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Property profile & analytics
OFF-MARKET
Medical Office Space
1268 Sumner Ave, Springfield, MA 01118-1770
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0258035
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
7,616 SF
Lot
0.16 ac (7,109 SF)
Zoning code
B1
APN
SPRI S:11280 P:0227
UPID
US38-0258035
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
-
Haeberle Karen C Physician Medical Clinic
-
Miller Heidi M PhD Physician Medical Clinic
-
Network Freight Lines Trucking Company
-
Robins Eyecare - Springfield Optometric Associates Physician
-
Eye Glass Co Ophthalmologist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jsec Holdings LLC · 9 yrs held
Jsec Holdings LLC
since 2016
7 recorded transactions
Zoning & alternative use
B1 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$31,038
Tax year 2023
Assessed value
$852,700
Assessed 2023
Previous assessed
$852,700
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$82,700
Assessed improvement
$770,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
5
Bathrooms
1
Total area
7,616 SF
Lot
0.16 ac (7,109 SF)
Zoning code
B1
APN
SPRI S:11280 P:0227
UPID
US38-0258035
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.
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
5
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Jsec Holdings LLC
Entity
Mailing address
1268 SUMNER AVE, SPRINGFIELD, MA 01118-1770
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
Jsec Holdings LLC
—
Deed
related
$1,080,000 · Peoplesbank (holyoke Ma)
Sep 14, 2016
$1,200,000
Jsec Holdings LLC
Magnolia Enterprises L
Quit Claim Arm's Length For Ne States
$1,190,000 · United Community Bank
Sep 14, 2016
—
Magnolia Ents LLC
Fleisher,george A & Elaine F
Quit Claim Deed
related
—
Aug 3, 2016
—
George A Fleisher
Magnolia Ents LLC
Quit Claim Deed
related
—
Sep 13, 2011
—
Magnolia Ent LLC
—
Deed Of Trust
related
$85,000 · Monson Savings Bank
Apr 6, 2010
—
Magnolia Enterprises LLC
—
Deed Of Trust
related
$720,000 · Monson Savings Bank
Jul 10, 2007
—
Magnolia Enterprises LLC
—
Deed Of Trust
related
$60,000 · George A Fleisher
May 12, 2004
$737,500
Magnolia Enterprises LLC
Jd RT
Grant Deed
$560,000 · Monson Savings Bank
May 12, 2004
—
Magnolia Enterprises LLC
—
Deed Of Trust
related
$15,000 · Monson Savings Bank
Oct 9, 1996
—
RT Jd
—
Deed Of Trust
related
$430,000 · Wylie C Hubbard
Jun 26, 1987
$100,000
J D RT
F J Maloney INC
Grant Deed
$500,000 · Community Savings Bank
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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