Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    246 Elm St Westfield, MA 01085-2920

    • Retail properties
    • 1,600 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Jan 30, 2020
    Location Intelligence
    Property ID
    US38-1220796
    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

    • Retail properties

    Property Details for 246 Elm St

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.04 lot acres
    Property size
    1,600 SF
    Property type
    Retail properties
    APN
    WFLD M:56 L:75
    APU
    WFLDM56L75

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.7478
    Latitude
    42.1259
    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
    $2,379
    $29,000
    $46,800
    $75,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.66 Acres

      282 Southampton Rd

      Retail properties • 0.66 Acres
      282 Southampton Rd, Westfield, MA 01085
      View Details
    • Value Estimation by Request
      1,258 SF

      28 Main St

      Individual retail properties • 1,258 SF
      28 Main St, Westfield, MA 01085
      View Details
    • Value Estimation
      $290,000
      2,580 SF

      65 Franklin St

      DEPARTMENT STORE • 2,580 SF
      65 Franklin St, Westfield, MA 01085-2229
      View Details
    • Value Estimation
      $325,000
      8,960 SF

      89 Elm St

      DEPARTMENT STORE • 8,960 SF
      89 Elm St, Westfield, MA 01085-2905
      View Details
    • Value Estimation
      $215,000
      2,310 SF

      127 Elm St

      DEPARTMENT STORE • 2,310 SF
      127 Elm St, Westfield, MA 01085-1612
      View Details
    • Value Estimation
      $280,000
      2,900 SF

      71 Franklin St

      DEPARTMENT STORE • 2,900 SF
      71 Franklin St, Westfield, MA 01085-2229
      View Details

    Similar Nearby for Sale

    • $949,000
      8,400 SF

      Southampton Road Retail Space

      Westfield, MA Daycare - $949,000
      182-184 Southampton Rd, Westfield, MA 01085
      View Details
    • $225,000

      Commercially Zoned Property with Workshops

      Two buildings on 0.40 acres with residential and workshop spaces.
      351 North Elm St, Westfield, MA 01085
      View Details
    • $749,900

      Commercial Building in Montgomery, MA

      9,996 sq ft commercial building on 2.85 acres for sale.
      46 Main Rd, Montgomery, MA 01085
      View Details
    • $2,250,000
      33,717 SF

      Westfield Industrial Flex Space

      33,717 SF Flex Warehouse - Vacant
      135 Apremont Way, Westfield, MA 01085
      View Details
    • $950,000
      3,480 SF

      Westfield Office Space For Sale

      3,480 square foot office property in Westfield, Massachusetts.
      962 Southampton Rd, Westfield, MA 01085
      View Details
    • $1,950,000
      33,717 SF

      Westfield Industrial Property for Sale

      33,717 SF industrial property in Westfield, Massachusetts.
      135 Apremont Way, Westfield, MA 01085
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,400 SF

      Westfield Day Care - Turnkey Ready

      8,400 SF Daycare, Ample Parking
      182 Southampton Rd, Westfield, MA 01085
      View Details
    • $1,500 /Mo

      New ATM Location Available

      New ATM location alongside Dunkin' on Routes 10/202.
      230 Southampton Rd, Westfield, MA 01085
      View Details
    • Contact for pricing
      17,900 SF

      Westfield Shops Retail Spaces Available

      Prime Retail Space in Westfield, MA
      475 Main St, Westfield, MA 01085
      View Details
    • $500,000
      2,200 SF

      Retail Space on Elm Street

      Retail property available for rent in Westfield, Massachusetts.
      285 Elm St, Westfield, MA 01085
      View Details
    • $14 SF/Yr
      1,800 SF

      Retail Space on Elm Street

      Retail space available for lease in Westfield, Massachusetts.
      271 Elm St, Westfield, MA 01085
      View Details
    • Contact for pricing
      3,461 SF

      Retail Space in Westfield, MA

      Retail space available for lease in Westfield, Massachusetts.
      74-78 Franklin St, Westfield, MA 01085
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    246 Elm St
    Westfield, MA 01085-2920
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.