85-87 Carando Drive | 85-87 Carando Dr
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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
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 | - | - | - |
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PROPERTY TAXES
Parcel Number | SPRI-002347-000000-000036 | Total Assessment | $855,500 |
Land Assessment | $136,700 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $718,800 | Tax Year | 2024 Payable 2024 |
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) |
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85-87 Carando Drive | 85-87 Carando Dr
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