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    Property profile & analytics
    OFF-MARKET Estimated value $2,110,000
    Showrooms

    80 Progress Ave, West Springfield, MA 01089-3330

    31,136 SF 2.45 ac lot Built 1941
    Entity Owned 31-yr Hold Free & Clear
    Property ID
    US38-0716857
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1941
    Construction CONCRETE
    Total area 31,136 SF
    Lot 2.45 ac (106,912 SF)
    APN WSPR M:00444 B:23600 L:00032
    UPID US38-0716857
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.12M
    Blend (final) Blend
    $2.11M
    Owner & transaction history
    Camar Rlty INC · 31 yrs held
    Camar Rlty INC
    since 1995
    2 recorded transactions
    1995
    1995
    $500,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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