Property profile

386 Main St Springfield, MA 01151

OFF-MARKET
Turn key restaurants
Property ID
US38-1568387
4,246 SF 1.02 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Total area 4,246 SF
Lot 1.02 ac (44,562 SF)
Zoning code SB2I2
APN SPRI S:08130 P:0035
UPID US38-1568387

Cap rate & NOI

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

Location

386 Main St Springfield, MA 01151
Springfield metro Census 800102 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
$786k
Blend (final) Blend
$750k

Owner & transaction history

Zoning & alternative use

SB2I2 · Springfield, MA
Top alternative use upside
Office building $690,000 +89.3%
Auto repair, garage $550,000 +51.1%

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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