Technical
Financial
Distress signals
Property profile

590 Sumner Ave Springfield, MA 01108

OFF-MARKET
Banks
Property ID
US38-0550637
7,488 SF 0.48 ac lot Built 1960
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1960
Total area 7,488 SF
Lot 0.48 ac (21,000 SF)
Zoning code B1
APN SPRI S:11280 P:0111
UPID US38-0550637

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
  • Atm
  • Bank Loan Service
  • Grocery & Convenience Store

Location

590 Sumner Ave Springfield, MA 01108-2459
Springfield metro Census 802300 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2018
2 recorded transactions
2018
$748,677
2000
$689,805

Zoning & alternative use

B1 · Springfield, MA

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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