Listing Agency: Pioneer CRE

Listed By: Paul Bongiorni · License #REB.0793882 Show Phone

Source: Crexi

Added: Oct 25, 2024 Changed: Aug 28 Last Checked: Sep 3 at 5:06AM

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Investment Insights

Based on property information with market context.

Key Highlights

• High traffic location: Over 30,000 vehicles pass daily at the signalized intersection of Allen Street and Bicentennial Highway.
• Prime location in affluent neighborhood: Situated in the highly populated and affluent 16 Acres neighborhood of Springfield.
• Excellent visibility and accessibility: Benefits from strong east‑west commuter traffic and proximity to regional retail hub Five Town Plaza.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

394

Businesses Nearby

Explore this area Business Placement

Demographics for 01118, MA

14,296

Population

5,787

Households

2.5

Avg Household Size

40

Median Age

30%

College-Educated

91%

High-School Grad

3.6 sq mi

ZIP Area

3,971

Density / Sq Mi

$80,906

Median Household Income

$48,486

Median Earnings

$1,220

Median Rent

$243,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

Where is this commercial land located?

The property is located at 1470 Allen St Springfield, MA.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: High traffic location: Over 30,000 vehicles pass daily at the signalized intersection of Allen Street and Bicentennial Highway.; Prime location in affluent neighborhood: Situated in the highly populated and affluent 16 Acres neighborhood of Springfield.; Excellent visibility and accessibility: Benefits from strong east‑west commuter traffic and proximity to regional retail hub Five Town Plaza.