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    Property profile & analytics

    47-51 Prospect St Amherst, MA 01002

    • Investment properties
    • 4,238 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1380407
    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 47-51 Prospect St

    Year built
    1920
    Lot size
    0.41 lot acres
    Property size
    4,238 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    AMHE M:0014A B:0000 L:0233
    APU
    AMHEM0014AB0000L0233

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.5218
    Latitude
    42.374
    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
    $16,992
    $316,500
    $601,500
    $918,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,863 SF

      87 Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,863 SF
      87 Pleasant St, Amherst, MA 01002-1702
      View Details
    • Value Estimation by Request
      5,832 SF

      37 Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,832 SF
      37 Pleasant St, Amherst, MA 01002-2882
      View Details
    • Value Estimation by Request
      32,045 SF

      70 University Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 32,045 SF
      70 University Dr, Amherst, MA 01002-2444
      View Details
    • Value Estimation by Request
      5,854 SF

      60-62 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,854 SF
      60-62 Main St, Amherst, MA 01002
      View Details
    • Value Estimation by Request
      3,999 SF

      24-26 Prospect St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,999 SF
      24-26 Prospect St, Amherst, MA 01002
      View Details
    • Value Estimation
      $4,200,000
      10,587 SF

      85 Whitney St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,587 SF
      85 Whitney St, Amherst, MA 01002-1881
      View Details

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    Similar Nearby for Lease

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      Amherst Commercial Property For Lease

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      Prime Amherst office space, flexible layouts.
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    47-51 Prospect St
    Amherst, MA 01002
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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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