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Property summary
This fee-simple medical office building in Springfield, MA, presents a compelling investment opportunity. The property, located at 4 Plumtree Rd, 01118, encompasses 2,750 square feet on a 0.19-acre lot and was built in 1927. Currently 100% occupied by Veterinary Innovative Partners under a 10-year Absolute NNN lease (commencing March 9, 2022, and expiring March 9, 2032), offering a remaining lease term of approximately 7.3 years. The lease includes a corporate guarantee and annual rent bumps… of 2% during the option period. A single, five-year lease option is also included. The asking price is $240,000, representing a price per square foot of $87.27 and a 7.00% cap rate based on a Net Operating Income (NOI) of $16,800. This investment benefits from a strong tenant in a recession-resistant industry, with the veterinary services market experiencing consistent growth. The property offers zero landlord responsibilities, making it an attractive, low-maintenance investment. The location boasts a dense population of over 232,000 within a five-mile radius. This offering provides a bite-sized price point with below-market rents and extremely healthy unit-level operations.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,876 SF
- Lot area
- 0.19 ac
- Year built
- 1927
- Stories
- 1
- APN
- SPRI S:09800 P:0010
- Zoning
- B1
- Assessed value · 2023
- $292,700
- Annual tax · 2023
- $10,654
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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