Technical
Financial
Distress signals
Property profile

370 Albany St Springfield, MA 01105

OFF-MARKET
Commercial real estate
Property ID
US38-0168431
8,100 SF 1.82 ac lot Built 1948
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Total area 8,100 SF
Lot 1.82 ac (79,279 SF)
Zoning code I2
APN SPRI S:00160 P:0076
UPID US38-0168431

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
  • Auto Repair Shop

Location

370 Albany St Springfield, MA 01105-1017
Springfield metro Census 801300 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$871k
Blend (final) Blend
$915k

Owner & transaction history

since 2010
2 recorded transactions
2016
Price N/A
2010
$562,500

Zoning & alternative use

I2 · Springfield, MA
Top alternative use upside
Office building $1.3M +121.3%
Auto repair, garage $1.1M +76.7%
Restaurant $695,000 +16.9%

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
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