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Financial
Distress signals
Property profile

160 Rocus St Springfield, MA 01104

FOR LEASE
Auto shops
Property ID
US38-0434845
7,920 SF 5.21 ac lot Built 1965
Last sale Nov 2023 · $1,075,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a combined warehouse/garage and office facility totaling 7,920 SF, including 6,420 SF of warehouse/garage space and 1,500 SF of office area. The warehouse features a clear height of approximately 15 to 16 feet and is served by five drive-in doors designed for receiving and distribution, with four doors measuring 14’ x 14’ and one door measuring 14’ x 12’. Outdoor storage includes approximately 17,000 SF of yard space to support equipment or staging needs beyond the enclosed…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$30k
Tax billed · 2024
Assessed value$842k
Assessed land$431k
Assessed improvement$411k
Effective rate3.54%

Value estimate

· Oct 2026
$915k
$824k – $1.01M
AI approach$1.00M
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$109k
Vacancy & credit loss−$6k
Operating expenses−$31k
NOI · 516,421.43% cap applied$72k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$130/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$64 – $195

Cap rate analysis

How does the asset earn?
516,421.43%
$72k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I2
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.9
Law Firm12.5
Hair Salon12.1

Location

160 Rocus St Springfield, MA 01104
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 13 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
359 Page, Springfield, MA 01104-3029 $265,000 Jan 2022 288 SF
734 Page, Springfield, MA 01104-3009 $200,000 Jul 2019 3,172 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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