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    Property profile & analytics
    OFF-MARKET Estimated value $945,000
    Medical Office Space

    125 Liberty St, Springfield, MA 01103-1114

    54,720 SF 2.16 ac lot Built 1965
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US38-0851970
    Property summary
    AI-generated overview

    This exceptional 54,720-square-foot medical office building presents a compelling investment opportunity in Springfield, Massachusetts. Situated on a spacious 2.15-acre lot, the property boasts a substantial 193-space parking field, ensuring ample convenience for patients and staff. Its strategic location at the intersection of Dwight Street and Liberty Street provides immediate access to Interstate 291, with Interstate 91 just half a mile away and the Mass Pike a convenient five miles distant. This prime location offers unparalleled connectivity and accessibility. The existing building presents a strong value-add or redevelopment opportunity, given its size and location. Furthermore, its proximity to key Springfield landmarks enhances its appeal. The property is located just 0.7 miles from Mercy Medical Hospital, 0.5 miles from the MassMutual Center, and 0.7 miles from MGM Springfield, ensuring high visibility and a strong patient base. The property's size, parking availability, and strategic location make it an ideal asset for healthcare providers seeking a prominent presence in a thriving urban center. This is a rare opportunity to acquire a significant medical office building in a high-demand area with excellent access to major transportation arteries and key community amenities. The property is offered for sale and is ready for immediate occupancy or redevelopment.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1965
    Total area 54,720 SF
    Lot 2.16 ac (94,063 SF)
    Zoning code B2
    APN SPRI S:07770 P:0645
    UPID US38-0851970
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dahdul Adnan M MD Physician
    • Mr. David Hill Medical Clinic
    • Unlimited Medical Diagnostic Labs Medical Laboratory
    • Dr. Victoria Peters Pediatrician Physician
    • Stechenberg Leon MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $945k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $945k
    Owner & transaction history
    Northeastern Invs LLC · 1 yrs held
    Northeastern Invs LLC
    since 2024
    Last sale
    $945,000
    7 recorded transactions
    2024
    $945,000
    2016
    2004
    2002
    1994
    1991
    1969
    Zoning & alternative use
    B2 · Springfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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