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    Property profile & analytics

    429 Riverdale St West Springfield, MA 01089-4625

    • Motels
    • 22,208 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $3,280,000
    Last Sale
    Sep 27, 2021
    $3,345,043
    Location Intelligence
    Property ID
    US38-1578368
    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

    • Best Western Springfield West Inn / Hotel

    Property Details for 429 Riverdale St

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    1.07 lot acres
    Property size
    22,208 SF
    Property type
    Motels
    APN
    WSPR M:00226 B:05450 L:0070A
    APU
    WSPRM00226B05450L0070A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,240,000
      6.5%
      $3,120,000
      7%
      $3,320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,105,000
      Geo Method
      $3,390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,600,000
      Retail
      $3,315,000
      Mixed-Use
      $3,620,000
      Hospitality
      $3,195,000
      Educational
      $3,050,000
      Residential Income
      $3,785,000
      Energy
      $3,365,000
      Income-Based Land
      $2,775,000
      Food Service
      $3,520,000

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.624
    Latitude
    42.1176
    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
    $94,475
    $331,400
    $2,838,900
    $3,170,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      42,470 SF

      106 Capital Dr

      MOTEL • 42,470 SF
      106 Capital Dr, West Springfield, MA 01089-1331
      View Details
    • Value Estimation
      $9,545,000
      53,312 SF

      1011 Riverdale St

      MOTEL • 53,312 SF
      1011 Riverdale St, West Springfield, MA 01089-4614
      View Details
    • Value Estimation by Request
      34,560 SF

      1270 Riverdale St

      MOTEL • 34,560 SF
      1270 Riverdale St, West Springfield, MA 01089
      View Details
    • Value Estimation
      $2,150,000
      24,378 SF

      21 Baldwin St

      MOTEL • 24,378 SF
      21 Baldwin St, West Springfield, MA 01089-3705
      View Details
    • Value Estimation by Request
      76,576 SF

      64 Border Way

      MOTEL • 76,576 SF
      64 Border Way, West Springfield, MA 01089-4626
      View Details
    • Value Estimation
      $390,000
      8,541 SF

      53 Main St

      MOTEL • 8,541 SF
      53 Main St, West Springfield, MA 01089
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,374 SF

      West Springfield Industrial Building For Sale

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      View Details
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      9,576 sq. ft. commercial building with steady and seasonal income.
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    • $119,999
      759 SF

      West Springfield Condo with Potential

      Two-bedroom condo in West Springfield, ready for updates.
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    • $3,000,000
      17,424 SF

      West Springfield Executive Office Building

      17,424 SF office building with 105 parking spaces.
      150 Capital Dr, West Springfield, MA 01089
      View Details
    • $359,900
      1,500 SF

      West Springfield Auto Garage For Sale

      Functional auto garage with recent updates and business potential.
      730 Union St, West Springfield, MA 01089
      View Details
    • $377,000

      West Springfield Two-Family Home

      Well-maintained two-family home in West Springfield, vacant at closing.
      44-46 Spring St, West Springfield, MA 01089
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      77,828 SF

      West Springfield Industrial Space

      77,828 SF Manufacturing Building, 23,800 SF Available
      60 Allston Ave, West Springfield, MA 01089
      View Details
    • $15 SF/Yr
      650 SF

      West Springfield Retail/Office Space

      Retail or office space with high visibility on Main Street.
      436 Main St, West Springfield, MA 01089
      View Details
    • $15,000 /Mo

      Prime Corner Retail Opportunity

      Retail space across from Eastern States fair grounds.
      1718 Memorial Ave, West Springfield, MA 01089
      View Details
    • $6,800 /Mo
      2,600 SF

      West Springfield Office Space Available

      2600 sq ft office space for rent.
      117 Park Ave, West Springfield, MA 01089
      View Details
    • $2,500 /Mo

      Versatile Commercial Space on Memorial

      1,000 sq ft West Springfield space for lease.
      745 Memorial Ave, West Springfield, MA 01089
      View Details
    • $2,000 /Mo
      200 SF

      Memorial Avenue Retail Space

      Retail space on Memorial Ave, West Springfield.
      338-356 Memorial Ave, West Springfield, MA 01089
      View Details

    Property Visit Statistics

    • Visits by month
      2.9k
    • Visitors by month
      1.0k
    • Avg Time on site
      378 min
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    429 Riverdale St
    West Springfield, MA 01089-4625
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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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