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Financial
Distress signals
Property profile

50 Maple St Springfield, MA 01103

FOR LEASE
Other commercial real estate
Property ID
US38-1690659
32,124 SF 1.64 ac lot Built 1973
Last sale Apr 2018 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 50 Maple St, Springfield, MA, provides medical and professional office space configured with a flexible, open floor plan that can be customized, and includes multiple circulation options with two stairwells and two elevators serving the second and third floors. A receptionist area is located at the main entrance, and the office areas include substantial window coverage for daylight and interior views. Up to approximately 15,000 square feet is described as available within the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$78k
Tax billed · 2020
Assessed value · 2023$1.97M
Assessed land$374k
Assessed improvement$1.60M
Effective rate3.96%

Value estimate

· Oct 2026
$3.62M
$3.25M – $3.98M
Submarket $/SF estimate$2.96M
NOI build-up
Gross scheduled income$324k
Vacancy & credit loss−$49k
Operating expenses−$69k
NOI · 1,475,357.14% cap applied$207k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$42 – $143
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,475,357.14%
$207k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.5
Tailor Shop9.2
Bakery8.4

Location

50 Maple St Springfield, MA 01103
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1795 Main St, Springfield, MA 01103-1015 $65,000 Apr 2025 1,655 SF
140 Chestnut St, Springfield, MA 01103-1549 $100,000 Jul 2024 8,536 SF
459 Dwight, Springfield, MA 01103-1311 $595,000 Oct 2021 3,494 SF
181 State, Springfield, MA 01103-1734 $930,000 Mar 2021 36,120 SF
1070 Main, Springfield, MA 01103-2137 $600,000 Jun 2020 7,526 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
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