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    Property profile & analytics

    1312 Memorial Ave West Springfield, MA 01089-3538

    • Office buildings
    • 2,007 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US38-0901319
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Northwestern Mutual / Financial Planner / Financial Consultant
    • Interstate Realty Group / Real Estate Agency
    • David Robert Bonomi, CLU®, ChFC®, CAP® / Financial Consultant

    Property Details for 1312 Memorial Ave

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    2,007 SF
    Property type
    Office buildings
    APN
    WSPR M:00371 B:16800 L:00008
    APU
    WSPRM00371B16800L00008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $370,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $380,000
      Mixed-Use
      $405,000
      Hospitality
      $460,000
      Educational
      $460,000
      Residential Income
      $365,000
      Energy
      $455,000
      Income-Based Land
      $410,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6195
    Latitude
    42.0932
    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
    $8,940
    $133,900
    $166,100
    $300,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15,352 SF

      30 Capital Dr

      OFFICE BUILDING • 15,352 SF
      30 Capital Dr, West Springfield, MA 01089-1350
      View Details
    • Value Estimation
      $2,465,000
      13,550 SF

      76 Capital Dr, Unit 82

      OFFICE BUILDING • 13,550 SF
      76 Capital Dr, West Springfield, MA 01089-1331
      View Details
    • Value Estimation by Request
      8,400 SF

      85 Interstate Dr

      OFFICE BUILDING • 8,400 SF
      85 Interstate Dr, West Springfield, MA 01089-4531
      View Details
    • Value Estimation
      $420,000
      10,032 SF

      51 Park Ave

      OFFICE BUILDING • 10,032 SF
      51 Park Ave, West Springfield, MA 01089-3386
      View Details
    • Value Estimation
      $75,000
      6,816 SF

      373 Park St

      OFFICE BUILDING • 6,816 SF
      373 Park St, West Springfield, MA 01089-3304
      View Details
    • Value Estimation
      $235,000
      1,057 SF

      251 Riv St

      OFFICE BUILDING • 1,057 SF
      251 Riv St, West Springfield, MA 01089-3665
      View Details

    Similar Nearby for Sale

    • $3,000,000
      17,424 SF

      West Springfield Executive Office Building

      17,424 SF office building with 105 parking spaces.
      150 Capital Dr, West Springfield, MA 01089
      View Details
    • $850,000
      8,217 SF

      West Springfield Office Building For Sale

      Office building with on-site parking and highway access.
      71 Park Ave, West Springfield, MA 01089
      View Details
    • $2,100,000

      West Springfield Office Investment Opportunity

      Prime commercial real estate package with leaseback in downtown.
      217-241 Park Ave, West Springfield, MA 01089
      View Details
    • $899,900

      Classic Brick Office Building

      Well-maintained office building with excellent rental history and convenient location.
      1233 Westfield St, West Springfield, MA 01089
      View Details
    • $319,900

      West Springfield Commercial Investment Opportunity

      Well-maintained commercial property with three established units and parking.
      62 Westfield St, West Springfield, MA 01089
      View Details
    • $2,450,000
      23,554 SF

      West Springfield Mixed-Use Complex

      Prime location, KeyBank leaseback, high potential.
      225 Park Ave, West Springfield, MA 01089
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      5,884 SF

      Freestanding Office Building For Rent

      Single tenant office/retail building with high visibility available for lease.
      229 Park St, W Springfield, MA 01089
      View Details
    • $9 SF/Yr

      Freestanding Office Building For Rent

      Freestanding office building with high visibility in West Springfield.
      229 Park Ave, West Springfield, MA 01089
      View Details
    • $12 SF/Yr
      15,744 SF

      West Springfield Flex Space Available

      Versatile flex space, ideal for multiple tenants.
      136-150 Doty Cir, West Springfield, MA 01089
      View Details
    • $18 SF/Yr
      3,125 SF

      West Springfield Office Space Available

      3,125 SF office space for lease in West Springfield.
      25-53 Capital Dr, West Springfield, MA 01089
      View Details
    • $400 /Mo

      West Springfield Office Space Available

      Private office in West Springfield's Central Business District for rent.
      10 Central St, West Springfield, MA 01089
      View Details
    • $650 /Mo

      Two Connecting Office Rooms

      Two connecting office rooms available for rent, utilities included.
      51 Park Ave, West Springfield, MA 01089
      View Details
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    1312 Memorial Ave
    West Springfield, MA 01089-3538
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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