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    Property profile & analytics

    351 Parker St, Unit 351 Springfield, MA 01129-1029

    • Commercial real estate
    • 1,200 SF
    • 1.61 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1697859
    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

    • Public Storage / Self-Storage Facility / Automobile Storage Facility

    Property Details for 351 Parker St

    Year built
    1986
    Lot size
    1.61 lot acres
    Property size
    1,200 SF
    Zone code
    B2
    Property type
    Commercial real estate
    APN
    SPRI S:09510 P:1826
    APU
    SPRIS09510P1826

    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
    -72.4937
    Latitude
    42.1455
    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
    2020
    $193,365
    $139,300
    $6,043,300
    $6,182,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      193,769 SF

      1655 Boston Rd

      COMMERCIAL (GENERAL) • 193,769 SF
      1655 Boston Rd, Springfield, MA 01129-1148
      View Details
    • Value Estimation
      $775,000
      17,691 SF

      288 Verge St

      SHOW ROOM, WAREHOUSE • 17,691 SF
      288 Verge St, Springfield, MA 01129-1123
      View Details
    • Value Estimation
      $4,190,000
      24,614 SF

      1201 Parker St, Unit 1219

      COMMERCIAL (GENERAL) • 24,614 SF
      1201 Parker St, Springfield, MA 01129-1031
      View Details
    • Value Estimation
      $425,000
      2,560 SF

      101 Verge St

      COMMERCIAL (GENERAL) • 2,560 SF
      101 Verge St, Springfield, MA 01129
      View Details
    • Value Estimation by Request
      32,085 SF

      1889 Wilbraham Rd, Unit 1919

      COMMERCIAL (GENERAL) • 32,085 SF
      1889 Wilbraham Rd, Springfield, MA 01129-1822
      View Details
    • Value Estimation
      $1,240,000
      2,420 SF

      1225 Parker St

      COMMERCIAL (GENERAL) • 2,420 SF
      1225 Parker St, Springfield, MA 01129-1031
      View Details

    Similar Nearby for Sale

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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
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    • Contact for pricing
      15,292 SF

      Freestanding Building in Prime Location

      15,292 SF freestanding building available for lease or ground lease.
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      Lowe's Plaza: Springfield Retail Space

      Prime Springfield Retail Opportunity: 25,207 SF Available
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    • 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
      2.7k
    • Visitors by month
      1.7k
    • Avg Time on site
      27 min
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    351 Parker St, Unit 351
    Springfield, MA 01129-1029
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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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