New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Showrooms
151 Capital Dr, West Springfield, MA 01089-1354
Entity Owned
~
Est. High Equity
Property ID
US38-0248986
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Construction
STEEL FRAME
Total area
39,960 SF
Lot
3.82 ac (166,489 SF)
APN
WSPR M:00177 B:01205 L:0078A
UPID
US38-0248986
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
$2.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.18M
Owner & transaction history
151 Capital LLC
151 Capital LLC
since 2026
Last sale
$3.2M
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
$3,135,000
ML approach
$2,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,130,000
Current use
AUTO REPAIR, GARAGE
$5,000,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10% · vs last sale $3.20M (Dec 29 2021)
Last sale anchor
$3.20M
Dec 29 2021
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
$79 / 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
$91,853
Tax year 2024
Assessed value
$3,082,300
Assessed 2024
Previous assessed
$2,919,000
+5.6% YoY
Effective rate
2.98%
On assessed value
Assessed land
$496,200
Assessed improvement
$2,586,100
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
39,960 SF
Lot
3.82 ac (166,489 SF)
APN
WSPR M:00177 B:01205 L:0078A
UPID
US38-0248986
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
3.82 ac
Current owner
From public records · entity-resolved
151 Capital LLC
Entity
Mailing address
276 ADAMS ST, DORCHESTER, MA 02122-1310
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
$4,120,000
151 Capital LLC
151 Capital Drive LLC
Deed
$3,090,000 · Florence Bank
Mar 31, 2022
—
151 Capital Drive LLC
—
Deed
related
$2,400,000 · Rockland Trust Co
Dec 29, 2021
$3,200,000
151 Capital Drive LLC
Centuar Group LLC
Quit Claim Arm's Length For Ne States
—
Dec 21, 2018
—
Centuar Group LLC
—
Deed
related
$1,100,000 · Easthampton Savings Bank
Jul 11, 2016
—
Centuar Group LLC
—
Deed
related
$1,200,000 · United Bank
Aug 21, 2012
—
Centuar Group LLC
—
Deed Of Trust
related
$750,000 · Peoples Bank
Sep 30, 2009
$1,250,000
Centuar Group LLC
United States Postal Svc
Grant Deed
$1,000,000 · Greylock FCU
Oct 2, 1991
$1,720,000
Us Postal Service
Masco Properties
Grant Deed
—
Dec 23, 1987
—
Masco Properties
—
Deed Of Trust
related
$780,000 · 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 151 Capital 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.
