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Property profile & analytics
OFF-MARKET
Retail space
2911 Main St 2917 Springfield, MA 01107-1514
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-1712039
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1912
Total area
7,876 SF
Lot
0.43 ac (18,535 SF)
Zoning code
SB1C2
APN
SPRI S:08130 P:0410
UPID
US38-1712039
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
-
Puerto Rican Corner Check Cashing
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
Puerto Rico Realty LLC · 14 yrs held
Puerto Rico Realty LLC
since 2011
6 recorded transactions
Zoning & alternative use
SB1C2 · 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
$11,997
Tax year 2023
Assessed value
$329,600
Assessed 2023
Previous assessed
$329,600
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$101,700
Assessed improvement
$227,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1912
Heating
STEAM
Buildings
1
Stories
1
Rooms
14
Bathrooms
3
Total area
7,876 SF
Lot
0.43 ac (18,535 SF)
Zoning code
SB1C2
APN
SPRI S:08130 P:0410
UPID
US38-1712039
Jurisdiction
SPRINGFIELD
Zoning & alternative use
SB1C2 · Springfield, MA
Zoning SB1C2 · permitted uses
SB1C2 · 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.
Building & site characteristics
From public records
Year built
1912
Heating
STEAM
Stories
1
Buildings
1
Rooms
14
Bathrooms
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Puerto Rico Realty LLC
Entity
Mailing address
24 HARRIET ST, SPRINGFIELD, MA 01107-1822
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2011
$1
Puerto Rico Realty LLC
Rodriguez,aida L
Warranty Deed
—
Nov 17, 2011
—
Puerto Rico Realty LLC
—
Deed Of Trust
related
$164,000 · Hampden Savings Bank
Aug 30, 2001
$180,000
Aida L Rodriguez
Ramirez,joseph
Grant Deed
$125,000 · Mass Mutual Life Ins
Aug 30, 2001
—
Aida L Rodriguez
—
Deed Of Trust
related
$125,000 · Mass Mutual Life Ins
Nov 28, 1995
$100,000
Joseph Ramirez
Cabrera,edrickson
Grant Deed
—
Mar 14, 1989
—
Abel Cabrera
—
Deed Of Trust
related
$30,000 · Multibank National Western Ma
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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