278-280 MainSpringfield, MA 01151
- Turn key restaurants
- 4,822 SF
Off market
$1,690,270 Estimated
Property Details for 278-280 Main
- Year built
- 1951
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 4,822 SF
- Zone code
- SR3B1
- Property type
- Turn key restaurants
- APN
- SPRI S:08132 P:0068
- APU
- SPRIS08132P0068
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,171,914
- 6.5%
- $1,081,767
- 7%
- $1,004,498
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,587,707
- Geo Method
- $1,587,707
-
Alternative Use
- Use
- Valuation
- Residential
- $912,511
- Hospitality
- $835,855
- Educational
- $695,422
- Medical
- $719,338
- Retail
- $1,081,767
278-280 Main, Springfield, Massachusetts
Location Insight
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.1594
- Longitude
- -72.4967
- 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
$7,713
$44,200
$167,700
$211,900
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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