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    Property profile & analytics

    199 Laconia St Springfield, MA 01129-1110

    • Investment properties
    • 5,320 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US38-1248941
    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

    • Jimmys Auto Service / Auto Repair Shop

    Property Details for 199 Laconia St

    Year built
    1960
    Lot size
    0.62 lot acres
    Property size
    5,320 SF
    Zone code
    I2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SPRI S:07420 P:0056
    APU
    SPRIS07420P0056

    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
    -72.4866
    Latitude
    42.1464
    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
    $0.00
    $67,800
    $288,000
    $355,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $560,000
      2,184 SF

      107 Laconia St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,184 SF
      107 Laconia St, Springfield, MA 01129-1110
      View Details
    • Value Estimation
      $195,000
      1,952 SF

      337 Parker St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,952 SF
      337 Parker St, Springfield, MA 01129-1071
      View Details
    • Value Estimation
      $350,000
      8,638 SF

      1216 Parker St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,638 SF
      1216 Parker St, Springfield, MA 01129
      View Details
    • Value Estimation
      $225,000
      1,536 SF

      256-260 Laconia St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,536 SF
      256-260 Laconia St, Springfield, MA 01129
      View Details
    • Value Estimation by Request
      17,876 SF

      21 Tinkham Rd, Unit 49

      OFFICE/RESIDENTIAL (MIXED USE) • 17,876 SF
      21 Tinkham Rd, Springfield, MA 01129-1932
      View Details
    • Value Estimation
      $200,000
      1,664 SF

      248 Laconia St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,664 SF
      248 Laconia St, Springfield, MA 01129-1113
      View Details

    Similar Nearby for Sale

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      Established Restaurant Business and Property

      Profitable Golden Corral franchise with real estate for sale.
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      2,304 SF

      Springfield Retail Property For Sale

      2,304 SF retail property in Sixteen Acres neighborhood.
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    Similar Nearby for Lease

    • Contact for pricing
      366,417 SF

      Springfield Crossing Retail Center

      Massive Retail Space Available in Springfield, MA
      1655 Boston Rd, Springfield, MA 01129
      View Details
    • Contact for pricing
      15,292 SF

      Freestanding Building in Prime Location

      15,292 SF freestanding building available for lease or ground lease.
      1440 Boston Rd, Springfield, MA 01129
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      25,207 SF

      Lowe's Plaza: Springfield Retail Space

      Prime Springfield Retail Opportunity: 25,207 SF Available
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      View Details
    • Contact for pricing
      2,652 SF

      Freestanding Building With Drive-Thru

      Freestanding building with drive-thru, multiple uses allowed.
      1780 Boston Rd, Springfield, MA 01129
      View Details

    Property Visit Statistics

    • Visits by month
      810
    • Visitors by month
      663
    • Avg Time on site
      18 min
    Request Owner's contact information
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    199 Laconia St
    Springfield, MA 01129-1110
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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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