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    Property profile & analytics

    140 Chestnut St, Unit C9 Springfield, MA 01103-1549

    • Commercial real estate
    • 8,536 SF
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Jul 11, 2024
    $100,000
    Location Intelligence
    Property ID
    US38-0958827
    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

    • Commercial real estate

    Property Details for 140 Chestnut St

    Year built
    1990
    Property size
    8,536 SF
    Zone code
    B3
    Property type
    Commercial real estate
    APN
    SPRI S:02750 P:0708
    APU
    SPRIS02750P0708

    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
    -72.5894
    Latitude
    42.105
    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
    2020
    $5,194
    $0.00
    $142,900
    $142,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,745 SF

      1402 Main St

      Retail properties • 20,745 SF
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    • Value Estimation by Request
      1,134 SF

      1795 Main St Ste, Unit 108

      COMMERCIAL CONDOMINUIM • 1,134 SF
      1795 Main St Ste, Springfield, MA 01103-1078
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    • Value Estimation
      $630,000
      3,494 SF

      459 Dwight St

      COMMERCIAL (GENERAL) • 3,494 SF
      459 Dwight St, Springfield, MA 01103-1311
      View Details
    • Value Estimation by Request
      38,908 SF

      11 Liberty St

      COMMERCIAL (GENERAL) • 38,908 SF
      11 Liberty St, Springfield, MA 01103-1001
      View Details
    • Value Estimation
      $210,000
      1,247 SF

      1795 Main St Ste, Unit 202

      COMMERCIAL CONDOMINUIM • 1,247 SF
      1795 Main St Ste, Springfield, MA 01103-1015
      View Details
    • Value Estimation
      $255,000
      1,466 SF

      1795 Main St Ste, Unit 212

      COMMERCIAL CONDOMINUIM • 1,466 SF
      1795 Main St Ste, Springfield, MA 01103-1015
      View Details

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    140 Chestnut St, Unit C9
    Springfield, MA 01103-1549
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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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