Property profile

87-147 Avocado St Springfield, MA 01104

OFF-MARKET
Industrial properties
69,280 SF 5.05 ac lot Built 1970
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Property summary

AI-generated overview

This exceptional Springfield, MA industrial property offers 69,280 square feet of versatile space, with 26,000 square feet currently available for lease. The building, constructed in 1970, features a single story with 20-foot ceilings and 29 loading docks (29 dock-high doors). The available space includes 17 dock doors, 35'x25' column spacing, radiant heat, and three shop offices. The main office area boasts two private offices, a conference room, break room, a large bullpen, and additional storage. Both the shop and office areas have separate bathrooms. The property sits on a 5.05-acre lot with a fenced yard, ideal for secure outdoor storage. Its strategic location, a half-mile from I-91, one mile from I-291, and six miles from the Massachusetts Turnpike, provides unparalleled access to major transportation arteries. The property is zoned Industrial A and classified as Class B. The entire 69,280-square-foot building is also available for sale, presenting a unique owner-occupant opportunity with potential for additional rental income. Minimum divisible space is 26,000 square feet. The property address is 87-147 Avocado Street, Springfield, MA 01104.

Property profile

Verified
Property type Industrial properties
Year built 1970
Total area 69,280 SF
Lot 5.05 ac (219,978 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
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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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