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Property profile & analytics
OFF-MARKET
Turn key restaurants
184-186 Main St, Springfield, MA 01151
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0193134
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Total area
5,156 SF
Lot
0.09 ac (3,903 SF)
Zoning code
B1
APN
SPRI S:08132 P:0044
UPID
US38-0193134
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Paradise 1971 Star Rlty L · 2 yrs held
Paradise 1971 Star Rlty L
since 2024
Last sale
$280,000
7 recorded transactions
Zoning & alternative use
B1 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,870
Tax year 2023
Assessed value
$216,200
Assessed 2023
Previous assessed
$216,200
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$35,500
Assessed improvement
$180,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Heating
ELECTRIC
Buildings
1
Stories
1
Rooms
15
Bathrooms
3
Total area
5,156 SF
Lot
0.09 ac (3,903 SF)
Zoning code
B1
APN
SPRI S:08132 P:0044
UPID
US38-0193134
Jurisdiction
SPRINGFIELD
Zoning & alternative use
B1 · Springfield, MA
Zoning B1 · permitted uses
B1 · 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.
Building & site characteristics
From public records
Year built
1900
Heating
ELECTRIC
Stories
1
Buildings
1
Rooms
15
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Paradise 1971 Star Rlty L
Individual
Mailing address
184 MAIN ST #186, SPRINGFIELD, MA 01151-1131
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
—
Paradise 1971 Star Rlty
—
Deed
related
$238,000 · Velocity Commercial Capital LLC
Apr 19, 2024
$280,000
Paradise 1971 Star Rlty L
Hanna Kucharczyk
Quit Claim Arm's Length For Ne States
$324,000 · Equity Based Cap LLC
Aug 2, 2012
—
Hanna Kucharczyk
—
Deed Of Trust
related
$87,000 · Bay Colony Dev Corp
Nov 30, 2011
$90,000
Hanna Kucharczyk
Cabot Realty LLC
Grant Deed
$117,500 · Nuvo Bank & Trust Co
Nov 30, 2011
—
Hanna Kucharczyk
—
Deed Of Trust
related
$82,250 · Nuvo Bank & Trust Co
Mar 14, 2011
$1
Chicopee Sb
Garfield,tina M
Grant Deed
—
Mar 14, 2011
$119,272
Cabot Realty LLC
Chicopee Sb
Grant Deed
—
Feb 9, 2011
$2,004
Springfield City Of
Teal,edsel
Grant Deed
—
Oct 22, 2009
$1
Alan C Teal
Teal,edsel
Grant Deed
related
—
Sep 7, 2005
—
Dorothy Teal
—
Deed Of Trust
related
$135,000 · Chicopee Savings Bank
Sep 4, 2003
—
Dorothy Teal
—
Deed Of Trust
related
$20,000 · Teal
Sep 4, 2003
$1
Dorothy Teal
Teal,debra
Grant Deed
related
—
Jul 23, 1999
$125,000
Edsel Teal
Jfg Prop Inv INC
Grant Deed
$120,000 · Hampden Savings Bank
Oct 3, 1996
—
Jfg Property Inv INC
—
Deed Of Trust
related
$100,000 · Joseph F Gulluni SR
Jun 24, 1993
$150,000
Jfg Property Inves
Scg INC
Grant Deed
$125,000 · Bank Of Western Massachusetts
Jun 24, 1992
—
Scg INC
—
Deed Of Trust
related
$100,000 · Bank Of Western Massachusetts
Apr 6, 1992
$25,000
Scg INC
Caracciola,aniello
Grant Deed
—
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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