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    Property profile & analytics

    2942-2946 Main St Springfield, MA 01107

    • Investment properties
    • 14,025 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2384449
    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

    • Investment properties

    Property Details for 2942-2946 Main St

    Year built
    1908
    Lot size
    0.14 lot acres
    Property size
    14,025 SF
    Zone code
    B1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SPRI S:08130 P:0279
    APU
    SPRIS08130P0279

    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
    -72.6079
    Latitude
    42.1183
    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
    $0.00
    $126,000
    $786,300
    $912,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      41,592 SF

      2295 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 41,592 SF
      2295 Main St, Springfield, MA 01107-1931
      View Details
    • Value Estimation
      $570,000
      24,780 SF

      2652 Main St, Unit 2670

      OFFICE/RESIDENTIAL (MIXED USE) • 24,780 SF
      2652 Main St, Springfield, MA 01107-1913
      View Details
    • Value Estimation
      $1,435,000
      22,400 SF

      2882 Main St, Unit 2896

      OFFICE/RESIDENTIAL (MIXED USE) • 22,400 SF
      2882 Main St, Springfield, MA 01107-1570
      View Details
    • Value Estimation
      $505,000
      33,401 SF

      2772 Main St, Unit 2786

      OFFICE/RESIDENTIAL (MIXED USE) • 33,401 SF
      2772 Main St, Springfield, MA 01107-1556
      View Details
    • Value Estimation
      $240,000
      3,823 SF

      49 Montmorenci St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,823 SF
      49 Montmorenci St, Springfield, MA 01107-1727
      View Details
    • Value Estimation
      $320,000
      4,603 SF

      444-446 Chestnut St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,603 SF
      444-446 Chestnut St, Springfield, MA 01107
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      32,148 SF

      Springfield Executive Office Space

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    2942-2946 Main St
    Springfield, MA 01107
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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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