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    Fernbank Rd & Boston Rd Springfield, MA

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    For Lease
    Contact for pricing

    Retail spaces available in Springfield with high traffic and density.

    Property size:
    10,000 SF
    Lot size:
    40.43 Acres

    Property Features for Fernbank Rd & Boston Rd

    General Information

    Size
    10,000 SF
    Lot size
    40.43 Acres

    Source: Atlantic Retail - Corporate Agent Bryan Anderson

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

    Overview

    Retail Spaces on Boston Road

    Retail spaces are available for lease, including small shop retail strip spaces up to 16,250 square feet, which are sub-dividable within a 250' x 65' area. Additionally, there is a freestanding 10,000-square-foot building available for lease, also sub-dividable. Pylon signage is available. The location benefits from tremendous density, with over 200,000 people residing within a 5-mile radius. The property experiences high traffic volume, with 21,884 ADT on Route 20 (Boston Road).
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5707614
    Latitude
    42.1341459

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    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in Springfield with high traffic and density.
    Where is this strip mall located?
    The property is located at Fernbank Rd & Boston Rd Springfield, MA.
    What are key features of this property?
    This property features: - Tremendous density: Over 200,000 people within a 5-mile radius; - High traffic volume: 21,884 ADT on Route 20 (Boston Road); - Sub-dividable spaces: Up to 16,250 SF retail strip spaces and a 10,000 SF freestanding building
    (617) 285-6688
    Request Owner's contact information
    Fernbank Rd & Boston Rd Springfield, MA
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    Springfield, MA
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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
    Fernbank Rd & Boston Rd Springfield, MA
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