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Property profile & analytics
OFF-MARKET
Estimated value
$12,670,000
Specialty properties
3300 Main St, Springfield, MA 01199-1002
Individually Owned
32-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0474771
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1998
Total area
106,660 SF
Lot
3.37 ac (146,797 SF)
Zoning code
I2
APN
SPRI S:08130 P:0850
UPID
US38-0474771
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
-
Dr. Neil R. Kudler, MD Physician
-
James G. Gebhardt, MD Physician
-
Dr. Gerda S. Maissel, MD Physician Medical Clinic
-
Dr. Anna E. Tsirka, MD Pediatrician Medical Clinic
-
Dredge David C MD Pediatrician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.85M
Blend (final)
Blend
$12.67M
Owner & transaction history
Baystate Medical Ctr · 32 yrs held
Baystate Medical Ctr
since 1993
1 recorded transaction
Zoning & alternative use
I2 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.3M
+134.0%
Auto repair, garage
$13.8M
+86.8%
Restaurant
$9.2M
+23.6%
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
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
$17,325,000
Change: +134% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,830,000
Change: +87% · Conversion: Difficult
RESTAURANT
$9,150,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,420,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$12.67M
Range $11.40M – $13.94M · ±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
$119 / 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
Assessed value
$17,407,200
Assessed 2024
Previous assessed
$17,407,200
+0.0% YoY
Assessed land
$1,098,200
Assessed improvement
$16,309,000
Comparables
3 recent transactions · within 1.5 miComparable in this city
3 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
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Buildings
1
Stories
4
Rooms
15
Bathrooms
3
Total area
106,660 SF
Lot
3.37 ac (146,797 SF)
Zoning code
I2
APN
SPRI S:08130 P:0850
UPID
US38-0474771
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
OFFICE BUILDING
Est. value
$17.3M
AUTO REPAIR, GARAGE
Est. value
$13.8M
RESTAURANT
Est. value
$9.2M
COMMERCIAL (GENERAL)
Est. value
$8.4M
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
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
1998
Heating
FORCED AIR
Stories
4
Buildings
1
Rooms
15
Bathrooms
3
Lot
3.37 ac
Current owner
From public records · entity-resolved
Baystate Medical Ctr
Individual
Free & Clear · 32 yrs held
Mailing address
759 CHESTNUT ST, SPRINGFIELD, MA 01199-1001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1993
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 1993
$1,955,000
Baystate Medical Ctr
Walter St Dev Corp
Grant Deed
—
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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