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Property profile & analytics
OFF-MARKET
Estimated value
$4,755,000
Specialty properties
1780 Main St, Springfield, MA 01103-1000
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-1330259
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2020
Total area
34,581 SF
Lot
2.66 ac (116,066 SF)
Zoning code
SB2I2
APN
SPRI S:08130 P:0172
UPID
US38-1330259
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
Current use
Occupant on record · Public records
-
Common Capital Inc. Charitable Organization Social Service Agency
-
Way Finders Charitable Organization Social Service Agency
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.03M
Blend (final)
Blend
$4.76M
Owner & transaction history
1780 Hchq INC · 8 yrs held
1780 Hchq INC
since 2018
7 recorded transactions
Zoning & alternative use
SB2I2 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+86.8%
Restaurant
$3.0M
+23.6%
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,485,000
Change: +87% · Conversion: Difficult
RESTAURANT
$2,965,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$4.76M
Range $4.28M – $5.23M · ±10%
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
$138 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$71,835
Tax year 2018
Assessed value
$7,570,500
Assessed 2023
Previous assessed
$7,570,500
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,265,500
Assessed improvement
$6,305,000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
34,581 SF
Lot
2.66 ac (116,066 SF)
Zoning code
SB2I2
APN
SPRI S:08130 P:0172
UPID
US38-1330259
Jurisdiction
SPRINGFIELD
Zoning & alternative use
SB2I2 · Springfield, MA
Zoning SB2I2 · permitted uses
SB2I2 · Springfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$4.5M
RESTAURANT
Est. value
$3.0M
AUTO REPAIR, GARAGE
RESTAURANT
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
2020
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
2.66 ac
Current owner
From public records · entity-resolved
1780 Hchq INC
Entity
Mailing address
120 MAPLE ST, SPRINGFIELD, MA 01103-2203
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2018
—
1780 Hchq INC
—
Deed
related
$14,217,000 · Cocrf Subcde 79 LLC
Jul 23, 2018
—
1780 Hchq INC
—
Deed
related
$570,000 · Life Ins Cmnty Inv Inititative
Apr 30, 2018
$2,750,000
1780 Hchq INC
Park View N LLC
Quit Claim Deed
—
Apr 30, 2018
—
Park View S LLC
Park View N LLC
Quit Claim Deed
related
$2,680,000 · Property & Cslty Init
Jun 26, 1998
—
Park View N LLC
—
Deed Of Trust
related
$2,960,000 · Park West Bank
Dec 19, 1994
—
Peter L Picknelly
—
Deed Of Trust
related
$2,300,000 · Park West Bank
May 7, 1990
—
Peter Picknelly
—
Deed Of Trust
related
$2,000,000 · Shawmut First Bank & Trust Co
—
—
Way Finders INC
—
Deed Of Trust
related
$4,555,200 · Peoplesbank (holyoke Ma)
—
—
Way Finders INC
—
Deed Of Trust
related
$1,000,000 · Life Ins Cmnty Inv Inititative
—
—
1780 Hchq INC
—
Deed Of Trust
related
$570,000 · Life Ins Cmnty Inv Inititative
—
—
1780 Hchq INC
—
Deed Of Trust
related
$2,680,000 · Property & Cslty Init
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.
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