Property profile

12-16 Park St Springfield, MA 01103

OFF-MARKET
Specialty properties
Property ID
US38-0473413
16,176 SF 0.12 ac lot Built 1906
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1906
Total area 16,176 SF
Lot 0.12 ac (5,153 SF)
Zoning code B3
APN SPRI S:09497 P:0004
UPID US38-0473413

Cap rate & NOI

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

Location

12-16 Park St Springfield, MA 01103
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
$1.06M
Blend (final) Blend
$1.14M

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2020
Price N/A
2012
Price N/A
1969
Price N/A

Zoning & alternative use

B3 · Springfield, MA
Top alternative use upside
Restaurant $1.4M +23.6%
Commercial (general) $1.3M +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12-16 Park St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message