Property profile

1205 Boston Rd Springfield, MA 01119

OFF-MARKET
Retail properties & Spaces
Built 1970
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Property summary

AI-generated overview

This exceptional Springfield, Massachusetts executive office space, located at 1205-1211 Boston Road, presents a compelling investment opportunity. The property encompasses a substantial 1.26-acre lot (54,771 square feet) improved by a single-story, 4,326 square foot commercial building. Built in 1970 and classified as Class B, the building features a layout designed for executive offices, incorporating both private offices and a sizable open work area, ideal for a variety of business configurations. Situated on a high-traffic thoroughfare in Hampden County, this property boasts excellent visibility and ample paved parking, ensuring convenient access for employees and clients. The strategic location, combined with the significant lot size, presents potential for future development, offering considerable upside for the discerning investor. The property is a single-tenant occupancy, offering a streamlined management experience. This is a rare opportunity to acquire a well-located, functional office space with significant growth potential in a thriving market. The zip code is 01119.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1970

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1205 Boston Rd Springfield, MA 01119
Springfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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