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Property profile & analytics
OFF-MARKET Estimated value $530,000
Auto shops

927 Boston Rd Springfield, MA 01119-1332

3,927 SF 0.38 ac lot Built 1965
Individually Owned 10-yr Hold Free & Clear
Property ID
US38-0274827
Property summary
AI-generated overview

This exceptional commercial property at 927 Boston Road, Springfield, MA, presents a rare investment opportunity. Boasting over half an acre (.51 acres) of land, this property enjoys an unparalleled location directly adjacent to a Walmart, ensuring exceptional foot and vehicle traffic. The existing business, a successful car sales and repair operation, benefits from this prime visibility and includes a Massachusetts State Inspection License – a significant asset rarely available. The substantial building features a well-equipped garage with four lifts and three oversized garage doors, facilitating efficient operations. Adding to the property's value is a 5500 square foot lot located at the rear of the main building, accessible via ES Phillips Ave. This additional space offers significant potential for expansion or alternative uses. The asking price is $999,900. This is an ideal opportunity for investors or owner-operators seeking a high-traffic location with an established business and significant expansion potential in a thriving commercial area of Springfield. The property's strategic location, coupled with the existing business and ample land, makes this a truly unique and compelling investment prospect. Serious inquiries only.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Total area 3,927 SF
Lot 0.38 ac (16,540 SF)
Zoning code B2
APN SPRI S:01655 P:0591
UPID US38-0274827
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
Current use
Occupant on record · Public records
  • Best Value Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$535k
Blend (final) Blend
$530k
Owner & transaction history
Gina G Daniele · 10 yrs held
Gina G Daniele
since 2016
5 recorded transactions
2016
$362,250
2011
$373,000
2011
Price N/A
1994
$270,000
1994
Price N/A
Zoning & alternative use
B2 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $640,000 +25.3%
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