Property profile

1146 State St 1152 Springfield, MA 01109

OFF-MARKET
Turn key restaurants
Property ID
US38-1231855
4,000 SF 0.14 ac lot Built 1910
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Total area 4,000 SF
Lot 0.14 ac (5,998 SF)
Zoning code B1
APN SPRI S:11110 P:0223
UPID US38-1231855

Cap rate & NOI

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

Location

1146 State St, Unit 1152 Springfield, MA 01109-2729
Springfield metro Census 801401 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2004
$130,000
2004
$75,000
2000
$87,300
1997
$65,000

Zoning & alternative use

B1 · Springfield, MA

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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