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Financial
Distress signals
Property profile

1043 Sumner Ave Springfield, MA 01118

OFF-MARKET
Other investment properties
Property ID
US38-1858489
5,940 SF 0.11 ac lot Built 1930
Last sale Dec 2017 · $123,795
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This fully renovated historic firehouse is located in East Forest Park and is configured as a mixed-use building with one residential unit on the upper level and one commercial unit on the ground level. The interior design includes high ceilings and large windows that provide substantial natural light. The building also has a basement of approximately 2,000 square feet used for storage and mechanical space, and the layout supports multiple potential uses or configuration adjustments for the ground-floor commercial space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$324k
Assessed land$48k
Assessed improvement$275k

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$42 – $143
Qualifying comparables11

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?
OS
To provide for the active and passive recreational needs of the City and the protection of its bountiful natural resources.
General categoryOPEN_SPACE
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 Firm19.1
Cafe & Coffee Shop10.9
Tailor Shop10.4

Location

1043 Sumner Ave Springfield, MA 01118-2149
County assessor Recorded deeds · 2 transfers 11 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

1 recorded sale · 9 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
390 Allen, Springfield, MA 01118-2010 $250,000 Dec 2023 3,114 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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