RiverdaleWest Springfield, MA 01089

  • Retail properties
  • 0.73 AC
Off market
$7,348,500 Estimated

Property Details for Riverdale

Lot size
0.73 AC
Property type
Retail properties
Property subtype
Parking lots & garages
APN
WSPR M:00226 B:05150 L:0070A
APU
WSPRM00226B05150L0070A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,764,966
    6.5%
    $7,167,660
    7%
    $6,655,684
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,519,959
    Geo Method
    $10,519,959
  • Alternative Use

    Use
    Valuation
    Residential
    $6,046,190
    Hospitality
    $5,538,277
    Educational
    $4,607,782
    Medical
    $4,766,250
    Retail
    $7,167,660
Riverdale, West Springfield, Massachusetts

Location Insight

City
West Springfield
County
Hampden
State
Massachusetts
Latitude
42.1164
Longitude
-72.6246
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,502
$226,500
$58,800
$285,300
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FAQs

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