450 CooleySpringfield, MA 01128

  • Retail space
  • 2,835 SF
Off market
$3,762,110 Estimated

Property Details for 450 Cooley

Year built
1979
Lot size
0.38 AC
Property size (Sq ft)
2,835 SF
Zone code
B1
Property type
Retail space
APN
SPRI S:03170 P:0094
APU
SPRIS03170P0094

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $536,291
    6.5%
    $495,038
    7%
    $459,678

  • Comparable approach

    Method
    Valuation
    Relative Method
    $385,238
    Geo Method
    $385,238

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $965,373
    Mixed-Use / Specialty
    $493,273
    Hospitality / Lodging
    $361,899
    Office
    $490,343
    Institutional / Educational
    $512,806
    Residential Income
    $599,982
    Multifamily
    $719,587
    Automotive / Energy
    $439,548
    Parking / Income-Based Land
    $151,683
    Restaurant / Food Service
    $256,555
    Healthcare / Senior Housing
    $505,843

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.0916
Longitude
-72.5003
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
2023
$29,499
$425,800
$384,600
$810,400
-
-
-
-

Comparable in this City

  • 296 Cooley

    RETAIL STORES (PERSONAL SERVICES) • 4,800 SF

    Estimated
    $6,672,530
    296 Cooley
    Springfield, MA
    View Details

  • 441 Cooley

    FINANCIAL BUILDING • 2,760 SF

    Estimated
    $2,395,450
    441 Cooley
    Springfield, MA
    View Details

  • 415 Cooley

    GROCERY, SUPERMARKET • 57,512 SF

    415 Cooley
    Springfield, MA
    View Details

  • 471 Cooley

    SERVICE STATION (FULL SERVICE) • 1,978 SF

    Estimated
    $3,098,790
    471 Cooley
    Springfield, MA
    View Details

  • 300 Cooley St

    Retail properties • 327,303 SF

    300 Cooley St
    Springfield, MA
    View Details

  • 400 Cooley

    RESTAURANT • 1,720 SF

    Estimated
    $4,909,120
    400 Cooley
    Springfield, MA
    View Details

Property Visit Statistics

  • Visits by month
    16.6k
  • Visitors by month
    9.4k
  • Avg Time on site
    6 min

FAQs

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Useful Information

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Cooley
Springfield, MA 01128

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Springfield, MA 01128

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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