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    4 Springfield St Palmer, MA 01080

    For Sale
    Contact for pricing

    Multi-Tenant Warehouse, Excellent NOI

    Property size:
    307,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Palmer, MA industrial portfolio offers 307,800 square feet across four buildings situated on a 7.15-acre lot. The property, zoned Village Center District II, boasts a strong net operating income (NOI) of $281,313, reflecting excellent in-place cash flow and significant value-add potential. The multi-tenant occupancy ensures a diversified revenue stream. The two-story buildings provide ample space for various industrial and manufacturing uses. Located at 4 Springfield Street, Palmer, MA 01080 (42.1792289, -72.3677398), this property presents a compelling investment opportunity in Hampden County, Massachusetts. The existing tenant roster demonstrates the property's desirability and potential for continued growth. This is a rare opportunity to acquire a well-performing industrial portfolio with significant upside potential in a thriving market. The property's size, location, and strong cash flow make it an attractive investment for those seeking stable returns and future appreciation. The existing infrastructure and zoning allow for a variety of uses, providing flexibility for future development or expansion. This is a turnkey investment ready to generate immediate income. The property's strong performance history and potential for future growth make it a highly desirable asset.

    Property Features for 4 Springfield St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    307,800 SF
    Lot Size
    311,454 SF

    Building Details

    Buildings
    4
    Stories
    2

    HighLights

    • 307,800 SF industrial warehouse and manufacturing property.
    • NNN lease, multi‑tenant occupancy.
    • $281,313 Net Operating Income (NOI).
    • Four buildings on a 7.15‑acre lot, two stories.
    • Located in Palmer, MA, zoned Village Center District II.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Next Street - Palmer ... Driving School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.3677398
    Latitude
    42.1792289

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    FAQs

    What type of property is this?
    Manufacturing property - Multi-Tenant Warehouse, Excellent NOI
    Where is this manufacturing property located?
    The property is located at 4 Springfield St Palmer, MA.
    What are key features of this property?
    This property features: 307,800 SF industrial warehouse and manufacturing property.; NNN lease, multi-tenant occupancy.; $281,313 Net Operating Income (NOI).
    Request Owner's contact information
    4 Springfield St Palmer, MA 01080
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    Palmer, MA 01080
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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
    4 Springfield St Palmer, MA 01080
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