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    Property profile & analytics

    462 Belmont Ave Springfield, MA 01108-1753

    • Commercial land
    • 5,681 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1751909
    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

    • Genovese World Travel & Cruise / Travel Agency

    Property Details for 462 Belmont Ave

    Year built
    1920
    Lot size
    0.19 lot acres
    Property size
    5,681 SF
    Zone code
    B1
    Property type
    Commercial land
    APN
    SPRI S:01235 P:0094
    APU
    SPRIS01235P0094

    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
    -72.5611
    Latitude
    42.0865
    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
    2023
    $2,209
    $60,700
    $0.00
    $60,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      304-306 Belmont Ave

      VACANT COMMERCIAL LAND • 13,220 SF
      304-306 Belmont Ave, Springfield, MA 01108
      View Details
    • Value Estimation by Request
      0.14 Acres

      678 White St, Unit 684

      VACANT COMMERCIAL LAND • 0.14 Acres
      678 White St, Springfield, MA 01108-3243
      View Details
    • Value Estimation by Request
      0.15 Acres

      76 Randall Pl

      INDUSTRIAL - VACANT LAND • 0.15 Acres
      76 Randall Pl, Springfield, MA 01108-1920
      View Details
    • Value Estimation by Request
      0.13 Acres

      36 Randall Pl

      INDUSTRIAL - VACANT LAND • 0.13 Acres
      36 Randall Pl, Springfield, MA 01108-1920
      View Details
    • Value Estimation by Request

      34 Sumner Ave, Unit PB18

      RESIDENTIAL PARKING GARAGE
      34 Sumner Ave, Springfield, MA 01108-2368
      View Details
    • Value Estimation by Request

      34 Sumner Ave, Unit PB20

      RESIDENTIAL PARKING GARAGE
      34 Sumner Ave, Springfield, MA 01108-2368
      View Details

    Similar Nearby for Sale

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      Renovated Two-Family in Central Location

      Completely renovated two-family property with immediate rental income potential.
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      Updated Triplex Near Forest Park

      Three-family property with recent updates and Section 8 tenants.
      29 Warriner Ave, Springfield, MA 01108
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      Vacant Two-Family Home Opportunity

      Two-family home with potential for owner-occupancy or investment.
      371-373 Oakland St, Springfield, MA 01108
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      9,000 SF

      Springfield Office Space For Lease

      Office space for lease with large open floor plan.
      494 Belmont Ave, Springfield, MA 01108
      View Details
    • $2,000 /Mo

      Spacious Three-Bedroom Apartment

      First-floor apartment with updated kitchen and in-unit laundry.
      641 White St, Springfield, MA 01108
      View Details
    • $2,000 /Mo

      Retail/Commercial Space For Lease

      Versatile commercial space in a well-established, accessible neighborhood.
      878 Sumner Ave, Springfield, MA 01108
      View Details
    • $2,000 /Mo
      1,280 SF

      Retail Space in Springfield

      Retail space available for rent in Springfield, Massachusetts.
      673 White St, Springfield, MA 01108
      View Details
    • $14 SF/Yr
      250 SF

      Office Space For Rent

      Office space available for lease in Springfield, MA.
      83-95 Mill St, Springfield, MA 01108
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      1.7k
    • Avg Time on site
      24 min
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    462 Belmont Ave
    Springfield, MA 01108-1753
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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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