Technical
Financial
Distress signals
Property profile

187 Main St Springfield, MA 01105

OFF-MARKET
Banks
Property ID
US38-0728061
3,196 SF 0.3 ac lot Built 1959
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1959
Total area 3,196 SF
Lot 0.3 ac (13,199 SF)
Zoning code B1
APN SPRI S:08132 P:0275
UPID US38-0728061

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Arcade & Gaming Center Electronics & Wireless Store

Location

187 Main St Springfield, MA 01105
Springfield metro Census 801901 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2023
Last sale
$460,000
5 recorded transactions
2023
$460,000
2011
Price N/A
1999
Price N/A
1997
Price N/A
1991
Price N/A

Zoning & alternative use

B1 · Springfield, MA

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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