This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

85-87 Carando Drive 85-87 Carando Dr

10,000 SF Vacant Flex Building Springfield, MA 01104 $1,300,000 ($130/SF)

Executive Summary

The property consists of a single parcel that contains 1.58 acres of Industrial A zoned land. The parcel is improved with two single story industrial buildings that in total contain approximately 12,720 square feet of gross building area (GBA) according to my physical measurements. The first building contains 8,720 square feet and is a steel frame structure that contains a combination of masonry block and metal panel walls with a pitched roof that contain standing seams metal panels. The building was constructed in 1986. The second building contains 4,000 square feet and is a pre-engineered steel frame structure that contains metal panel walls with a pitched roof that contains standing seam metal panels. The building was constructed in 1996. The site improvements include asphalt paved parking areas that provide on-site parking for approximately 40 vehicles. There are additional paved areas that allow for outside storage. The landscaping improvements include some plantings in front of the office portions of the buildings and a lawn area along the street frontage. The property also contains a Quonset hut that is utilized to store earth materials. The property is partially owner occupied and partially rented out to two tenants via short term leases. 85 Carando Drive, Spfld To be Sold VACANT for Owner - User- Investor. 4000sf Block and Steel Building w approx. 1500sf of Office/Kitchen space plus approx. 2500sf of Warehouse/Industrial space. Drive your fleet right inside the building. Call today for an appointment.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $1,300,000
Price Per SF $130
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 1.58 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 1986
Parking Ratio 4/1,000 SF
Clear Ceiling Height 20 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Property Manager on Site
  • Signage
  • Yard
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Legacy Sounds LLC
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Vacant on Purpose
  • -
  • 99,999 SF
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Legacy Sounds LLC Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Vacant on Purpose - 99,999 SF - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SPRI-002347-000000-000036
Land Assessment
$136,700
Improvements Assessment
$718,800
Total Assessment
$855,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024

zoning

Zoning Code I2 (Commercial/Industrial/Office/Retail)
I2 (Commercial/Industrial/Office/Retail)
  • Listing ID: 32925305

  • Date on Market: 8/22/2024

  • Last Updated:

  • Address: 85-87 Carando Dr, Springfield, MA 01104

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}