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    Springfield Industrial Building For Sale Title is generated by Realmo AI

    785 Page Boulevard, Springfield, MA 01104

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    For Sale
    $625,000

    4,452 SF industrial building in Springfield, MA for sale.

    Type:Commercial
    Property size:
    4,452 SF
    Price / SF:
    $140/SF
    Added:
    Oct 23, 2024
    Days on Market:
    594
    Last Refresh:
    Apr 22 at 7:10 am

    Property Features for 785 Page Boulevard

    General Information

    Standard status
    Active
    Size
    4,452 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1942

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    Listing Contact
    Jeremy Casey

    Listing agent Jeremy Casey

    Listing office SR Commercial Realty

    Listing date Oct 23, 2024

    Source Parksquarerealty

    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 SR Commercial Realty

    HighLights

    • Prime Location: Situated next to high‑traffic national brands (McDonald's, Burger King) with high visibility and customer flow (15,000 AADT).
    • Exceptional Access: Seconds from I‑291, approximately 2 miles from I‑90, and 4.5 miles from I‑91, providing seamless regional interstate connectivity.
    • High‑Powered Facility: Equipped with 3‑phase power to accommodate demanding industrial operations.
    • Versatile Industrial Space: 4,452 SF suitable for manufacturing, distribution, and warehousing.
    • Expansion‑Ready: Ample parking with additional space for outdoor storage or future expansion opportunities.
    • Functional Layout: Includes three private offices, 10‑foot ceilings, a 9‑foot drive‑in door, and a two‑car garage.

    Overview

    This 4,452 SF industrial building is located in Springfield, MA, offering accessibility and visibility. The property is designed to support a variety of commercial needs, including manufacturing, distribution, and warehousing. It is equipped with 3-phase power to accommodate demanding industrial operations. The layout includes three private offices, 10-foot ceilings, a 9-foot drive-in door, and a two-car garage. Ample parking is available, with additional space for outdoor storage or future expansion opportunities. The property is situated next to high-traffic national brands like McDonald's and Burger King, with a combined AADT of 15,000. It is located seconds from I-291, approximately 2 miles from I-90, and 4.5 miles from I-91, providing regional interstate connectivity.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $61.4k $13.80
    − Vacancy −$3.4k −$0.76
    EGI $58.1k $13.04
    − OpEx −$17.4k −$3.91
    NOI $40.6k $9.13
    4,452 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $580.6K
    $508.0K – $677.4K (±1% cap)
    NOI $40,641 @ 7.0% cap · market cap 6.50%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,624 @ 7.0% cap · market cap 13.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5529774
    Latitude
    42.1431895

    FAQs

    What type of property is this?
    Industrial property - 4,452 SF industrial building in Springfield, MA for sale.
    Where is this industrial property located?
    The property is located at 785 Page Boulevard Springfield, MA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Prime Location: Situated next to high‑traffic national brands (McDonald's, Burger King) with high visibility and customer flow (15,000 AADT).; Exceptional Access: Seconds from I‑291, approximately 2 miles from I‑90, and 4.5 miles from I‑91, providing seamless regional interstate connectivity.; High‑Powered Facility: Equipped with 3‑phase power to accommodate demanding industrial operations.
    More about this property
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