$16,750,000
About this home
Tenants include LA Fitness, Pellegrini, Seeley, Ryan & Blakesley, P.C., and Professional Physical Therapy with an NOI of $949, 942, 000. Site of the original Basketball Hall of Fame. LA Fitness recently signed a 15-year renewal. Marque location with unmatched visibility. The property is situated in Springfield, MA, within the Pioneer Valley, directly across from and sharing parking with the Basketball Hall of Fame. The River's Landing Development spans along the Connecticut River to the West and I-91 to the East. Recognized as"the crossroads of New England, " the region is characterized by the intersection of Interstate 91 and I-90 (Massachusetts Turnpike) in West Springfield, connected by I-291 in Springfield. I-91 serves as a major highway running from Florida to the Canadian border, while I-90 links Boston to Albany. The daily traffic count on I-91 near the property is approximately 110, 000 cars.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $124,276
- Utilities
- $2,828
- Transportation
- $144
- Other (entertainment)
- $158
Quick facts
Neighborhood — 01105
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 13,123 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | -12.00% | 7.00% | 20.00% |
| Population Density | 8,386 | 786 | — |
| Male | 6,445 | 3,127,134 | 147,432,321 |
| Female | 6,678 | 3,317,797 | 151,655,844 |
| Never Married | 4,871 | 1,612,885 | 63,775,926 |
| Married | 1,962 | 2,586,314 | 123,120,365 |
| Separated | 1,324 | 247,857 | 12,639,686 |
| Widowed | 671 | 363,594 | 15,467,586 |
| Divorced | 1,267 | 436,888 | 23,075,029 |
| Number Of House Hold | 5,134 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.38 | 2.56 | 2.60 |
| Medial Age | 29.38 | 37.25 | 35.46 |
| Median House Hold Income | $20,157 | $57,698 | $48,276 |
| Average House Hold Income | $35,243 | $75,023 | $63,629 |
| P C I | $15,261 | $29,196 | $24,529 |
| M D I | $18,800 | $48,105 | $41,133 |
| A T H E | $34,974 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 81.14% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 1/23/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.