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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
113 Vermont St Springfield, MA 01108-8149
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0511366
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
9,507 SF
Lot
0.32 ac (13,913 SF)
Zoning code
B1
APN
SPRI S:11845 P:0029
UPID
US38-0511366
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
-
Autobody Supplies & Paint Auto Parts Store
-
Soc Trang Restaurant Restaurant
-
Abdi’s Halal Market Grocery & Convenience Store Food Market
-
Greco Michael Restaurant
-
Convenient and Fast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$540k
Owner & transaction history
Sunflower Property INC · 3 yrs held
Sunflower Property INC
since 2023
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
B1 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$815,000
+26.2%
Commercial (general)
$675,000
+4.2%
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$470,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$645,000
Current use
RESTAURANT
$815,000
Change: +26% · Conversion: Easy
COMMERCIAL (GENERAL)
$675,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $550k (Mar 3 2023)
Last sale anchor
$550k
Mar 3 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
$57 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,129
Tax year 2023
Assessed value
$635,400
Assessed 2023
Previous assessed
$635,400
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$90,600
Assessed improvement
$544,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Buildings
1
Stories
2
Rooms
14
Bathrooms
2
Total area
9,507 SF
Lot
0.32 ac (13,913 SF)
Zoning code
B1
APN
SPRI S:11845 P:0029
UPID
US38-0511366
Jurisdiction
SPRINGFIELD
Zoning & alternative use
B1 · Springfield, MA
Zoning B1 · permitted uses
B1 · Springfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$645,000
RESTAURANT
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$675,000
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Stories
2
Buildings
1
Rooms
14
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Sunflower Property INC
Entity
Mailing address
113 VERMONT ST, SPRINGFIELD, MA 01108-8149
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$550,000
Sunflower Property INC
Stv Realty LLC
Quit Claim Arm's Length For Ne States
—
Dec 17, 2018
—
Stv Realtye LLC
Vo,son
Quit Claim Deed
related
—
Jul 24, 2015
—
Huan V Huynh
Truong,nhac
Quit Claim Deed
related
—
Jul 24, 2015
$335,000
Son Vo
Huynh,huan V
Quit Claim Deed
—
Apr 30, 2015
—
Nhac|huynh Huan V Truong
Truong Nhac
Quit Claim Deed
related
—
Mar 4, 2014
—
Nhac Truong
Le,tina
Quit Claim Deed
related
—
Nov 2, 2012
$215,000
Tina Le
Dao,khanh
Warranty Deed
—
Sep 15, 2005
$380,000
Khanh H Dao
Clement Paint&supplie INC
Grant Deed
$304,000 · Peoples Bank Holyoke
Jan 16, 2003
—
Paint Clement
—
Deed Of Trust
related
$105,000 · Wylie C Hubbard
Sep 29, 2000
—
Paint Clement
—
Deed Of Trust
related
$20,000 · Wylie C Hubbard
Aug 30, 1995
—
Paint Clement
—
Deed Of Trust
related
$60,000 · Wylie C Hubbard
Jan 31, 1992
—
Paint Clement
—
Deed Of Trust
related
$200,000 · Basf Corp Coatings
Jul 3, 1990
—
Clement Paint
—
Deed Of Trust
related
$249,903 · Worth Funding INC
Nov 30, 1989
—
Clement Paint
—
Deed Of Trust
related
$325,000 · Baybank Valley Trust
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.
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