Property profile

355 Berkshire Ave Springfield, MA 01109

OFF-MARKET
Specialty properties
Property ID
US38-1032706
14,640 SF 1.03 ac lot Built 1973
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1973
Total area 14,640 SF
Lot 1.03 ac (44,810 SF)
Zoning code B1
APN SPRI S:01340 P:0473
UPID US38-1032706

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center Sports School
  • Gym & Fitness Center Sports School

Location

355 Berkshire Ave Springfield, MA 01109-1002
Springfield metro Census 801502 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$566k
Blend (final) Blend
$695k

Owner & transaction history

since 2022
Last sale
$725,000
4 recorded transactions
2022
$725,000
2020
$585,000
2013
Price N/A
1989
Price N/A

Zoning & alternative use

B1 · Springfield, MA
Top alternative use upside
Commercial (general) $1.2M +13.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 355 Berkshire Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message