Property profile

1872 Boston Rd Wilbraham, MA 01095

FOR LEASE
Retail properties & Spaces
Property ID
US38-1699531
21,194 SF 1.97 ac lot Built 1958
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,194 SF
Lot 1.97 ac (85,830 SF)
Zoning code GB
APN WILB M:1150 B:14 L:316
UPID US38-1699531

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
  • Home Appliance Store
  • Home Appliance Store Hardware & Home Improvement

Location

1872 Boston Rd Wilbraham, MA 01095
Wilbraham metro Census 813601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.35M

Owner & transaction history

since 2023
Last sale
$1.6M
3 recorded transactions
2023
$1.6M
2015
$1.8M
1969
Price N/A

Zoning & alternative use

GB · Wilbraham, MA
Zoning description

The purpose of this district is to provide general commercial uses

General category COMMERCIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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