785 Page Boulevard, Springfield, MA 01104
4,452 SF industrial building in Springfield, MA for sale.
- 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
Listing agent Jeremy Casey (413) 789-9830
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5529774
- Latitude
- 42.1431895