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    1218 State St Springfield, MA 01109

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    For Lease
    Contact for pricing

    Office space for rent near major employers and universities.

    Property size:
    1,587 SF
    Lot size:
    0.50 Acres

    Property Features for 1218 State St

    General Information

    Size
    1,587 SF
    Lot size
    0.50 Acres

    Source: Atlantic Retail - Corporate Agent Michael Alberico

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

    Overview

    Office Space Near Mass Mutual

    This 1,587 square foot office space is located at a fully signalized intersection across from the Mass Mutual Life Insurance Headquarters, which employs over 11,000 people. The property is also in close proximity to American International College, Western New England University, and several local schools. The location benefits from a traffic count of 22,274 ADT on State Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dunkin' Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5504667
    Latitude
    42.116408

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    FAQs

    What type of property is this?
    Office space - Office space for rent near major employers and universities.
    Where is this office space located?
    The property is located at 1218 State St Springfield, MA.
    What are key features of this property?
    This property features: - High traffic count of 22,274 ADT on State Street.; - Located across from Mass Mutual Life Insurance Headquarters with over 11,000 employees.; - Fully signalized intersection.
    (978) 273-8569
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    Springfield, MA 01109
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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
    1218 State St Springfield, MA 01109
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