Property profile

1055 Main St 1063 Springfield, MA 01103

OFF-MARKET
Specialty properties
Property ID
US38-1477229
29,264 SF 0.17 ac lot Built 1903
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1903
Total area 29,264 SF
Lot 0.17 ac (7,349 SF)
Zoning code B3
APN SPRI S:08130 P:0579
UPID US38-1477229

Cap rate & NOI

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

Location

1055 Main St, Unit 1063 Springfield, MA 01103-2114
Springfield metro Census 801102 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$2.05M

Owner & transaction history

since 2007
6 recorded transactions
2020
Price N/A
2012
Price N/A
2007
$137,813
2005
Price N/A
2000
Price N/A
1969
Price N/A

Zoning & alternative use

B3 · Springfield, MA
Top alternative use upside
Restaurant $2.5M +23.6%
Commercial (general) $2.3M +13.7%

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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