80 Progress Ave, West Springfield, MA 01089-3330
This exceptional industrial property, located at 80 Progress Ave in West Springfield, Massachusetts, offers a total of 36,680 square feet of warehouse and distribution space. The building, constructed in 1941, features two suites, currently vacant and available for lease or sale. The minimum divisible space is 30,554 square feet, with a maximum contiguous space of 36,680 square feet, providing flexibility for various business needs. The property sits on a 2.3-acre lot and boasts impressive features including 12' to 14' ceiling heights, ample parking, two loading docks, and one drive-in door. Power is provided by two 400-amp services, and an elevator is conveniently available. The zoning is industrial, ensuring suitability for a wide range of industrial and distribution operations. Located in Hampden County, this property offers easy access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. The property's size and features make it a prime opportunity for businesses seeking a well-maintained and strategically located industrial space in West Springfield. The property is zoned for industrial use and offers a significant amount of space for a variety of uses. This is a rare opportunity to acquire a substantial industrial property in a desirable location.
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
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.