65 Springfield Rd Westfield, MA 01085-1855
This exceptional two-story, Class B office building, totaling 22,419 square feet, presents a unique investment opportunity in Westfield, Massachusetts. Located at 65 Springfield Road, this property boasts a convenient location on Route 20, providing easy access to major highways I-90 and I-91. The building features three suites, with 3,600 square feet currently available for lease. Individual suites range from a minimum of 1,000 square feet to a maximum contiguous space of 2,600 square feet, catering to a variety of business needs. The property sits on 2.94 acres of land and offers ample on-site parking with a total of 50 spaces. Built in 1996, the well-maintained building includes convenient amenities such as a conference room and an elevator, enhancing its appeal to potential tenants. The property's versatile layout is suitable for various office uses, including medical, traditional, and executive office spaces. Its strategic location and comprehensive amenities make this a highly desirable property for businesses seeking a comfortable and efficient workspace in a thriving community. The property is zoned for office use and is situated in Hampden County, offering easy access to a diverse range of local amenities and services. This is an excellent opportunity to acquire a well-maintained, strategically located office building with significant potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.