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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Specialty properties
25 Ml St, Springfield, MA 01108-1018
Individually Owned
3-yr Hold
Free & Clear
Property ID
US38-0207497
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1919
Total area
10,921 SF
Lot
0.26 ac (11,286 SF)
Zoning code
I2
APN
SPRI S:08675 P:0174
UPID
US38-0207497
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
-
Willey Sliwa Darlene Social Service Agency
-
New England Funeral & Cremation Center Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Milestone Funeral Svcs Of · 3 yrs held
Milestone Funeral Svcs Of
since 2023
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
I2 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+110.9%
Office building
$1.1M
+95.0%
Auto repair, garage
$1.0M
+84.9%
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
Method
Estimation
Statistic approach
$895,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,165,000
Change: +111% · Conversion: Difficult
OFFICE BUILDING
$1,075,000
Change: +95% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,020,000
Change: +85% · Conversion: Difficult
COMMERCIAL (GENERAL)
$670,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $1.05M (Apr 11 2023)
Last sale anchor
$1.05M
Apr 11 2023
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
$89 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,286
Tax year 2023
Assessed value
$365,000
Assessed 2023
Previous assessed
$365,000
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$64,200
Assessed improvement
$300,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1919
Heating
FORCED AIR
Buildings
1
Stories
2
Rooms
7
Bathrooms
1
Total area
10,921 SF
Lot
0.26 ac (11,286 SF)
Zoning code
I2
APN
SPRI S:08675 P:0174
UPID
US38-0207497
Jurisdiction
SPRINGFIELD
Zoning & alternative use
I2 · Springfield, MA
Zoning I2 · permitted uses
I2 · Springfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$670,000
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1919
Heating
FORCED AIR
Stories
2
Buildings
1
Rooms
7
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Milestone Funeral Svcs Of
Individual
Free & Clear · 3 yrs held
Mailing address
25 ML ST, SPRINGFIELD, MA 01108-1018
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
—
Milestone Funeral Svcs Of
—
Deed
related
$9,127,000 · The Bancorp Bank
Apr 11, 2023
$1,050,000
Milestone Funeral Svcs Of
Mill Street Station LLC
Quit Claim Arm's Length For Ne States
—
Nov 2, 2010
$500,000
Darlene Willey-sliwa
Gardner RT
Grant Deed
$475,000 · John Bonavita
Jan 14, 1999
—
Gardner RT
—
Deed Of Trust
related
$200,000 · Bank Of Western Massachusetts
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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