Financial
Distress signals
Property profile

1628 Main St Springfield, MA 01103

FOR SALE
Retail space
Property ID
US38-1001266
29,600 SF 0.14 ac lot Built 1908
Last sale Oct 2023 · $758,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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 · 2023

What does the county charge?

$8k
Tax billed · 2023
Assessed value$228k
Assessed land$31k
Assessed improvement$197k
Effective rate3.64%
Value estimate · Sep 2026
$645k
$581k – $710k
AI approach$905k
Sales comparison$1.19M
NOI build-up
Gross scheduled income$710k
Vacancy & credit loss−$71k
Operating expenses−$240k
NOI · 50.08% cap applied$400k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$68/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$40 – $112
Cap rate analysis

How does the asset earn?

50.08%
$400k 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?

B3
JurisdictionSPRINGFIELD
Location intelligence

Which uses thrive at this corner?

Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store11.6
Grocery Store11.8
Bakery11.0

Location

1628 Main St Springfield, MA 01103
County assessor Recorded deeds · 6 transfers 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 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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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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