Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    6 Rogers Ave Springfield, MA 01151

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $345,900

    Over 2700 sq. ft. commercial building in Springfield, MA.

    Lot size:
    0.15 Acres

    Property Features for 6 Rogers Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1920

    We can help!

    Listing Contact
    Patriot Living Group
    Source: Elliman

    Listing Agent: Patriot Living Group

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

    Learn more

    Overview

    Versatile Commercial Building For Sale

    This commercial building in Springfield, MA, offers over 2700 sq. ft. of space suitable for various business uses. The property features two oversized overhead doors, a private office, and a bathroom. It includes expansive warehouse and manufacturing areas with high ceilings throughout. The space is heated, making it suitable for year-round use. The building has been thoughtfully maintained and upgraded. It is adaptable to a wide range of commercial industries, including contracting, manufacturing, and distribution. The property has ample parking and easy access to major routes, making it a strategic hub for companies serving Western, Central, or Eastern Massachusetts and Northern Connecticut. Note: All potential uses should be verified with the city of Springfield by the buyer.
    Location Intelligence

    Current Use by Public Records

    LD's Unlimited Home ... Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4917531
    Latitude
    42.15739

    Nearby Similar for Sale

    • $299,900
      4,000 SF

      Historic Tudor with Rental Income

      Charming Tudor with carriage house on picturesque Mulberry Street.
      91-93 Mulberry St, Springfield, MA 01105
      View Details
    • $449,900
      3,312 SF

      Springfield Multi-Family Investment Opportunity

      Three-unit property with upgrades, parking, and potential income.
      12 Prescott St, Springfield, MA 01108
      View Details
    • New
      $185,000
      2,039 SF

      Two-Family Home in Springfield, MA

      Two-unit multifamily home with renovation potential in Springfield, Massachusetts.
      327 Orange St, Springfield, MA 01014
      View Details
    • $425,000
      3,163 SF

      Turnkey Springfield Multifamily Property

      Two-family property with renovated unit, ideal for investors.
      15 Malden St, Springfield, MA 01108
      View Details
    • $409,900
      2,791 SF

      Remodeled Two-Family Home

      Updated two-family home, ideal for investors or owner-occupants.
      25 Malden St, Springfield, MA 01108
      View Details
    • $349,000
      3,278 SF

      Springfield Multifamily Investment Opportunity

      Two-family home with income potential and expansion possibilities.
      32 Wendell Pl, Springfield, MA 01105
      View Details
    • $279,900
      2,341 SF

      Springfield Multifamily Investment Opportunity

      Income property with remodeled unit and recent upgrades.
      49 Euclid Ave, Springfield, MA 01108
      View Details
    • $379,900
      2,523 SF

      Updated Multifamily Property For Sale

      Recently updated three-family property with tenants in place.
      31 Denton Cir, Springfield, MA 01104
      View Details
    • $420,000
      3,163 SF

      Turn-Key Springfield Multi-Family Property

      Two-family property in Springfield, MA, with long-term tenant and renovated unit.
      15 Malden St, Springfield, MA 01108
      View Details
    • $14,965,000
      74,978 SF

      Hall of Fame Entertainment Complex

      Fitness center and law firm located in Springfield, MA.
      1150 W Columbus Ave, Springfield, MA 01105
      View Details
    • $11,900,000

      Springfield Portfolio: 127 Units

      Three stabilized, cash-flowing properties in Springfield's rental market.
      64 Myrtle St, Springfield, MA 01105
      View Details
    • $299,900
      3,723 SF

      Versatile Commercial Condominium Units

      3,723 sq ft commercial space in Springfield, MA for sale.
      155 205, Springfield, MA 01105
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Over 2700 sq. ft. commercial building in Springfield, MA.
    Where is this manufacturing property located?
    The property is located at 6 Rogers Ave Springfield, MA.
    What is the asking price?
    The asking price for this property is $345,900.
    What are key features of this property?
    This property features: - Over 2700 sq. ft. commercial building suitable for various business uses.; - Featuring two oversized overhead doors and expansive warehouse/manufacturing areas with high ceilings.; - Efficient heated space for year-round operation.
    (413) 282-8080
    Request Owner's contact information
    6 Rogers Ave Springfield, MA 01151
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6 Rogers Ave
    Springfield, MA 01151
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6 Rogers Ave Springfield, MA 01151
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patriot Living Group
    (413) 282-8080
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.