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Financial
Distress signals
Property profile

503 Memorial Ave West Springfield, MA 01089

OFF-MARKET
Grocery and convenience stores
Property ID
US38-0886647
65,760 SF 5.23 ac lot Built 1994
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

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

Debts

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 · 2024

What does the county charge?
$175k
Tax billed · 2024
Assessed value$5.87M
Assessed land$1.62M
Assessed improvement$4.26M
Effective rate2.98%

Value estimate

· Oct 2026
$7.51M
$6.75M – $8.26M
Submarket $/SF estimate$7.24M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$70 – $190

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWEST SPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.0
Dry Cleaner8.8
Tailor Shop8.7

Location

503 Memorial Ave West Springfield, MA 01089-4026
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
208 Ashley, West Springfield, MA 01089-1353 $4,300,000 Feb 2026 16,641 SF
1314 Un St, West Springfield, MA 01089-4025 $1,500,000 Dec 2023 22,800 SF
947 Main, West Springfield, MA 01089-3941 $2,875,662 Mar 2022 80,799 SF
151 Capital, West Springfield, MA 01089-1354 $3,200,000 Dec 2021 39,960 SF
26 Sears, West Springfield, MA 01089-3609 $3,040,000 Mar 2021 135,514 SF
100 Myron, West Springfield, MA 01089-1420 $425,000 Aug 2020 16,860 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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