New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,055,000
Manufacturing properties
35 Tpke Industrial Rd, Westfield, MA 01085-1646
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0706116
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1971
Construction
STEEL FRAME
Total area
71,241 SF
Lot
3.1 ac (135,036 SF)
APN
WFLD M:49-R L:30
UPID
US38-0706116
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.15M
CAP Approach
CAP
$5.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.06M
Owner & transaction history
Cadence Schorr LLC · 4 yrs held
Cadence Schorr LLC
since 2021
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.6M
+139.1%
Auto repair, garage
$8.9M
+123.0%
Retail stores
$7.2M
+81.2%
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 Westfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westfield 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
$6,010,000
ML approach
$6,150,000
CAP Approach
CAP Return
Estimation
6%
$6,340,000
6.5%
$5,855,000
7%
$5,435,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,000,000
Current use
RESTAURANT
$9,560,000
Change: +139% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,915,000
Change: +123% · Conversion: Easy
RETAIL STORES
$7,245,000
Change: +81% · Conversion: Moderate
OFFICE BUILDING
$6,535,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,960,000
Change: +49% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,640,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$6.06M
Range $5.45M – $6.66M · ±10% · vs last sale $6.14M (Sep 14 2021)
Last sale anchor
$6.14M
Sep 14 2021
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
$85 / 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
$69,303
Tax year 2024
Assessed value
$2,207,800
Assessed 2024
Previous assessed
$2,063,200
+7.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$153,900
Assessed improvement
$2,053,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
71,241 SF
Lot
3.1 ac (135,036 SF)
APN
WFLD M:49-R L:30
UPID
US38-0706116
Jurisdiction
WESTFIELD
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
RESTAURANT
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$8.9M
RETAIL STORES
Est. value
$7.2M
OFFICE BUILDING
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.0M
WAREHOUSE, STORAGE
Est. value
$3.6M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Cadence Schorr LLC
Entity
Mailing address
14 STEUBEN LN, JACKSON, NJ 08527-2043
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2021
—
Cadence Schorr LLC
—
Deed
related
$4,250,000 · Centreville Bank
Sep 14, 2021
$6,135,000
Cadence Schorr LLC
G&i 9 Cadence LLC
Quit Claim Arm's Length For Ne States
—
Oct 1, 2018
—
G & L 9 Cadence LLC
—
Deed
related
$96,000,000 · Bank Of America
Sep 5, 2017
$5,100,000
G & I 9 Cadence LLC
Canam Po LP
Quit Claim Deed
—
Aug 10, 2011
$3,067,990
Canam Po LP
Nl Ventures V Westfield
Grant Deed
—
Jun 26, 2007
—
Nl Ventures V Wfld LLC
—
Deed Of Trust
related
$1,875,000 · Lic Of The Southwest
Mar 9, 2007
$2,400,000
Nl Ventures V Wfld LLC
Tell Tool INC
Grant Deed
—
Apr 27, 2006
$1
Tell Tool Acquisition INC
Tell RT
Grant Deed
—
Apr 27, 2006
—
Tell Tool INC
—
Deed Of Trust
related
$13,850,000 · Lasalle Business LLC
—
—
G & L 9 Cadence LLC
—
Deed Of Trust
related
$96,000,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 35 Tpke Industrial Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
