Financial
Distress signals
Property profile

483 Belmont Ave Springfield, MA 01108

OFF-MARKET
Retail space
Property ID
US38-1400608
12,030 SF 0.33 ac lot Built 1925
Last sale Jun 2018 · $260,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$429k
Assessed land$95k
Assessed improvement$335k
Effective rate3.64%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$40 – $112

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SB1B2
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.1
Realty agency14.8
Parking Facility12.4

Location

483 Belmont Ave Springfield, MA 01108
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Ft Pleasant, Springfield, MA 01108-1502 $299,900 Sep 2024 7,140 SF
163 White, Springfield, MA 01108-1360 $650,000 Jan 2024 9,390 SF
461 Sumner, Springfield, MA 01108-2320 $750,000 Nov 2023 11,520 SF
113 Vermont, Springfield, MA 01108-8149 $550,000 Mar 2023 9,507 SF
530 Sumner, Springfield, MA 01108-2458 $1,275,000 Jun 2019 12,588 SF
590 Sumner, Springfield, MA 01108-2459 $748,677 Dec 2018 7,488 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 483 Belmont Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message