Financial
Distress signals
Property profile

500 Armory St 508 Springfield, MA 01104

OFF-MARKET
Retail space
Property ID
US38-1115852
10,155 SF 0.28 ac lot Built 1988
Last sale Feb 2024 · $410,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$394k
Assessed land$62k
Assessed improvement$333k
Effective rate3.64%

Value estimate

· Sep 2026
$410k
$369k – $451k
AI approach$410k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$40 – $112
Qualifying comparables3

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?
B1
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.7
Realty agency14.2
Building Supply11.8

Location

500 Armory St, Unit 508 Springfield, MA 01104-1900
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
217 Liberty, Springfield, MA 01104-3733 $170,000 Oct 2024 12,150 SF
405 Armory, Springfield, MA 01104-2305 $1,200,000 Apr 2023 8,910 SF
1365 Liberty, Springfield, MA 01104-1170 $28,571,429 Sep 2022 7,350 SF
752 Page, Springfield, MA 01104 $1,387,000 Jul 2022 9,600 SF
136 Nursery, Springfield, MA 01104-2325 $800,000 Jan 2021 8,308 SF
309 Ee, Springfield, MA 01104-2259 $500,000 Jan 2019 9,000 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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