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    OFF-MARKET
    Retail properties & Spaces

    1205 Boston Rd, Springfield, MA 01119

    Built 1970
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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