4 Springfield St Palmer, MA 01080
- Warehouses
- 307,800 SF
- 7.15 lot acres
Current Use by Public Records
- The Next Street - Palmer Driving School / Driving School
Property Details for 4 Springfield St
- Lot size
- 7.15 lot acres
- Property size
- 307,800 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmer
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.3677
- Latitude
- 42.1792
