Property profile

87-147 Avocado St Springfield, MA 01104

OFF-MARKET
Warehouses
69,280 SF 5.06 ac lot Built 1970
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Property summary

AI-generated overview

This 69,280-square-foot industrial facility in Springfield, MA, offers a prime opportunity for owner-occupancy or tenancy. Built in 1970, the property sits on a 5.06-acre lot with convenient access to major highways, including Interstate 91, Interstate 291, and the Massachusetts Turnpike (within six miles). The building features 29 loading docks, 20-foot ceilings, and ample space for warehouse and distribution operations. A significant portion (26,000 square feet) is currently available, boasting 17 dock doors and 35'x25' column spacing. The property also includes a main office area with private offices, a conference room, break room, a large bullpen, and additional storage. Separate bathrooms serve both the shop and office areas. A fenced yard provides secure outdoor storage. The property is zoned for industrial use and is offered for sale at $5,500,000 ($79.39/sq ft) with a NNN lease type. The entire building is available for sale, presenting an excellent owner-occupant opportunity with potential for additional rental income.

Property profile

Verified
Property type Warehouses
Year built 1970
Total area 69,280 SF
Lot 5.06 ac (220,414 SF)

Cap rate & NOI

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

Location

87-147 Avocado St Springfield, MA 01104
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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