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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Individual retail properties
149 Ashley Ave, West Springfield, MA 01089
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1881037
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
33,873 SF
Lot
2.27 ac (98,881 SF)
APN
WSPR M:00120 B:22950 L:0080A
UPID
US38-1881037
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
West Springfield Clb P · 10 yrs held
West Springfield Clb P
since 2015
7 recorded transactions
Zoning & alternative use
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 West Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
Method
Estimation
Statistic approach
by Request
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
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
$20 / 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
$37,950
Tax year 2024
Assessed value
$1,273,500
Assessed 2024
Previous assessed
$1,251,600
+1.7% YoY
Effective rate
2.98%
On assessed value
Assessed land
$400,500
Assessed improvement
$873,000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
33,873 SF
Lot
2.27 ac (98,881 SF)
APN
WSPR M:00120 B:22950 L:0080A
UPID
US38-1881037
Jurisdiction
WEST SPRINGFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
West Springfield Clb P
Individual
Mailing address
622 HEBRON AVE STE 200A, GLASTONBURY, CT 06033-5003
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2015
$1,372,740
West Springfield Clb P
Mpt Of Springfield LLC
Warranty Deed
$8,160,000 · Webster Bank
Apr 25, 2008
$4,025,000
Mpw-mpt Of Springfield
Hcp INC
Grant Deed
—
Dec 10, 2002
$3,299,400
Health Care Prop INC
Newington Hldgs LLC
Grant Deed
—
May 22, 1998
$3,510,625
Newington Holdings LLC
West Sprgfld Club Prop
Grant Deed
related
$13,350,000 · Worth Funding INC
Feb 27, 1997
—
West Springfield Club
—
Deed Of Trust
related
$8,500,000 · Key Bank NA
Feb 29, 1996
—
Sprgfld Club Prop West
—
Deed Of Trust
related
$1,625,000 · Fleet National Bank
Jul 14, 1992
—
Spfd Club Prop West
—
Deed Of Trust
related
$43,000 · Fleet National Bank
Jul 30, 1990
—
West Springfield Club
—
Deed Of Trust
related
$449,500 · Zuckerman Family Nomi
Jul 6, 1987
$850,000
Spri Club Prop West
Discenza,michael
Grant Deed
$1,100,000 · Us Trust Co
Jan 28, 1987
$11,000
Michael L Discenza
Salvon,robert
Grant Deed
—
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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