1250 Saint James AveSpringfield, MA 01104

  • Sports & entertainment properties
  • 62,476 SF
For Sale

Property Details for 1250 Saint James Ave

Year built
1999
Lot size
11.28 AC
Property size (Sq ft)
62,476 SF
Zone code
S
Property type
Sports & entertainment properties
Property subtype
Other sports & entertainment properties
APN
SPRI S:11170 P:0182
APU
SPRIS11170P0182

Description

This exceptional 77,864 square foot executive office building, located at 1250 Saint James Avenue in Springfield, Massachusetts, presents a significant investment opportunity. Situated on a substantial 9.5-acre lot, the property boasts ample space and visibility. The building offers a clear height of 23 feet 10 inches, providing versatile options for office layouts and potential future expansion. Its prime location in Hampden County, with easy access to major transportation routes, ensures convenient commuting for employees and clients. The property's size and features make it ideal for a variety of businesses seeking a prominent presence in the Springfield market. A key advantage is the availability of pylon signage, offering excellent branding opportunities. The building provides full access, ensuring efficient operations and convenient access for all occupants. This is a rare opportunity to acquire a substantial, well-located executive office building in a thriving market. The property is being offered for sale and is ready for immediate occupancy. The expansive lot size also allows for significant future development potential. This is a truly remarkable opportunity for a discerning buyer.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,822,903
    Hospitality
    $10,829,715
    Educational
    $9,010,196
    Medical
    $9,320,071
    Retail
    $14,015,861
1250 Saint James Ave, Springfield, Massachusetts

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.1406
Longitude
-72.576
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$122,042
$1,940,200
$1,412,600
$3,352,800
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FAQs

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