Property profile

990 Bay St 996 Springfield, MA 01109

OFF-MARKET
Manufacturing properties
Property ID
US38-0407973
11,752 SF 0.51 ac lot Built 1955
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1955
Total area 11,752 SF
Lot 0.51 ac (22,224 SF)
Zoning code B2
APN SPRI S:01085 P:0117
UPID US38-0407973

Cap rate & NOI

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

Location

990 Bay St, Unit 996 Springfield, MA 01109-2426
Springfield metro Census 801401 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
4 recorded transactions
2025
$545,000
2006
Price N/A
1996
Price N/A
1989
Price N/A

Zoning & alternative use

B2 · 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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