Property profile

501 Southampton Rd Westfield, MA 01085

FOR LEASE
Commercial real estate
Property ID
US38-1183101
9,660 SF 3.42 ac lot Built 2011
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2011
Construction STEEL FRAME
Total area 9,660 SF
Lot 3.42 ac (148,975 SF)
APN WFLD M:57-R L:8
UPID US38-1183101

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Ophthalmologist
  • Ophthalmologist
  • (Bike/Boat/Book/etc) Store Printing Service

Location

501 Southampton Rd Westfield, MA 01085
Westfield metro Census 812500 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2023
Last sale
$340,000
5 recorded transactions
2023
Price N/A
2012
Price N/A
2012
$1
2009
Price N/A
1996
$340,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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