Property profile

616 Dwight St Springfield, MA 01104

OFF-MARKET
Warehouses
36,000 SF 1.47 ac lot Built 1965
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Property summary

AI-generated overview

This exceptional 36,000-square-foot industrial building in Springfield, MA, offers a versatile space ideal for manufacturing or flex operations. Built in 1965 and featuring modern updates, the property boasts 22-foot ceilings, two loading docks, and two drive-in doors (8' and 14' high). The building is fully climate-controlled and includes a 4,000 amp electrical service and additional mezzanine storage. Conveniently located on a 1.466-acre lot at 616 Dwight St, Springfield, MA 01104, it offers easy access to major highways, including I-291 (within a quarter-mile) and I-91 (within half a mile), with the Massachusetts Turnpike just over six miles away. The property is zoned for industrial use and features ample parking for 19 vehicles. Property taxes are $1.51 per square foot. This single-tenant building presents a significant opportunity for businesses seeking a well-maintained, strategically located industrial space. The building is classified as Class B. The property is also available for sale.

Property profile

Verified
Property type Warehouses
Year built 1965
Total area 36,000 SF
Lot 1.47 ac (63,859 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Company

Location

616 Dwight 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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