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Property profile & analytics
FOR LEASE
Industrial properties
11 Interstate Dr West Springfield, MA 01089
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0503723
For Lease
1 / 2
$9 SF/Yr
11 Interstate Dr, West Springfield, MA 01089
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Construction
STEEL FRAME
Total area
141,117 SF
Lot
12.5 ac (544,500 SF)
APN
WSPR M:00324 B:04505 L:000IP
UPID
US38-0503723
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ASMG Corporate Headquarters Corporate Office
-
Region Commercial Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
Klondike Inv Group INC · 3 yrs held
Klondike Inv Group INC
since 2023
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Springfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,355,000
ML approach
$1,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10% · vs last sale $1.61M (Jun 30 2023)
Last sale anchor
$1.61M
Jun 30 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$11 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$150,642
Tax year 2024
Assessed value
$5,055,100
Assessed 2024
Previous assessed
$5,055,100
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$2,205,200
Assessed improvement
$2,849,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
1
Total area
141,117 SF
Lot
12.5 ac (544,500 SF)
APN
WSPR M:00324 B:04505 L:000IP
UPID
US38-0503723
Jurisdiction
WEST SPRINGFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
1
Lot
12.5 ac
Current owner
From public records · entity-resolved
Klondike Inv Group INC
Entity
Mailing address
1441 MAIN ST STE #125, SPRINGFIELD, MA 01103-1447
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2024
—
Klondike Inv Group INC
—
Deed
related
$1,400,000 · Peoplesbank (holyoke Ma)
Jun 30, 2023
—
Klondike Inv Group INC
West Springfield Town Of
Redemption Deed
related
$2,300,000 · Peoplesbank (holyoke Ma)
Oct 24, 2018
$1,610,000
Klondike Inv Group
Wells Fargo Bk NA
Quit Claim Deed
—
Jun 2, 2006
$12,078,571
Portfolio Re Wspr
Scp Green Springfield LLC
Grant Deed
$86,680,000 · Cib
Mar 2, 2005
$40,470
Scp Green Springfield LLC
Klondike Inv Grp INC
Grant Deed
$7,100,000 · Merrill Lynch Mortgage Corp
Apr 15, 2003
—
Klondike Inv Grp
—
Deed Of Trust
related
$4,300,000 · Banknorth NA
Aug 11, 1999
—
Klondike Inv Grp INC
—
Deed Of Trust
related
$4,900,000 · Peoples Bank Holyoke
Jul 2, 1999
$6,900,000
Klondike Inv Grp INC
K&m Electronics INC
Grant Deed
$4,500,000 · Springfield Inst Svgs
Jun 13, 1997
$138,900
Pearson One Interstate
K&m Electronics INC
Grant Deed
—
Nov 24, 1995
—
K&m Electronic INC
—
Deed Of Trust
related
$722,022,000 · Montreal Trust Co
Feb 6, 1989
—
K&m Electronics INC
—
Deed Of Trust
related
$8,500,000 · Shawmut First Bk & Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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