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    494 Belmont Ave Springfield, MA 01108

    For Lease
    $15 SF/Yr ($11,250 /Mo)

    Office space for lease with large open floor plan.

    Property size:
    9,000 SF
    Lot size:
    9,000 SF

    Property Features for 494 Belmont Ave

    General Information

    Size
    9,000 SF

    Source: Jim Reardon Agent Jim Reardon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Springfield Office Space For Lease

    Located at 494 Belmont Avenue in Springfield, MA, this property offers space for lease. Situated in the Forest Section of Springfield at the intersection of Sumner Avenue, Dickinson Street, and Belmont Avenue, it is conveniently located one mile from Route 21 and 83, and 1.5 miles from I-91. The property features a large, open floor plan suitable for various uses. It also includes a large parking lot and has been freshly renovated. The available space offers modern amenities and versatile layouts, making it suitable for a wide range of businesses. The property provides an opportunity to establish or expand your enterprise with customizable floor plans and facilities.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5600926
    Latitude
    42.0863385

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    FAQs

    What type of property is this?
    Office space - Office space for lease with large open floor plan.
    Where is this office space located?
    The property is located at 494 Belmont Ave Springfield, MA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Large open floor plan adaptable to various business needs.; - Ample parking available.; - Convenient location near Route 21 & 83 and I-91.
    (860) 508-2192
    Request Owner's contact information
    494 Belmont Ave Springfield, MA 01108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    494 Belmont Ave Springfield, MA 01108
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