Property profile

NS Pearl Street Springfield, MA 01105

OFF-MARKET
Commercial land
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Property summary

AI-generated overview

The property is a 0.21-acre commercial land parcel in Springfield, Massachusetts, located just off Dwight Street with access to the Springfield central business district and nearby major highways (I-291, I-91, and I-90). The site is approximately 9,147 square feet and is currently configured as a parking lot, providing continued parking use or potential for redevelopment into other commercial uses. It is situated within walking distance of at least one daycare center, approximately a 5-minute walk.

Property profile

Verified
Property type Commercial land

Cap rate & NOI

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

Location

NS Pearl Street Springfield, MA 01105
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$200k

Owner & transaction history

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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