A street-level retail storefront space located at 181 Chestnut Street, Unit 1C, within a larger commercial property in Springfield, Massachusetts. The space is configured for retail use and provides a street-facing presence suitable for businesses requiring a storefront location.

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$667k

Assessed land$44k

Assessed improvement$623k

Value estimate

· Oct 2026

$170k

$153k – $187k

AI approach$220k

Realmo valuation models over county records and 8 qualifying comparable sales.

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

Qualifying comparables8

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?

JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?

Best fit: Garden Center

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Garden Center11.5

Furniture Store11.0

Veterinary Clinic10.6

181 Chestnut St, Unit 187 Springfield, MA 01103-1345

County assessor Recorded deeds · 9 transfers 8 qualifying comp sales 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

Address Sale price Sold Size

45 Pearl, Springfield, MA 01103-1574 $20,432,267 Apr 2024 7,588 SF

250 Worthington, Springfield, MA 01103-2302 $155,000 Jul 2023 22,794 SF

9 Stockbridge, Springfield, MA 01103-2104 $180,000 Apr 2023 5,900 SF

405 Dwight, Springfield, MA 01103-1309 $2,300,000 Mar 2023 79,147 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

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

Value Estimation
$1,160,000

11,080 SF

232-236 Worthington St

OFFICE/RESIDENTIAL (MIXED USE)

232-236 Worthington St, Springfield, MA 01103

View Details
Value Estimation
$1,175,000

11,077 SF

272 Worthington St, Unit 278

OFFICE/RESIDENTIAL (MIXED USE)

272 Worthington St, Springfield, MA 01103-2302

View Details
Value Estimation
$615,000

10,076 SF

899 Main St

OFFICE/RESIDENTIAL (MIXED USE)

899 Main St, Springfield, MA 01103-2150

View Details
Value Estimation
$445,000

9,660 SF

1252 Main St

OFFICE/RESIDENTIAL (MIXED USE)

1252 Main St, Springfield, MA 01103-1944

View Details
Value Estimation by Request
7,588 SF

45 Pearl St

OFFICE/RESIDENTIAL (MIXED USE)

45 Pearl St, Springfield, MA 01103-1574

View Details
Value Estimation
$425,000

6,244 SF

11-13 Lyman St

OFFICE/RESIDENTIAL (MIXED USE)

11-13 Lyman St, Springfield, MA 01103

View Details

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Springfield Multi-Use Investment Portfolio

Two income-generating properties on high-traffic Bridge Street in Springfield, MA.

289-307 Bridge St, Springfield, MA 01103

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New

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Five-Story Mixed-Use Building

Professional office, retail, and restaurant space with a full basement in a downtown business district.

1380-1402 Main Street, Springfield, MA 01103

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$684,000

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Mixed-Use Investment Opportunity

Mixed-use property with storefronts and residential units for sale.

26-28 Parker St, Springfield, MA 01151

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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

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181 Chestnut St 187 Springfield, MA 01103

Property summary