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Financial
Distress signals
Property profile

1623 Main St Springfield, MA 01103

OFF-MARKET
Investment properties
Property ID
US38-0826591
125,510 SF 0.96 ac lot Built 1904
Last sale Jul 2014 · $9,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$9.86M
Assessed land$464k
Assessed improvement$9.40M

Value estimate

· Oct 2026
$20.49M
$18.44M – $22.53M
CAP approach$26.07M
Submarket $/SF estimate$14.83M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$42 – $143

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B3
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.0
Dry Cleaner9.9
Locksmith8.5

Location

1623 Main St Springfield, MA 01103-1865
County assessor Recorded deeds · 5 transfers 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
250 Worthington, Springfield, MA 01103-2302 $155,000 Jul 2023 22,794 SF
405 Dwight, Springfield, MA 01103-1309 $2,300,000 Mar 2023 79,147 SF
181 Chestnut, Springfield, MA 01103-1345 $200,000 Feb 2023 11,628 SF
45 Willow, Springfield, MA 01103-1910 $42,600,000 Nov 2022 24,835 SF
232-236 Worthington, Springfield, MA 01103 $800,000 Jun 2019 11,080 SF
115 Dwight, Springfield, MA 01103-1721 $12,000,000 Dec 2018 84,420 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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