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Property profile

1272 Memorial Ave West Springfield, MA 01089

OFF-MARKET
Turn key restaurants
Property ID
US38-0250232
View Sample
5,765 SF 0.37 ac lot Built 1937
Individually Owned 16-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1937
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,765 SF
Lot 0.37 ac (16,074 SF)
APN WSPR M:00371 B:16750 L:00008
UPID US38-0250232

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
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2010
7 recorded transactions
2010
$230,000
2008
$522,000
2008
Price N/A
2007
Price N/A
2004
Price N/A
2002
$350,000
2002
Price N/A

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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