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Property profile & analytics
FOR LEASE
Manufacturing properties
66 S Broad St Westfield, MA 01085
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0195518
For Lease
1 / 2
$7.25 SF/Yr
66 S Broad St, Westfield, MA 01085
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1948
Construction
FRAME
Total area
71,177 SF
Lot
4 ac (174,240 SF)
APN
WFLD M:19 L:16
UPID
US38-0195518
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.34M
Owner & transaction history
Ma Behavioral Health LLC · 1 yrs held
Ma Behavioral Health LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$19 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$34,560
Tax year 2024
Assessed value
$1,101,000
Assessed 2024
Previous assessed
$988,300
+11.4% YoY
Effective rate
3.14%
On assessed value
Assessed land
$218,400
Assessed improvement
$882,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
71,177 SF
Lot
4 ac (174,240 SF)
APN
WFLD M:19 L:16
UPID
US38-0195518
Jurisdiction
WESTFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
4 ac
Current owner
From public records · entity-resolved
Ma Behavioral Health LLC
Entity
Mailing address
1131 TOLLAND TPKE #260, MANCHESTER, CT 06042-1679
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Rosow Westfield LLC
—
Deed
related
$2,250,000 · Beacon Bank & Trust
Jan 6, 2026
—
Ma Behavioral Health LLC
—
Deed
related
$2,500,000 · Ma Medical Detox & Re
Dec 18, 2024
$1,125,000
Ma Behavioral Health LLC
Granada & Gemstar Inv Grp
Deed
$400,000 · Marigold Iris & Yarro
Nov 18, 2024
—
Granada & Gemstar Inv Grp
Governors Center Re LLC
Quitclaim Deed
related
—
Apr 12, 2022
—
Rosow Westfield LLC
—
Deed
related
$400,000 · Berkshire Bank
Aug 6, 2014
—
Rosow Westfield LLC
—
Grant Deed
related
$350,000 · Nuvo B&t Co
Dec 23, 2011
$528,100
Colasanto Westfield LLC
Apex INC
Grant Deed
—
Sep 30, 2008
—
Michael Lemelin
—
Deed Of Trust
related
$780,000 · Nuvo Bank & Trust Co
Sep 21, 2007
$950,000
Michael Lemelin
Wh LP
Grant Deed
$878,000 · Wachovia Bank NA
Sep 21, 2007
—
Michael Lemelin
—
Deed Of Trust
related
$780,000 · Nuvo Bank & Trust Co
Dec 30, 1997
—
Wh LP
—
Deed Of Trust
related
$600,000 · Peoples Bank Holyoke
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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