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    FOR LEASE
    Auto shops

    160 Rocus St, Springfield, MA 01104

    7,920 SF 5.21 ac lot Built 1965
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US38-0434845
    Property summary
    AI-generated overview

    This exceptional industrial warehouse property at 160 Rocus Street in Springfield, Massachusetts, offers a significant opportunity for businesses seeking flexible space options. The building totals 24,920 square feet and is currently entirely vacant, presenting a unique chance to customize the space to meet specific operational needs. Multiple tenancy is possible, with units ranging from a minimum of 7,920 square feet to a maximum contiguous space of 17,000 square feet. The high ceilings, measuring 15 to 16 feet, provide ample vertical clearance for storage and various industrial applications. Convenient access is ensured by the presence of five drive-in doors, facilitating efficient loading and unloading of goods. Located in Hampden County, with a Springfield, MA 01104 zip code, this property benefits from a strategic location within the city. The entire 24,920 square feet is available for lease, making it ideal for a single large tenant or multiple smaller businesses seeking to share the space. This is a rare opportunity to secure a substantial and well-equipped warehouse in a desirable location. Contact us today to learn more about leasing options and to schedule a viewing.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1965
    Total area 7,920 SF
    Lot 5.21 ac (226,948 SF)
    Zoning code I2
    APN SPRI S:10330 P:0037
    UPID US38-0434845
    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
    • Global Petroleum Corporation Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.00M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.27M
    Blend (final) Blend
    $1.07M
    Owner & transaction history
    Morais Enterprises LLC · 2 yrs held
    Morais Enterprises LLC
    since 2023
    Last sale
    $1.1M
    1 recorded transaction
    2023
    $1.1M
    Zoning & alternative use
    I2 · Springfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.3M +25.3%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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