Property profile

199 Servistar Industrial Way 1 Westfield, MA 01085

OFF-MARKET
Industrial properties
Property ID
US38-0160301
10,000 SF Built 2006
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2006
Total area 10,000 SF
APN WFLD M:56-R L:30 U:2-A
UPID US38-0160301

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
  • Plumbing Service Building Supply
  • Structural Engineer

Location

199 Servistar Industrial Way, Unit 1 Westfield, MA 01085-5603
Westfield metro Census 812800 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
$820k
Comparable Approach Comparable
$843k
Blend (final) Blend
$395k

Owner & transaction history

since 2018
5 recorded transactions
2018
$530,000
2011
$425,000
2010
$375,000
2007
$1
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.0M +81.2%
Office building $915,000 +63.4%
Commercial (general) $835,000 +49.1%

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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