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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
33 Westfield St, West Springfield, MA 01089-2505
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-0039216
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,940 SF
Lot
0.69 ac (30,144 SF)
APN
WSPR M:00394 B:06100 L:00041
UPID
US38-0039216
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
-
WORKsTATION for hair Hair Salon
-
Visiting Angels - Senior Home Care Home Health Care Service Assisted Living Facility
-
Rachel at The Hair Revival Hair Salon
-
Hair by Nanci Salon Suite Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$670k
Owner & transaction history
Cdg Westfield Hldg LLC · 1 yrs held
Cdg Westfield Hldg LLC
since 2025
Last sale
$670,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+46.7%
Restaurant
$1.1M
+46.3%
Commercial (general)
$1.0M
+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
$655,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$730,000
Current use
RETAIL STORES
$1,070,000
Change: +47% · Conversion: Moderate
RESTAURANT
$1,065,000
Change: +46% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,020,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$995,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $670k (Jan 13 2020)
Last sale anchor
$670k
Jan 13 2020
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
$23,167
Tax year 2024
Assessed value
$777,400
Assessed 2024
Previous assessed
$729,300
+6.6% YoY
Effective rate
2.98%
On assessed value
Assessed land
$122,100
Assessed improvement
$655,300
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
7,940 SF
Lot
0.69 ac (30,144 SF)
APN
WSPR M:00394 B:06100 L:00041
UPID
US38-0039216
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
$730,000
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$995,000
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Cdg Westfield Hldg LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1 BITTERSWEET LN, GRANBY, MA 01033-9707
Ownership since
2025
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
Jun 30, 2025
$827,000
Cdg Westfield Hldg LLC
33 Westfield LLC
Warranty Deed
—
Jan 13, 2020
$670,000
33 Westfield LLC
United Bk Peoples
Warranty Deed
$536,000 · Florence Bk
Apr 12, 2002
$475,000
United Coop Bk
10 November INC
Grant Deed
related
—
Feb 11, 2000
—
Bordeaux Co
—
Deed Of Trust
related
$308,000 · Wylie C Hubbard
Aug 26, 1997
—
Bordeaux Co
—
Deed Of Trust
related
$150,000 · Wylie C Hubbard
May 26, 1992
—
Bordeaux Co
—
Deed Of Trust
related
$100,000 · Bank Of New England NA
Apr 30, 1992
—
Bordeaux Co
—
Deed Of Trust
related
$245,000 · Bank Of New England NA
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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