Property profile

1193 State St Springfield, MA 01109

OFF-MARKET
Car washes
Property ID
US38-2136654
1,300 SF 0.45 ac lot Built 2014
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 2014
Total area 1,300 SF
Lot 0.45 ac (19,676 SF)
Zoning code B1
APN SPRI S:11110 P:0416
UPID US38-2136654

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Wash

Location

1193 State St Springfield, MA 01109
Springfield metro Census 801700 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2023
Last sale
$345,000
6 recorded transactions
2023
$345,000
2013
Price N/A
2005
$120,000
2005
$30,000
2000
$32,000
2000
$25,000

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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