Self Storage Facility with Parking
For Sale
Contact for pricing
Pending
192 Cadwell Dr, Springfield, MA 01104
Additional space on both sides of the facility may support parking rentals and ancillary revenue programs.
Property SizeContact for details
Days on Market146
Property Features for 192 Cadwell Dr
General Information
Standard status
Pending
Property subtype
Self Storage
Occupancy
99%
Additional Details
Road Access
Yes
Listing Agency:
SkyView Advisors
Listed By:
Michael Brandon · License #SL3489993
Source:
Crexi
Added: Apr 12
Changed: Sep 3
Last Checked: Sep 2 at 3:21PM
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 SkyView Advisors
Investment Insights
Based on property information with market context.
This self storage facility is reported at 99% occupancy and includes space on both sides of the property that can be rented for parking. The operation also presents the ability to add tenant insurance programs and collect ancillary income alongside storage rentals.
The property is positioned at the intersection of two major roadways, each carrying over 45,000 VPD. Demand within a three-mile radius is reported at 2.62 NRSF per person, while market rental rates have trended upward during the past three years. The facility is located at 192 Cadwell Dr in Springfield, Massachusetts.
The property is positioned at the intersection of two major roadways, each carrying over 45,000 VPD. Demand within a three-mile radius is reported at 2.62 NRSF per person, while market rental rates have trended upward during the past three years. The facility is located at 192 Cadwell Dr in Springfield, Massachusetts.
Key Highlights
- 99% occupancy reported for the self storage facility
- At the intersection of two major roadways, each carrying over 45,000 VPD
- Demand reported at 2.62 NRSF per person within a three‑mile radius
Property Analytics
Property Profile
Current Use
Lease Details
99%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 01104, MA
23,598
Population
9,562
Households
2.5
Avg Household Size
38
Median Age
13%
College-Educated
77%
High-School Grad
5.2 sq mi
ZIP Area
4,538
Density / Sq Mi
$47,530
Median Household Income
$37,463
Median Earnings
$1,004
Median Rent
$210,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Additional space on both sides of the facility may support parking rentals and ancillary revenue programs.
Where is this self storage facility located?
The property is located at 192 Cadwell Dr Springfield, MA.
What are key features of this property?
This property features: 99% occupancy reported for the self storage facility; At the intersection of two major roadways, each carrying over 45,000 VPD; Demand reported at 2.62 NRSF per person within a three‑mile radius
