Property profile

848 E Elm St West Springfield, MA 01089

FOR LEASE
Warehouses
Property ID
US38-1122946
4,500 SF 0.62 ac lot Built 1970
Entity Owned 27-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,500-square-foot commercial property in West Springfield, Massachusetts, offers a unique blend of office and industrial space, ideal for a variety of businesses. Situated on a one-acre lot at 848 Elm Street, this single-tenant building boasts 18-foot ceilings in the rear warehouse area, perfect for storage or manufacturing. Two 12' x 12' drive-in doors provide easy access for loading and unloading. The front of the building features office space, ready for tenant build-out to meet specific needs. The property includes five 3-phase 100-amp electrical panels, ensuring ample power for operations. Conveniently located off Route 5, providing easy access to Interstates 90 and 91, this location offers excellent regional accessibility. The property also features paved on-site parking with ample space for circulation and access to the building's rear and side. Built in 1970, this property is zoned BA within Hampden County and offers a total of 4,500 square feet of completely vacant space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,500 SF
Lot 0.62 ac (26,920 SF)
APN WSPR M:00102 B:08400 L:00040
UPID US38-1122946

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

848 E Elm St West Springfield, MA 01089
West Springfield metro Census 812201 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 1999
3 recorded transactions
2026
Price N/A
1999
$175,000
1992
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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