Technical
Financial
Distress signals
Property profile

494 Westfield Rd 518 Holyoke, MA 01040

OFF-MARKET
Super regional malls
Property ID
US38-0658090
18,874 SF 1.5 ac lot Built 1973
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1973
Construction STEEL FRAME
Total area 18,874 SF
Lot 1.5 ac (65,340 SF)
Zoning code BL
APN HOLY M:0162 B:0000 L:14
UPID US38-0658090

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store

Location

494 Westfield Rd, Unit 518 Holyoke, MA 01040-1633
Holyoke metro Census 812101 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2008
4 recorded transactions
2008
Price N/A
2003
Price N/A
2000
Price N/A
1997
Price N/A

Zoning & alternative use

BL · Holyoke, MA
Zoning description

BL 10,000 Same as that of nearest residential district 75 100 30 30 15 30 2 26 35 BC - - - 80 - - - - - - - BG 10,000 Same as that of nearest residential district. 100 100 20 25 10 20 2 35 50 BH 10,000 - 100 100 30 25 10…

General category COMMERCIAL

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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