Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    ss Allen St, Springfield, MA 01118

    3.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.45-acre commercial development opportunity is situated in a prime Springfield location at the highly visible, signalized intersection of Allen Street and Bicentennial Highway. Boasting over 30,000 vehicles passing daily, this parcel offers unparalleled exposure and accessibility. The property benefits from its strategic placement within one of Springfield's most affluent and densely populated neighborhoods, placing it in close proximity to a thriving retail environment. Neighboring businesses include Bicentennial Plaza, a successful local retail center, along with established national chains such as McDonald's, Wendy's, and Florence Bank, as well as several medical facilities. Its convenient location at the crossroads of Springfield's suburbs ensures strong east-west commuter traffic and easy access to the regional retail hub, Five Town Plaza. The property's zoning allows for a flexible range of commercial and residential uses, presenting numerous possibilities for developers. The site includes a dedicated right-of-way to the traffic signal, further enhancing its accessibility and appeal. This is a rare opportunity to acquire a significant parcel of land in a high-demand area with exceptional visibility and potential for substantial return on investment. The asking price is $1,050,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.45 ac (150,282 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own ss Allen St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message