Property profile

572 St James Ave Springfield, MA 01109

OFF-MARKET
Industrial properties
6,414 SF 0.4 ac lot Built 1941
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Property summary

AI-generated overview

This 6,414-square-foot industrial manufacturing building in Springfield, MA, is available for $625,000 ($97.44/SF). Built in 1941 and renovated in 2012, this vacant property sits on a 0.4-acre lot and features a split zoning designation: Industrial A in the rear and Business B in the front. The building boasts a 14-foot ceiling height, one loading dock, ample paved on-site parking, and is conveniently located one minute from I-291, providing easy access to major highways. Inside, you'll find approximately 1,500 square feet of office space, separate restrooms for office and shop areas, and a break room. The 5,000-square-foot shop area features a clean epoxy floor, is plumbed for air, and has existing electrical distribution throughout. Recent upgrades include energy-efficient LED lighting and three gas-fired rooftop HVAC units providing heating and cooling. The building is served by an 800 Amp, 208 Volt, 3-phase electrical service and includes an 8' x 8' overhead door opening to a loading platform with a ramp to grade. This property presents a unique opportunity for a variety of manufacturing businesses seeking a well-maintained space with excellent accessibility.

Property profile

Verified
Property type Industrial properties
Year built 1941
Total area 6,414 SF
Lot 0.4 ac (17,424 SF)

Cap rate & NOI

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

Location

572 St James Ave Springfield, MA 01109
Springfield metro
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Value estimations

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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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