WorthingtonSpringfield, MA 01101
- Industrial land
- 0.26 AC
Off market
$2,642,930 Estimated
Property Details for Worthington
- Lot size
- 0.26 AC
- Zone code
- I2
- Property type
- Industrial land
- APN
- SPRI S:12535 P:0271
- APU
- SPRIS12535P0271
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,238,980
- 6.5%
- $3,912,910
- 7%
- $3,633,420
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,402,260
- Geo Method
- $2,402,260
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $2,006,520
- Mixed-Use / Specialty
- $1,999,370
- Hospitality / Lodging
- $1,466,870
- Office
- $1,987,490
- Institutional / Educational
- $2,078,540
- Residential Income
- $2,431,890
- Multifamily
- $2,916,670
- Automotive / Energy
- $1,781,600
- Parking / Income-Based Land
- $614,809
- Restaurant / Food Service
- $1,039,890
- Healthcare / Senior Housing
- $2,050,310
Location Insight
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.1067
- Longitude
- -72.5888
- 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
$3,225
$76,000
$12,600
$88,600
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Comparable in this City
Similar Nearby for Sale
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