Property profile

1205-1211 Boston Rd Springfield, MA 01119

OFF-MARKET
Retail properties & Spaces
4,326 SF 1.26 ac lot Built 1970
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Property summary

AI-generated overview

This exceptional 4,326 square foot commercial building, situated on a 1.26-acre lot (54,771 square feet) in Springfield, Massachusetts, presents a compelling investment opportunity. Built in 1970, this single-story Class B building features a layout comprised of several private offices and a sizable open work area, ideal for a variety of business uses. The property boasts excellent visibility due to its location on a heavily trafficked thoroughfare and includes ample paved parking for 50+ vehicles. Zoned Business A, this property offers significant potential for redevelopment, leveraging its generous lot size and prime location. The asking price is $1,075,000. The building is currently vacant, providing immediate occupancy for a new owner. This is a rare opportunity to acquire a well-located commercial property with significant upside potential in a thriving market. The property address is 1205-1211 Boston Road, Springfield, MA 01119.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1970
Total area 4,326 SF
Lot 1.26 ac (54,886 SF)

Cap rate & NOI

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

Location

1205-1211 Boston Rd Springfield, MA 01119
Springfield metro
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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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