Financial
Distress signals
Property profile

305 State St Springfield, MA 01105

OFF-MARKET
Investment properties
Property ID
US38-1101043
16,786 SF 0.5 ac lot Built 1890
Last sale Apr 2021 · $174,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$15k
Tax billed · 2020
Assessed value · 2023$468k
Assessed land$154k
Assessed improvement$314k
Effective rate3.23%

Value estimate

· Sep 2026
$180k
$162k – $198k
AI approach$190k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$25 – $108
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.3
Furniture Store9.0
Tailor Shop9.0

Location

305 State St Springfield, MA 01105-1320
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
175-179 Walnut, Springfield, MA 01105 $34,628 Feb 2025 7,371 SF
447-451 State, Springfield, MA 01105-1321 $615,000 Apr 2024 9,495 SF
758 Main, Springfield, MA 01105-2429 $500,000 Sep 2022 12,531 SF
557 Worthington, Springfield, MA 01105-1707 $350,000 Jul 2021 20,604 SF
60-62 High, Springfield, MA 01105 $290,000 Jul 2021 7,612 SF
13-15 Wilcox, Springfield, MA 01105 $280,000 Aug 2019 7,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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