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Property profile & analytics

1250 Saint James Ave Springfield, MA 01104

  • Sports & entertainment properties
  • 62,476 SF
  • 11.28 lot acres
Value Estimation
Last Sale
Feb 06, 2025
$5,000,000
Location Intelligence
Property ID
US38-1863486
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Sports & entertainment properties

Property Details for 1250 Saint James Ave

Year built
1999
Lot size
11.28 lot acres
Property size
62,476 SF
Zone code
S
Property type
Sports & entertainment properties
APN
SPRI S:11170 P:0182
APU
SPRIS11170P0182

Description

This exceptional 77,864 square foot executive office building, located at 1250 Saint James Avenue in Springfield, Massachusetts, presents a significant investment opportunity. Situated on a substantial 9.5-acre lot, the property boasts ample space and visibility. The building offers a clear height of 23 feet 10 inches, providing versatile options for office layouts and potential future expansion. Its prime location in Hampden County, with easy access to major transportation routes, ensures convenient commuting for employees and clients. The property's size and features make it ideal for a variety of businesses seeking a prominent presence in the Springfield market. A key advantage is the availability of pylon signage, offering excellent branding opportunities. The building provides full access, ensuring efficient operations and convenient access for all occupants. This is a rare opportunity to acquire a substantial, well-located executive office building in a thriving market. The property is being offered for sale and is ready for immediate occupancy. The expansive lot size also allows for significant future development potential. This is a truly remarkable opportunity for a discerning buyer.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,350,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,925,000
    6.5%
    $5,255,000
    7%
    $5,440,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,365,000
    Geo Method
    $4,740,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,310,000
    Retail
    $5,040,000
    Mixed-Use
    $5,975,000
    Hospitality
    $4,570,000
    Educational
    $5,240,000
    Residential Income
    $5,025,000
    Energy
    $4,580,000
    Income-Based Land
    $5,890,000
    Food Service
    $5,755,000

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Hampden
State
Massachusetts
Longitude
-72.576
Latitude
42.1406
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$122,042
$1,940,200
$1,412,600
$3,352,800
-
$0.00
$0.00
$0.00
More about this property
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