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    1930 Wilbraham Rd Springfield, MA 01129

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    For Sale
    $1,200,000

    2,304 SF retail property in Sixteen Acres neighborhood.

    Property size:
    2,304 SF
    Lot size:
    0.50 Acres

    Property Features for 1930 Wilbraham Rd

    General Information

    Size
    2,304 SF
    Lot size
    0.50 Acres

    Source: Region Commercial Agent Mitch Bolotin

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

    Overview

    Springfield Retail Property For Sale

    This 2,304 square foot retail property is available for sale at 1930 Wilbraham Road, Springfield, MA. Situated on approximately 0.50 acres in the Sixteen Acres neighborhood, the property is fully leased to a long-term tenant on a triple net (NNN) basis. The building features a drive-up teller window. The site benefits from excellent visibility and convenient access to major city routes. It is located approximately 1.1 miles from Western New England University and is surrounded by residential housing, schools, and neighborhood-serving businesses. The location benefits from steady local traffic and is positioned along a key corridor connecting to Boston Road and Parker Street. On-site parking, a freestanding layout, and proximity to area amenities contribute to the property's functionality and accessibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    New Valley Bank ... Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4967389
    Latitude
    42.1149302

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    FAQs

    What type of property is this?
    Bank - 2,304 SF retail property in Sixteen Acres neighborhood.
    Where is this bank located?
    The property is located at 1930 Wilbraham Rd Springfield, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Fully leased on a triple net (NNN) basis, providing a passive income stream.; - Features a **drive-up teller window**, a valuable asset for a tenant.; - Excellent visibility and convenient access on Wilbraham Road.
    (413) 537-2020
    Request Owner's contact information
    1930 Wilbraham Rd Springfield, MA 01129
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    Springfield, MA 01129
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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
    1930 Wilbraham Rd Springfield, MA 01129
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