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Property profile & analytics
OFF-MARKET
Assisted living facilities
215 Bicentennial Hwy Springfield, MA 01118-1962
Entity Owned
~
Est. High Equity
Property ID
US38-0700818
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1986
Total area
56,590 SF
Lot
3.37 ac (146,623 SF)
Zoning code
B1
APN
SPRI S:01412 P:0030
UPID
US38-0700818
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
-
Sixteen Acres Healthcare Center Nursing Home
-
Radius Ring Health Care Inc Home Health Care Service
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
Vantage Sprfield Rlty LLC
Vantage Sprfield Rlty LLC
since 2026
Last sale
$7.3M
6 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
$204,204
Tax year 2023
Assessed value
$5,610,000
Assessed 2023
Previous assessed
$5,610,000
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$1,873,800
Assessed improvement
$3,736,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Buildings
1
Stories
4
Rooms
6
Bathrooms
1
Total area
56,590 SF
Lot
3.37 ac (146,623 SF)
Zoning code
B1
APN
SPRI S:01412 P:0030
UPID
US38-0700818
Jurisdiction
SPRINGFIELD
Zoning & alternative use
B1 · Springfield, MAZoning B1 · permitted uses
B1 · Springfield, MA
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
1986
Heating
FORCED AIR
Stories
4
Buildings
1
Rooms
6
Bathrooms
1
Lot
3.37 ac
Current owner
From public records · entity-resolved
Vantage Sprfield Rlty LLC
Entity
Mailing address
5450 E HIGH ST STE #220, PHOENIX, AZ 85054-5477
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
$7,276,736
Vantage Sprfield Rlty LLC
Ccp Springfield Bus T
Deed
$46,400,000 · Bsp Odf II Fin LLC
Jan 25, 2007
$10,200,000
Springfield Bus T Nhp
G&l Ring Realty LLC
Grant Deed
—
Apr 9, 2002
$5,400,000
G&l Radius Rlty LLC
Ring Nursing & Rest Hm
Grant Deed
$5,482,400 · Gmac Mortgage Corp Pa
Mar 8, 1996
—
Nursing Ring
—
Deed Of Trust
related
$3,415,000 · Springfield Inst For Saving
Mar 12, 1987
$313,108
Nursing Ring
Pearson-cooley Dev
Grant Deed
—
Mar 12, 1987
—
Nursing Ring
—
Deed Of Trust
related
$2,000,000 · Shawmut First Bk & Tr
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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