Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,975,000
Day care centers
126 Industrial Dr East Longmeadow, MA 01028-3102
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1538849
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1987
Construction
STEEL FRAME
Total area
28,480 SF
Lot
4.96 ac (215,926 SF)
Zoning code
INDG
APN
ELON M:0009 B:0003 L:0018
UPID
US38-1538849
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
-
Raine Fine Art School Vocational School
-
Roots Gymnastics Center - East Longmeadow Gym & Fitness Center Sports Field & Court
-
Roots Athletic Center - East Longmeadow Gym & Fitness Center Sports Field & Court
-
Roots Learning Center Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.98M
Owner & transaction history
Roots East Longmeadow LLC · 5 yrs held
Roots East Longmeadow LLC
since 2020
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
INDG · East Longmeadow, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+50.8%
Commercial (general)
$2.9M
+45.5%
Office building
$2.8M
+41.9%
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 East Longmeadow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Longmeadow 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
$2,930,000
ML approach
$3,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,005,000
Current use
RESTAURANT
$3,025,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,920,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$2,845,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,755,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$2,045,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.98M
Range $2.68M – $3.27M · ±10% · vs last sale $3.00M (Dec 21 2020)
Last sale anchor
$3.00M
Dec 21 2020
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
$104 / 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
$59,513
Tax year 2024
Assessed value
$3,210,000
Assessed 2024
Previous assessed
$3,210,000
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$321,300
Assessed improvement
$2,888,700
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
9
Total area
28,480 SF
Lot
4.96 ac (215,926 SF)
Zoning code
INDG
APN
ELON M:0009 B:0003 L:0018
UPID
US38-1538849
Jurisdiction
EAST LONGMEADOW
Zoning & alternative use
INDG · East Longmeadow, MA
Zoning INDG · permitted uses
INDG · East Longmeadow, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Longmeadow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.0M
RESTAURANT
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$2.0M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
9
Lot
4.96 ac
Current owner
From public records · entity-resolved
Roots East Longmeadow LLC
Entity
Mailing address
199 SERVISTAR INDUSTRIAL WAY #2, WESTFIELD, MA 01085-5603
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
$3,000,000
Roots East Longmeadow LLC
Industrail Dr Assoc LLC
Quit Claim Arm's Length For Ne States
$2,400,000 · Westfield Bank Fsb
Jan 17, 2018
—
Industrial Drive Assoc
—
Deed
related
$325,000 · Berkshire Bank
Mar 6, 2013
$1,025,000
Industrial Dr Assoc LLC
Wb Real Estate Hldngs LLC
Grant Deed
$3,485,000 · Hampden Savings Bank
May 3, 2011
$1
Re Hodings LLC
Michael JR Realty LLC
Grant Deed
—
May 5, 2009
$1
Michael JR Realty LLC
Morehardt,margery J
Grant Deed
—
Aug 1, 2002
—
Margery J Morehardt
—
Deed Of Trust
related
$975,000 · Westfield Bank Fsb
Oct 26, 1999
—
Margery J Morehardt
—
Deed Of Trust
related
$250,000 · Economic Stabilizatio
Dec 2, 1998
—
Margery J Morehardt
—
Deed Of Trust
related
$1,250,000 · First Natl Bk New Eng
Aug 5, 1996
—
Margery J Morehardt
—
Deed Of Trust
related
$167,000 · Bankboston Development Co LLC
Dec 21, 1993
—
Margery J Morehardt
—
Deed Of Trust
related
$520,000 · Ma Business Development Corp
Nov 5, 1987
—
Robert C Morehardt
—
Deed Of Trust
related
$480,000 · Bank Of New Eng, West
Apr 30, 1987
—
Robert C Morehardt JR.
—
Deed Of Trust
related
$1,100,000 · Bank Of New Eng, West
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
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 126 Industrial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
