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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Retail properties & Spaces
401 Dickinson St 411 Springfield, MA 01108-1885
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-1035838
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1923
Total area
21,192 SF
Lot
0.35 ac (15,412 SF)
Zoning code
B1
APN
SPRI S:03910 P:0458
UPID
US38-1035838
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
-
Smoke-Stock & Chimney Cleaning Management, ZNNQ Building Supply Hardware & Home Improvement
-
Sea Quality Insurance Inc Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$800k
Owner & transaction history
Muayyad Realty LLC · 7 yrs held
Muayyad Realty LLC
since 2019
5 recorded transactions
Zoning & alternative use
B1 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10%
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
$38 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,123
Tax year 2023
Assessed value
$772,600
Assessed 2023
Previous assessed
$772,600
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$148,700
Assessed improvement
$623,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1923
Heating
STEAM
Buildings
1
Stories
1
Rooms
15
Bathrooms
4
Total area
21,192 SF
Lot
0.35 ac (15,412 SF)
Zoning code
B1
APN
SPRI S:03910 P:0458
UPID
US38-1035838
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.
Building & site characteristics
From public records
Year built
1923
Heating
STEAM
Stories
1
Buildings
1
Rooms
15
Bathrooms
4
Lot
0.35 ac
Current owner
From public records · entity-resolved
Muayyad Realty LLC
Entity
Free & Clear · 7 yrs held
Mailing address
579 DWIGHT ST, HOLYOKE, MA 01040-5101
Ownership since
2019
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
Jun 6, 2019
$1,275,000
Muayyad Realty LLC
Chapin Corner LLC
Warranty Deed
—
May 6, 2013
—
Chapin Corner LLC
—
Deed Of Trust
related
$520,000 · Freedom Cu
Jun 9, 2004
$1
Chapin Corner LLC
Sarno,carlo
Grant Deed
related
—
Jun 9, 2004
—
Carlo A Sarno
—
Deed Of Trust
related
$728,000 · Bank Of Western Massachusetts
Sep 28, 2001
$400,000
James Santaniello
Michelman,leonard S
Grant Deed
$300,000 · Zwi Kohorn
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.
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