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    Property profile & analytics

    161 State St Ludlow, MA 01056-3465

    • Specialty properties
    • 6,170 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US38-1054541
    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

    • Unity AC / Gym

    Property Details for 161 State St

    Year built
    1958
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Property size
    6,170 SF
    Zone code
    BUS B
    Property type
    Specialty properties
    APN
    LUDL M:14B B:14200 P:174
    APU
    LUDLM14BB14200P174

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4746
    Latitude
    42.1565
    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
    $7,782
    $118,900
    $311,300
    $430,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      2,640 SF

      1237 Lyon St

      CHARITABLE ORGANIZATION • 2,640 SF
      1237 Lyon St, Ludlow, MA 01056-1174
      View Details
    • Value Estimation
      $270,000
      2,442 SF

      40 Mineral Spg Ave

      CHARITABLE ORGANIZATION • 2,442 SF
      40 Mineral Spg Ave, Ludlow, MA 01056-1178
      View Details
    • Value Estimation by Request
      54,294 SF

      40 Carmelinas Cir

      PROFESSIONAL CLUBS/ASSOCIATIONS • 54,294 SF
      40 Carmelinas Cir, Ludlow, MA 01056-3161
      View Details
    • Value Estimation
      $325,000
      4,604 SF

      64-68 Sewall St

      FUNERAL HOME • 4,604 SF
      64-68 Sewall St, Ludlow, MA 01056
      View Details
    • Value Estimation by Request
      12,196 SF

      355 Ee St

      CHARITABLE ORGANIZATION • 12,196 SF
      355 Ee St, Ludlow, MA 01056-3007
      View Details
    • Value Estimation
      $270,000
      2,301 SF

      18 Chapin St

      CHARITABLE ORGANIZATION • 2,301 SF
      18 Chapin St, Ludlow, MA 01056-3718
      View Details

    Similar Nearby for Sale

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      Move-in ready two-family home with garage and large yard.
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    Similar Nearby for Lease

    • Contact for pricing
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      Updated office space with ample parking near major highways.
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    • $3,500 /Mo
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      Renovated Office Space For Rent

      Recently renovated office space near Ludlow Mills redevelopment project.
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      View Details
    • $15 SF/Yr
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      Ludlow Industrial Property For Lease

      7,225 SF industrial building with large yard and trailer positions.
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    • $1.00 SF/Yr

      Retail Space in High-Traffic Center

      2,000 sq. ft. retail space in Ludlow, MA for rent.
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    • Contact for pricing
      10,117 SF

      Retail Space with Highway Visibility

      Retail space with direct highway access and strong community support.
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      View Details
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    161 State St
    Ludlow, MA 01056-3465
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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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