Office Building on High-Traffic
1205-1211 Boston Road, Springfield, MA 01119
4,326 SF office building with development potential on 1.26 acres.
Type:Office
Property size:
4,326 SFLot size:
1.26 AcresPrice / SF:
$248/SF- Added:
- Mar 6, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 10:53 pm
Property Features for 1205-1211 Boston Road
General Information
- Standard status
- Active
- Size
- 4,326 SF
- Lot size
- 1.26 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing agent David Wolos License #MA 95630 (413) 200-6019
Listing office Samuel D. Plotkin & Associates (413) 200-6019
Listing date Mar 6, 2026
Source Naiglobal
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Samuel D. Plotkin & Associates
HighLights
- 1.26 acres of Business A zoned land offering potential development opportunity.
- Located on a heavily traveled artery with excellent visibility.
- 4,326 SF office/retail building suitable for various business needs.
- Paved, onsite parking for 50+ vehicles.
- Building consists of private offices and a large, open work area.
- Commercial building on a 1.26 acre lot.
Overview
The property features a one-story commercial building with approximately 4,326 square feet of space. The building includes a number of private offices and a large, open work area. Situated on approximately 1.26 acres (54,771 square feet) of Business A zoned land, the property benefits from its location on a heavily traveled artery, offering excellent visibility. A large, paved parking area provides space for 50+ vehicles. The property presents a potential development opportunity.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$661.9K
NOI $59,569 @ 9.00% cap · cautious / downside scenario
Moderate
$851.0K
NOI $59,569 @ 7.00% cap · market / base-case scenario
Aggressive
$1.19M
NOI $59,569 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.4k | $21.60 |
| − Vacancy | −$14.0k | −$3.24 |
| EGI | $79.4k | $18.36 |
| − OpEx | −$19.9k | −$4.59 |
| NOI | $59.6k | $13.77 |
4,326 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$851.0K
$744.6K – $992.8K
NOI $59,569 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,229 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5036
- Latitude
- 42.1395
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 4,326 SF office building with development potential on 1.26 acres.
Where is this office building located?
The property is located at 1205-1211 Boston Road Springfield, MA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 1.26 acres of Business A zoned land offering potential development opportunity.; Located on a heavily traveled artery with excellent visibility.; **4,326 SF office/retail building** suitable for various business needs.
