Financial
Distress signals
Property profile

406 N Main St East Longmeadow, MA 01028

FOR LEASE
Commercial real estate
View Listing
Property ID
US38-0879889
27,200 SF 13.22 ac lot Built 1974
Last sale May 2023 · $27,348,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Heritage Park Plaza, located at 406 North Main Street in East Longmeadow, Massachusetts (zip code 01028), offers exceptional retail opportunities. This 117,337 square foot neighborhood shopping center boasts a strong tenant mix, anchored by a Stop & Shop supermarket that has been a fixture since 1995 and holds the #1 market share in New England. The property, situated on a 47.51-acre lot, benefits from its high-traffic location on North Main Street. The center's success is further evidenced

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$470k
Tax billed · 2024
Assessed value$25.35M
Assessed land$4.21M
Assessed improvement$21.14M
Effective rate1.85%

Value estimate

· Sep 2026
$800k
$720k – $880k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$87/SF
County average, outlier-cleaned · 433 recorded sales of this use type
Observed band · Q1–Q3$45 – $145

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MULT
JurisdictionEAST LONGMEADOW

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply36.9
Restaurant33.8
Wholesale Shop29.0

Location

406 N Main St East Longmeadow, MA 01028
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
302 Benton, East Longmeadow, MA 01028-3208 $217,812 Aug 2022 13,000 SF
14 Maple, East Longmeadow, MA 01028-2737 $300,000 Mar 2022 2,700 SF
182 Benton, East Longmeadow, MA 01028-2736 $4,500,000 Nov 2020 3,900 SF
147 Shaker, East Longmeadow, MA 01028-7000 $625,000 Dec 2019 11,120 SF
48 Maple, East Longmeadow, MA 01028-2735 $460,000 Dec 2019 5,350 SF
10 Pleasant, East Longmeadow, MA 01028-2420 $325,000 Apr 2019 3,762 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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