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    Property profile & analytics

    1371 Liberty St Springfield, MA 01104-1170

    • Turn key restaurants
    • 5,964 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 07, 2022
    $28,571,429
    Location Intelligence
    Property ID
    US38-1044266
    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

    • 99 Restaurants / New England Restaurant / Pub

    Property Details for 1371 Liberty St

    Year built
    1999
    Lot size
    1.39 lot acres
    Property size
    5,964 SF
    Zone code
    B1
    Property type
    Turn key restaurants
    APN
    SPRI S:07770 P:0396
    APU
    SPRIS07770P0396

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5807
    Latitude
    42.1396
    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
    $52,340
    $371,900
    $1,066,000
    $1,437,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,870 SF

      660 Liberty St

      RESTAURANT • 3,870 SF
      660 Liberty St, Springfield, MA 01104-2420
      View Details
    • Value Estimation
      $345,000
      1,968 SF

      1287 Page Blvd

      RESTAURANT • 1,968 SF
      1287 Page Blvd, Springfield, MA 01104-1648
      View Details
    • Value Estimation by Request
      3,400 SF

      1395 Liberty St

      RESTAURANT • 3,400 SF
      1395 Liberty St, Springfield, MA 01104-1170
      View Details
    • Value Estimation
      $300,000
      1,552 SF

      747-749 Liberty St

      RESTAURANT • 1,552 SF
      747-749 Liberty St, Springfield, MA 01104
      View Details
    • Value Estimation
      $345,000
      1,824 SF

      100 Congress St

      RESTAURANT • 1,824 SF
      100 Congress St, Springfield, MA 01104-3456
      View Details
    • Value Estimation by Request
      2,718 SF

      755 Page Blvd

      RESTAURANT • 2,718 SF
      755 Page Blvd, Springfield, MA 01104-3036
      View Details

    Similar Nearby for Sale

    • $499,900

      Turn-Key Restaurant in Springfield

      5,000 sq ft restaurant with full liquor license.
      1301 Liberty St, Springfield, MA 01104
      View Details
    • $850,000

      Versatile Commercial Property For Sale

      3278 SF A-zoned property with high visibility and traffic.
      599-609 Page Blvd, Springfield, MA 01104
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    • $365,000

      Mixed-Use Property with Income Potential

      Investment property featuring a barbershop and a three-bedroom apartment.
      774-776 Liberty St, Springfield, MA 01104
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    • $1,725,000
      57,508 SF

      Industrial Warehouse and Showroom Space

      57,508 SF industrial warehouse and showroom for sale.
      83-95 Warwick St, Springfield, MA 01104
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    • $1,112,414

      Retail Building on Highly Visible Corner

      Retail building with excellent signage and strong traffic counts.
      1003 Saint James Ave, Springfield, MA 01104
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    • $1,100,000

      Springfield Specialty Property For Sale

      Specialty property available for purchase in Springfield, Massachusetts.
      175 Progress Ave, Springfield, MA 01104
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    Similar Nearby for Lease

    • Contact for pricing
      7,700 SF

      Springfield Retail Space For Lease

      444,000 SF shopping center with grocery anchor.
      1333 Liberty St, Springfield, MA 01104
      View Details
    • Contact for pricing
      36,000 SF

      Springfield Shopping Center Retail Space

      444,000 SF shopping center with grocery anchor.
      1225-1395 Liberty St, Springfield, MA 01104
      View Details
    • Contact for pricing
      77,864 SF

      Prime Springfield Retail Space

      Massive 77,864 SF Retail Building
      1250 St James Ave, Springfield, MA 01104
      View Details
    • Contact for pricing
      18,071 SF

      Springfield Retail Center Space Available

      Retail space in a 444,000 SF shopping center.
      1387 Liberty St, Springfield, MA 01104
      View Details
    • $12 SF/Yr
      5,852 SF

      Retail Space in Liberty Plaza

      5,800 SF retail space available for lease.
      655-665 Liberty St, Springfield, MA 01104
      View Details
    • Contact for pricing
      25,342 SF

      Springfield Retail Center Space Available

      Retail spaces available in a large Springfield shopping center.
      1275-1379 Liberty St, Springfield, MA 01104
      View Details

    Property Visit Statistics

    • Visits by month
      6.5k
    • Visitors by month
      5.9k
    • Avg Time on site
      58 min
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    1371 Liberty St
    Springfield, MA 01104-1170
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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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