465 Taylor St Springfield, MA 01105-1111
- Manufacturing properties
- 3,420 SF
- 0.21 lot acres
Current Use by Public Records
- Couture / Real Estate Agency
Property Details for 465 Taylor St
- Year built
- 1910
- Lot size
- 0.21 lot acres
- Property size
- 3,420 SF
- Zone code
- B2
- Property type
- Manufacturing properties
- APN
- SPRI S:11430 P:0098
- APU
- SPRIS11430P0098
Description
This prime Springfield, MA commercial property, situated on a 0.21-acre lot at 465 Taylor Street, presents a unique opportunity for businesses seeking a blend of office and warehouse space. The 3,420 square foot building boasts a flexible layout, perfectly suited for a variety of uses, from retail and logistics to professional services. Its strategic location just off I-291 provides unparalleled convenience and accessibility, ensuring swift transportation and efficient delivery capabilities. The high-visibility location offers excellent exposure for signage, maximizing your business's reach and attracting potential clients. Ample on-site parking is available for employees and visitors, adding to the property's overall appeal. Inside, the building features modern amenities including essential utilities, high ceilings, loading docks, and well-appointed office space. This property is available for sale at $425,000, offering a compelling investment opportunity for businesses seeking a strategic location and functional space to thrive. The combination of accessibility, visibility, and versatile space makes this an exceptional opportunity to establish or expand your business in a thriving commercial area. The property's features are designed to support a wide range of business operations, making it an ideal choice for companies seeking a functional and strategically located space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $435,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $520,000
- Retail
- $445,000
- Mixed-Use
- $435,000
- Hospitality
- $485,000
- Educational
- $515,000
- Residential Income
- $450,000
- Energy
- $510,000
- Income-Based Land
- $430,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.582
- Latitude
- 42.1135
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA