181 Springfield St Agawam, MA 01001
This exceptional 4.3-acre parcel in Agawam, MA (01001), located at 181 Springfield St, presents a unique investment opportunity. Zoned for commercial use, this property offers significant potential for a variety of developments. Currently, four residential homes situated on the land are generating rental income. The property's strategic location near Sarat Ford/Lincoln ensures high visibility and accessibility. Potential uses include retail, office, storage, warehouse, or manufacturing, subject to buyer verification of zoning and permitted uses. The existing homes are available for viewing following the acceptance of a purchase offer. The property comprises four individual parcels. The sale price is $1,500,000. Please note that building size (187,308 sq ft) refers to the combined size of the existing homes and does not reflect potential buildable area. Buyers are responsible for conducting their own due diligence regarding zoning regulations and permitted land uses. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.