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Property profile & analytics
OFF-MARKET
Commercial real estate

4 Springfield St Palmer, MA 01080

7.15 ac lot Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 7.15-acre parcel of land presents a unique investment opportunity in the thriving town of Palmer, Massachusetts. Located at 4 Springfield Street, this expansive property offers significant potential for a variety of commercial and industrial uses. The substantial acreage provides ample space for development, allowing for flexibility in design and construction to meet specific business needs. Its strategic location within Palmer offers convenient access to major transportation routes, facilitating efficient logistics and distribution. The property's zoning regulations should be independently verified to ensure compliance with intended development plans. Given its size and prime location, this land is ideally suited for businesses seeking to establish a significant presence in the region. The asking price of $2,950,000 reflects the property's considerable value and potential for future growth. Serious inquiries are encouraged to explore the possibilities this exceptional land offering presents. Further due diligence is recommended to confirm all aspects of the property's suitability for intended use. This includes, but is not limited to, environmental assessments, zoning verification, and utility availability. The seller is motivated and open to reasonable offers. This is a rare opportunity to acquire a substantial land holding in a desirable location. Don't miss out on this chance to secure a prime piece of Palmer real estate.

Property profile
Verified
Property type Commercial real estate
Year built 1920
Lot 7.15 ac (311,454 SF)
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
Current use
Occupant on record · Public records
  • The Next Street - Palmer Driving School Training Center Vocational School
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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