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    1440 Boston Rd Springfield, MA 01129
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    Property profile & analytics

    1440 Boston Rd, Springfield, MA 01129

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    • Retail properties & Spaces
    • 15,292 SF
    • 1.61 lot acres
    Freestanding Building in Prime Location For Lease
    $1,585,000
    15,292 SF

    Freestanding Building in Prime Location

    15,292 SF freestanding building available for lease or ground lease.

    1440 Boston Rd, Springfield, MA
    View Listing
    Property ID
    US38-1864129
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walgreens / Pharmacy
    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Walgreens Pharmacy / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store

    Property Details for 1440 Boston Rd

    Year built
    1999
    Lot size
    1.61 lot acres
    Zone code
    B1
    Property type
    Retail properties & Spaces
    APN
    SPRI S:01655 P:0278
    APU
    SPRIS01655P0278

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,711,000
      Market price range: $617k - $1.71M
      AI Estimate
      $1,365,000
      Market price range: $562k - $1.37M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,040,000
      Current use
      OFFICE BUILDING
      $2,485,000
      Change: +139% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,985,000
      Change: +91% Conversion: Difficult
      RESTAURANT
      $1,310,000
      Change: +26% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,205,000
      Change: +16% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4951
    Latitude
    42.1419
    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
    $135,652
    $634,100
    $3,092,600
    $3,726,700
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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