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Property profile & analytics
FOR SALE
Manufacturing properties

785 Page Blvd Springfield, MA 01104

4,452 SF 0.23 ac lot Built 1942
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US38-0940517
Property summary
AI-generated overview

This exceptional 4,452 square foot industrial building presents a unique investment opportunity in Springfield, Massachusetts. Strategically located on Page Boulevard, this property boasts unparalleled visibility due to its proximity to high-traffic national chains such as McDonald's and Burger King, experiencing a combined Average Annual Daily Traffic (AADT) of 15,000 vehicles. The building's functional layout is designed for versatility, catering to a range of commercial uses including manufacturing, distribution, and warehousing. Key features include three private offices, providing ample space for administrative functions. High ceilings (10 feet) maximize storage and operational efficiency, complemented by a convenient 9-foot drive-in door for easy loading and unloading. A two-car garage offers additional secure storage or workspace. The property also includes ample parking, with significant potential for outdoor storage expansion or future building additions on the 0.38-acre lot. The building is equipped with 3-phase power, making it suitable for businesses with demanding energy requirements. Its exceptional location offers seamless access to major interstate highways, including I-291 (seconds away), I-90 (approximately 2 miles), and I-91 (approximately 4.5 miles), ensuring efficient regional connectivity and convenient transportation for employees and clients. This property represents a compelling opportunity for businesses seeking a high-visibility, well-equipped industrial space in a prime Springfield location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1942
Total area 4,452 SF
Lot 0.23 ac (10,001 SF)
Zoning code I2
APN SPRI S:09440 P:0973
UPID US38-0940517
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
$500k
CAP Approach CAP
$625k
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
Thi Tai Realty LLC · 2 yrs held
Thi Tai Realty LLC
since 2023
Last sale
$550,000
6 recorded transactions
2023
$550,000
2023
$460,000
2021
Price N/A
2020
Price N/A
2006
$300,000
2002
$225,000
Zoning & alternative use
I2 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $725,000 +232.0%
Auto repair, garage $575,000 +165.0%
Commercial (general) $495,000 +127.0%
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