Financial
Distress signals
Property profile

175 Progress Ave Springfield, MA 01104

OFF-MARKET
Other industrial properties
Property ID
US38-1528110
59,118 SF 3.88 ac lot Built 1976
Last sale Jan 2026 · $1,058,750
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A specialty property is located at 175 Progress Ave in Springfield, Massachusetts.

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.

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 · 2020

What does the county charge?
$55k
Tax billed · 2020
Assessed value · 2023$1.70M
Assessed land$323k
Assessed improvement$1.38M
Effective rate3.22%

Value estimate

· Sep 2026
$510k
$459k – $561k
AI approach$700k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$49/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$29 – $62

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?
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 agency35.4
Law Firm23.4
Dental Office22.7

Location

175 Progress Ave Springfield, MA 01104-3230
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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 Napier, Springfield, MA 01104-2414 $375,000 Sep 2023 14,526 SF
89 Guion, Springfield, MA 01104-3001 $2,495,370 Mar 2022 38,368 SF
99 Guion, Springfield, MA 01104-3001 $4,504,630 Mar 2022 147,965 SF
87 Avocado, Springfield, MA 01104-3303 $4,650,000 Dec 2021 69,280 SF
1125 Page, Springfield, MA 01104-1634 $2,575,000 Dec 2020 103,056 SF
357 Cottage, Springfield, MA 01104-3589 $540,000 Dec 2018 32,680 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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