RowlandSpringfield, MA 01101

  • Showrooms
  • 7,250 SF
Off market
$14,777,730 Estimated

Property Details for Rowland

Year built
1987
Lot size
1.48 AC
Property size (Sq ft)
7,250 SF
Zone code
I2
Property type
Showrooms
APN
SPRI S:10420 P:0040
APU
SPRIS10420P0040

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,371,470
    6.5%
    $1,265,970
    7%
    $1,175,540
  • Comparable approach

    Method
    Valuation
    Relative Method
    $985,176
    Geo Method
    $985,176
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,468,770
    Mixed-Use / Specialty
    $1,261,460
    Hospitality / Lodging
    $925,491
    Office
    $1,253,960
    Institutional / Educational
    $1,311,410
    Residential Income
    $1,534,350
    Multifamily
    $1,840,210
    Automotive / Energy
    $1,124,060
    Parking / Income-Based Land
    $387,901
    Restaurant / Food Service
    $656,094
    Healthcare / Senior Housing
    $1,293,600

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.1204
Longitude
-72.6125
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
$14,931
$128,500
$281,700
$410,200
-
-
-
-

FAQs

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