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    Property profile & analytics

    208 Ashley Ave West Springfield, MA 01089-1353

    • Showrooms
    • 16,641 SF
    • 3.54 lot acres
    OFF-MARKET
    Value Estimation
    $4,195,000
    Last Sale
    Jun 21, 2021
    $4,285,000
    Location Intelligence
    Property ID
    US38-0628108
    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

    • Mulhern Jeffrey MD / Doctor
    • Dr. Aleksandr Kurbanov, MD / Surgeon
    • Kurbanov Alexander MD / Doctor
    • Dr. George S. Lipkowitz, MD / Surgeon
    • Dr. Robert L. Madden, MD / Surgeon / Transplant Surgeon

    Property Details for 208 Ashley Ave

    Year built
    1996
    Construction
    STEEL FRAME
    Lot size
    3.54 lot acres
    Property size
    16,641 SF
    Property type
    Showrooms
    APN
    WSPR M:00120 B:23300 L:00079
    APU
    WSPRM00120B23300L00079

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,455,000
      6.5%
      $4,590,000
      7%
      $4,555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,880,000
      Geo Method
      $4,220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,080,000
      Retail
      $3,705,000
      Mixed-Use
      $3,980,000
      Hospitality
      $4,145,000
      Educational
      $3,905,000
      Residential Income
      $3,415,000
      Energy
      $4,125,000
      Income-Based Land
      $3,400,000
      Food Service
      $3,545,000

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6208
    Latitude
    42.1415
    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
    $124,224
    $290,800
    $3,877,800
    $4,168,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      71,001 SF

      120 Wayside Ave

      SHOW ROOM, WAREHOUSE • 71,001 SF
      120 Wayside Ave, West Springfield, MA 01089-1318
      View Details
    • Value Estimation by Request
      31,136 SF

      80 Progress Ave

      SHOW ROOM, WAREHOUSE • 31,136 SF
      80 Progress Ave, West Springfield, MA 01089-3330
      View Details
    • Value Estimation
      $465,000
      9,576 SF

      52 Baldwin St

      SHOW ROOM, WAREHOUSE • 9,576 SF
      52 Baldwin St, West Springfield, MA 01089-5009
      View Details
    • Value Estimation by Request
      70,106 SF

      330 Bliss St

      SHOW ROOM, WAREHOUSE • 70,106 SF
      330 Bliss St, West Springfield, MA 01089-3437
      View Details
    • Value Estimation by Request
      61,312 SF

      920 Memorial Ave

      SHOW ROOM, WAREHOUSE • 61,312 SF
      920 Memorial Ave, West Springfield, MA 01089-3595
      View Details
    • Value Estimation by Request
      8,668 SF

      900 Memorial Ave

      SHOW ROOM, WAREHOUSE • 8,668 SF
      900 Memorial Ave, West Springfield, MA 01089-3557
      View Details

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    Similar Nearby for Lease

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      Retail space on Memorial Ave, West Springfield.
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    • $2,500 /Mo

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      1,000 sq ft West Springfield space for lease.
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    • $2,000 /Mo

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    • $25 SF/Yr
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      2,807 SF retail space on West Springfield's 'Golden Mile'.
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    208 Ashley Ave
    West Springfield, MA 01089-1353
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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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