Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
939-943 Columbus Ave Springfield, MA 01105
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-1436010
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
5,469 SF
Lot
0.05 ac (2,021 SF)
Zoning code
B2
APN
SPRI S:04303 P:0550
UPID
US38-1436010
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
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$555k
Owner & transaction history
Wicked Deals LLC · 1 yrs held
Wicked Deals LLC
since 2025
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
B2 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$890,000
+121.3%
Auto repair, garage
$710,000
+76.7%
Restaurant
$470,000
+16.9%
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$590,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$400,000
Current use
OFFICE BUILDING
$890,000
Change: +121% · Conversion: Easy
AUTO REPAIR, GARAGE
$710,000
Change: +77% · Conversion: Difficult
RESTAURANT
$470,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$370,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $550k (Mar 6 2025)
Last sale anchor
$550k
Mar 6 2025
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
$101 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$645,800
Assessed 2023
Previous assessed
$645,800
+0.0% YoY
Assessed land
$511,400
Assessed improvement
$134,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
NONE
Buildings
1
Stories
2
Units
1
Rooms
15
Bathrooms
3
Total area
5,469 SF
Lot
0.05 ac (2,021 SF)
Zoning code
B2
APN
SPRI S:04303 P:0550
UPID
US38-1436010
Jurisdiction
SPRINGFIELD
Zoning & alternative use
B2 · Springfield, MAZoning B2 · permitted uses
B2 · Springfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$400,000
OFFICE BUILDING
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$710,000
RESTAURANT
Est. value
$470,000
RETAIL STORES
Est. value
$370,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
2
Buildings
1
Units
1
Rooms
15
Bathrooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Wicked Deals LLC
Entity
Free & Clear · 1 yrs held
Mailing address
939 E COLUMBUS AVE #943, SPRINGFIELD, MA 01105-2541
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
$300,000
Wicked Deals LLC
Wicked Deals LLC
Deed
related
—
Sep 8, 2023
$550,000
A Reyes Homes LLC
Wicked Deals LLC
Quit Claim Arm's Length For Ne States
$550,000 · Wicked Deals LLC
Mar 24, 2022
$500,000
Wicked Deals LLC
Jll Realty Developers LLC
Foreclosure
related
—
Jun 14, 2019
—
Jll Realty Developers LLC
—
Deed
related
$3,000,000 · Belvidere Cap LLC
Jun 26, 2018
—
Wendy Pearson
Springfield City Of
Redemption Deed
—
May 16, 2018
—
Jll Realty Developers LLC
—
Deed
related
$350,000 · Grand Coast Cap Fnd1
Jan 29, 2016
$10,000
Jll Realty Developers LLC
Pearson,wendy
Quit Claim Deed
—
Oct 8, 2014
—
Wendy Pearson
Sandon Rlty LLC
Quit Claim Deed
related
—
Jul 8, 1999
—
Sandon S Pearson
—
Deed Of Trust
related
$228,000 · Springfield Inst For Saving
Nov 17, 1998
$218,000
Sandon S Pearson
Paul,dean F
Grant Deed
$175,000 · Springfield Inst Svgs
Jun 8, 1989
$250,000
Dean F Paul
Springfield Rlty
Grant Deed
$125,000 · Shawmut First Bank & Trust Co
Jun 8, 1989
—
Dean F Paul
—
Deed Of Trust
related
$150,000 · Zuckerman Family Nomi
—
—
Jll Realty Developers LLC
—
Deed Of Trust
related
$3,000,000 · Belvidere Cap LLC
—
—
Jll Realty Developers LLC
—
Deed Of Trust
related
$350,000 · Grand Coast Cap Fnd1
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 939-943 Columbus Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
