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    1205-1211 Boston Rd Springfield, MA 01119

    For Sale
    $1,075,000

    1.26-acre office/retail space, vacant.

    Property size:
    4,326 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,326 square foot commercial building, situated on a 1.26-acre lot (54,771 square feet) in Springfield, Massachusetts, presents a compelling investment opportunity. Built in 1970, this single-story Class B building features a layout comprised of several private offices and a sizable open work area, ideal for a variety of business uses. The property boasts excellent visibility due to its location on a heavily trafficked thoroughfare and includes ample paved parking for 50+ vehicles. Zoned Business A, this property offers significant potential for redevelopment, leveraging its generous lot size and prime location. The asking price is $1,075,000. The building is currently vacant, providing immediate occupancy for a new owner. This is a rare opportunity to acquire a well-located commercial property with significant upside potential in a thriving market. The property address is 1205-1211 Boston Road, Springfield, MA 01119.

    Property Features for 1205-1211 Boston Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,326 SF
    Class
    B
    Lot Size
    54,886 SF

    Building Details

    Year Built
    1970
    Stories
    1

    HighLights

    • 4,326 SF office/retail building.
    • Features private offices and a large open work area.
    • Significant redevelopment potential.
    • 1.26‑acre lot zoned Business A.
    • High visibility location on a major thoroughfare.
    • Ample paved parking for 50+ vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5036327
    Latitude
    42.1394671

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    FAQs

    What type of property is this?
    Office Property / Space - 1.26-acre office/retail space, vacant.
    Where is this office property / space located?
    The property is located at 1205-1211 Boston Rd 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: 4,326 SF office/retail building.; Features private offices and a large open work area.; Significant redevelopment potential.
    Request Owner's contact information
    1205-1211 Boston Rd Springfield, MA 01119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1205-1211 Boston Rd Springfield, MA 01119
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