New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Specialty properties
380 Plainfield St, Springfield, MA 01107-1524
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-0580417
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1995
Total area
22,536 SF
Lot
1.78 ac (77,537 SF)
Zoning code
B1
APN
SPRI S:09775 P:0090
UPID
US38-0580417
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
-
Baystate Brightwood Health Center Medical Clinic
-
Katherine S. Gerstle, MD Pediatrician Physician
-
Tatiana V Bendioukova, MD Pediatrician Medical Clinic
-
Somaira Rafiq-Yasin, DO Pediatrician Physician
-
Baystate Brightwood Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.70M
Owner & transaction history
Baystate Medical Ctr INC · 5 yrs held
Baystate Medical Ctr INC
since 2020
Last sale
$40,000
5 recorded transactions
Zoning & alternative use
B1 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+23.6%
Commercial (general)
$1.8M
+13.7%
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$1,565,000
Current use
RESTAURANT
$1,935,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,780,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$1,530,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $40k (Nov 20 2020)
Last sale anchor
$40k
Nov 20 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
$75 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$135,414
Tax year 2022
Assessed value
$3,495,400
Assessed 2023
Previous assessed
$3,495,400
+0.0% YoY
Effective rate
3.87%
On assessed value
Assessed land
$530,900
Assessed improvement
$2,964,500
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
5
Bathrooms
1
Total area
22,536 SF
Lot
1.78 ac (77,537 SF)
Zoning code
B1
APN
SPRI S:09775 P:0090
UPID
US38-0580417
Jurisdiction
SPRINGFIELD
Zoning & alternative use
B1 · Springfield, MA
Zoning B1 · permitted uses
B1 · 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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$1.6M
RESTAURANT
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
1995
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
5
Bathrooms
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Baystate Medical Ctr INC
Entity
Free & Clear · 5 yrs held
Mailing address
759 CHESTNUT ST, SPRINGFIELD, MA 01199-1001
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2020
$1,407,500
Baystate Medical Ctr INC
Centro De Salude Medico
Quit Claim Deed
—
Aug 1, 2003
—
Centro De Salude Medico
—
Deed Of Trust
related
$2,640,000 · Chicopee Savings Bank
Oct 30, 2000
—
Centro De Salude Medco
—
Deed Of Trust
related
$2,480,000 · Chicopee Savings Bank
May 10, 1995
—
Centro Desalude Medico
—
Deed Of Trust
related
$2,362,000 · Bankboston Development Co LLC
Mar 24, 1995
$40,000
Centro Desalude Medico
Brightwood 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.
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 380 Plainfield St?
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.
