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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Office buildings
30 Capital Dr, West Springfield, MA 01089-1350
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1412730
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
STEEL FRAME
Total area
15,352 SF
Lot
1.38 ac (60,113 SF)
APN
WSPR M:00177 B:01165 L:0078A
UPID
US38-1412730
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
-
Aztec Office Techonology People Big Box & Wholesale Store
-
Baystate Home Health - West Springfield Home Health Care Service
-
Jean Jaoude, MD Pediatrician Physician
-
Katherine Anne Scott, CNP Physician
-
Kristine K Wailgum, CNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.30M
Owner & transaction history
73 State Street LLC · 11 yrs held
73 State Street LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+46.7%
Restaurant
$2.1M
+46.3%
Commercial (general)
$2.0M
+40.0%
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,410,000
Current use
RETAIL STORES
$2,065,000
Change: +47% · Conversion: Moderate
RESTAURANT
$2,060,000
Change: +46% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,970,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,920,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$84 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$66,612
Tax year 2024
Assessed value
$2,235,300
Assessed 2024
Previous assessed
$2,028,100
+10.2% YoY
Effective rate
2.98%
On assessed value
Assessed land
$243,500
Assessed improvement
$1,991,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
15,352 SF
Lot
1.38 ac (60,113 SF)
APN
WSPR M:00177 B:01165 L:0078A
UPID
US38-1412730
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
RETAIL STORES
Est. value
$2.1M
RESTAURANT
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING Current
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
73 State Street LLC
Entity
Mailing address
181 PARK AVE STE #1, WEST SPRINGFIELD, MA 01089-3365
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2015
$1,575,000
73 State Street LLC
30 Capital Associates LP
Quit Claim Deed
—
May 8, 2000
—
30 Capital Assocs LP
—
Deed Of Trust
related
$75,000 · Pnc Bank
May 20, 1996
—
30 Capital Assoc LP
—
Deed Of Trust
related
$950,000 · Zions First National Bank
Dec 26, 1991
$1,200,000
30 Capital Assoc LP
Amherst Svgs Rlty Corp
Grant Deed
related
$960,000 · Heritage/nis Bkforsvg
Sep 24, 1991
$1,125,000
Bk Svgs Heritage
Pagella,carl R
Grant Deed
related
—
Mar 21, 1989
—
Carl R Pagella
—
Deed Of Trust
related
$350,000 · Heritage/nis Bkforsvg
Mar 16, 1987
—
Carl R Pagella
—
Deed Of Trust
related
$775,000 · Community Savings Bank
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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