Property profile

964 Riverdale St West Springfield, MA 01089

OFF-MARKET
Industrial properties
Property ID
US38-0738346
35,508 SF 5.95 ac lot Built 1936
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1936
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,508 SF
Lot 5.95 ac (259,030 SF)
APN WSPR M:00226 B:07250 L:000J1
UPID US38-0738346

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

964 Riverdale St West Springfield, MA 01089
West Springfield metro Census 812202 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.53M
Comparable Approach Comparable
$7.28M
Blend (final) Blend
$5.68M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Retail stores $4.8M +4.8%
Restaurant $4.8M +4.5%

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
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 964 Riverdale St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message