Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,665,000
Industrial properties
203 Circuit Ave West Springfield, MA 01089-4030
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US38-1495386
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1917
Construction
FRAME
Total area
261,061 SF
Lot
9.27 ac (403,688 SF)
APN
WSPR M:00192 B:16300 L:00003
UPID
US38-1495386
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
Current use
Occupant on record · Public records
-
Magic Carpet Cleaning Carpet Cleaning Service
-
Home & Hearth Remodeling Construction Company
-
RDM Freight Consultants, Inc. Trucking Company
-
adams quality painting Painting
-
MrWalls Drywall & Painting Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.18M
Blend (final)
Blend
$4.67M
Owner & transaction history
U Nameit Self Storage LLC · 15 yrs held
U Nameit Self Storage LLC
since 2011
7 recorded transactions
Zoning & alternative use
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 West Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.67M
Range $4.20M – $5.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
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 2020Property tax & assessments
Tax year 2020
Tax billed
$33,770
Tax year 2020
Assessed value
$1,206,000
Assessed 2024
Previous assessed
$1,157,700
+4.2% YoY
Effective rate
2.80%
On assessed value
Assessed land
$261,300
Assessed improvement
$944,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1917
Construction
FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Units
5
Total area
261,061 SF
Lot
9.27 ac (403,688 SF)
APN
WSPR M:00192 B:16300 L:00003
UPID
US38-1495386
Jurisdiction
WEST SPRINGFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1917
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Units
5
Lot
9.27 ac
Current owner
From public records · entity-resolved
U Nameit Self Storage LLC
Entity
Mailing address
203 CIRCUIT AVE, WEST SPRINGFIELD, MA 01089-4030
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2017
—
U Name It Self Storage
—
Deed
related
$400,000 · Southbridge Cu
Sep 9, 2013
—
Name It Self Storage U
—
Deed Of Trust
related
$700,000 · Southbridge Cu
May 11, 2012
—
U-name-it-self Storage
—
Deed Of Trust
related
$349,000 · Us Small Business Admn
Apr 12, 2011
$1
U Nameit Self Storage LLC
Kushner,robert
Grant Deed
—
Aug 12, 2010
—
Robert Kushner
—
Deed Of Trust
related
$10,000 · Oconnell Plumb&mackin
Aug 5, 2010
—
Robert Kushner
—
Deed Of Trust
related
$176,000 · Constance Ryder
Jun 20, 2007
—
Robert Kushner
—
Deed Of Trust
related
$150,000 · Jav Family LP
Mar 10, 2006
$690,000
Robert Kushner
Standex Inatl Corp
Grant Deed
$455,000 · Standex Inatl Corp
—
—
U-name-it Self Storage
—
Deed Of Trust
related
$1,600,000 · Southbridge Cu
—
—
U Name It Self Storage
—
Deed Of Trust
related
$400,000 · Southbridge Cu
—
—
U Name It Self Storage
—
Deed Of Trust
related
$100,000 · Southbridge Cu
—
—
U Name It Self Storage
—
Deed Of Trust
related
$600,000 · Southbridge Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 203 Circuit Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
