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    FOR SALE
    Warehouses

    612-616 Dwight St, Springfield, MA 01103

    36,000 SF 1.47 ac lot Built 1965
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-2510724
    Property summary
    AI-generated overview

    This exceptional 36,000-square-foot industrial property, situated on a 1.46 acres lot in Springfield, Massachusetts, presents a unique investment opportunity. Built in 1965 and featuring a single-story, 36,000-square-foot building, this Class B industrial space offers versatile functionality as a distribution center, flex space, or manufacturing facility. The property boasts a 22-foot ceiling height, providing ample vertical storage capacity. Efficient logistics are ensured with two loading docks and two grade-level doors. The building is fully climate-controlled and equipped with heavy power, enhancing operational efficiency. Its strategic location offers convenient access to major highways, including I-291 (within a quarter-mile) and I-91 (within half a mile), and the Massachusetts Turnpike (just over six miles away), ensuring seamless transportation and connectivity. The property is zoned for industrial use and is available for sale or lease. The property's features include a 4,000 amp electrical service and additional mezzanine storage. This well-maintained property offers a compelling combination of size, functionality, and location, making it an ideal choice for a variety of industrial operations. The address is 612-616 Dwight St, Springfield, MA 01104.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1965
    Total area 36,000 SF
    Lot 1.47 ac (63,863 SF)
    Zoning code I2
    APN SPRI S:04222 P:0073
    UPID US38-2510724
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.20M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.16M
    Blend (final) Blend
    $1.20M
    Owner & transaction history
    Mass Medical Re Partners · 1 yrs held
    Mass Medical Re Partners
    since 2024
    Last sale
    $1.2M
    5 recorded transactions
    2025
    2024
    $1.2M
    2018
    $1.0M
    2012
    $625,000
    2012
    Zoning & alternative use
    I2 · Springfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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