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    Property profile & analytics

    242 Suffolk St Holyoke, MA 01040-5462

    • Manufacturing properties
    • 12,740 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US38-0604771
    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

    • HempStone, LLC / Home Builder / Insulation Contractor
    • Living Word Evangelical Christian / Church
    • Stiebel Properties Inc / Apartment Building
    • Energia LLC / Contractor

    Property Details for 242 Suffolk St

    Year built
    1925
    Construction
    FRAME
    Lot size
    0.19 lot acres
    Property size
    12,740 SF
    Zone code
    BG
    Property type
    Manufacturing properties
    APN
    HOLY M:0061 B:0007 L:12
    APU
    HOLYM0061B0007L12

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $235,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $255,000
      Mixed-Use
      $240,000
      Hospitality
      $200,000
      Educational
      $230,000
      Residential Income
      $225,000
      Energy
      $205,000
      Income-Based Land
      $220,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6156
    Latitude
    42.2095
    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
    $10,544
    $22,400
    $239,500
    $261,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $860,000
      7,076 SF

      56-58 Sargeant St

      MANUFACTURING (LIGHT) • 7,076 SF
      56-58 Sargeant St, Holyoke, MA 01040
      View Details
    • Value Estimation
      $500,000
      38,990 SF

      529 St

      MANUFACTURING (LIGHT) • 38,990 SF
      529 St, Holyoke, MA 01040-6005
      View Details
    • Value Estimation
      $340,000
      33,000 SF

      60 Appleton St

      MANUFACTURING (LIGHT) • 33,000 SF
      60 Appleton St, Holyoke, MA 01040-6402
      View Details
    • Value Estimation
      $400,000
      15,540 SF

      78 Canal St

      MANUFACTURING (LIGHT) • 15,540 SF
      78 Canal St, Holyoke, MA 01040-5829
      View Details
    • Value Estimation
      $625,000
      69,817 SF

      382 Dwight St

      MANUFACTURING (LIGHT) • 69,817 SF
      382 Dwight St, Holyoke, MA 01040
      View Details
    • Value Estimation
      $355,000
      22,184 SF

      11 Jackson St

      MANUFACTURING (LIGHT) • 22,184 SF
      11 Jackson St, Holyoke, MA 01040-5524
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      113,700 SF

      Holyoke Industrial Facility for Lease

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      View Details
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    242 Suffolk St
    Holyoke, MA 01040-5462
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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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