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Property profile & analytics

65 Springfield Rd Westfield, MA 01085-1855

  • Showrooms
  • 21,072 SF
  • 2.94 lot acres
OFF-MARKET
Last Sale
May 23, 2024
$1,800,000
Value Estimations
$1,795,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-0812884
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

  • Showrooms

Property Details for 65 Springfield Rd

Year built
1996
Construction
STEEL FRAME
Lot size
2.94 lot acres
Property size
21,072 SF
Property type
Showrooms
APN
WFLD M:113 L:3
APU
WFLDM113L3

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,800,000
    ML approach
    $1,800,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,802,000
    Market price range: $827k - $2.76M
    AI Estimate
    $1,443,000
    Market price range: $651k - $2.16M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Westfield
County
Hampden
State
Massachusetts
Longitude
-72.7129
Latitude
42.1115
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
$43,918
$303,000
$1,096,100
$1,399,100
-
$0.00
$0.00
$0.00
More about this property
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