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    Property profile & analytics

    612-616 Dwight St Springfield, MA 01103

    • Warehouses
    • 36,000 SF
    • 1.47 lot acres
    For Sale
    View listing
    $2,495,000
    Value Estimation
    Last Sale
    Sep 20, 2024
    $1,200,000
    Location Intelligence
    Property ID
    US38-2510724
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 612-616 Dwight St

    Year built
    1965
    Lot size
    1.47 lot acres
    Property size
    36,000 SF
    Zone code
    I2
    Property type
    Warehouses
    APN
    SPRI S:04222 P:0073
    APU
    SPRIS04222P0073

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,190,000
      6.5%
      $1,315,000
      7%
      $1,270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,165,000
      Geo Method
      $1,310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,090,000
      Retail
      $1,080,000
      Mixed-Use
      $1,085,000
      Hospitality
      $1,265,000
      Educational
      $1,180,000
      Residential Income
      $1,130,000
      Energy
      $1,335,000
      Income-Based Land
      $1,100,000
      Food Service
      $1,315,000

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.595
    Latitude
    42.1078
    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
    2024
    $53,083
    $877,200
    $621,900
    $1,499,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
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      13,190 SF

      187 Cottage St

      WAREHOUSE, STORAGE • 13,190 SF
      187 Cottage St, Springfield, MA 01104-4003
      View Details
    • Value Estimation
      $675,000
      25,776 SF

      2220 Main St

      WAREHOUSE, STORAGE • 25,776 SF
      2220 Main St, Springfield, MA 01104-3312
      View Details
    • Value Estimation by Request
      36,097 SF

      120 Tapley St

      WAREHOUSE, STORAGE • 36,097 SF
      120 Tapley St, Springfield, MA 01104
      View Details
    • Value Estimation by Request
      5,506 SF

      467 Cottage St

      WAREHOUSE, STORAGE • 5,506 SF
      467 Cottage St, Springfield, MA 01104-4005
      View Details
    • Value Estimation by Request
      36,000 SF

      616 Dwight St

      Distribution properties • 36,000 SF
      616 Dwight St, Springfield, MA 01104
      View Details

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    Springfield, MA 01103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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