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    Property profile & analytics

    487 Main St Westfield, MA 01085-3312

    • Turn key restaurants
    • 4,605 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US38-0178585
    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

    • Turn key restaurants

    Property Details for 487 Main St

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.53 lot acres
    Property size
    4,605 SF
    Property type
    Turn key restaurants
    APN
    WFLD M:29-R L:11
    APU
    WFLDM29RL11

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.7213
    Latitude
    42.1118
    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
    $7,574
    $103,100
    $138,200
    $241,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $435,000
      3,524 SF

      70 Main St

      RESTAURANT • 3,524 SF
      70 Main St, Westfield, MA 01085
      View Details
    • Value Estimation
      $320,000
      4,420 SF

      6 School St

      RESTAURANT • 4,420 SF
      6 School St, Westfield, MA 01085
      View Details
    • Value Estimation
      $390,000
      3,831 SF

      21 Southampton Rd

      RESTAURANT • 3,831 SF
      21 Southampton Rd, Westfield, MA 01085-1319
      View Details
    • Value Estimation
      $250,000
      3,075 SF

      45 Washington St

      RESTAURANT • 3,075 SF
      45 Washington St, Westfield, MA 01085-2862
      View Details
    • Value Estimation
      $495,000
      18,460 SF

      29 School St

      RESTAURANT • 18,460 SF
      29 School St, Westfield, MA 01085-2807
      View Details
    • Value Estimation
      $235,000
      3,108 SF

      278 Elm St

      RESTAURANT • 3,108 SF
      278 Elm St, Westfield, MA 01085-2921
      View Details

    Similar Nearby for Sale

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      Southampton Road Retail Space

      Westfield, MA Daycare - $949,000
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      Southampton Road Industrial Facility

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    • $107,300

      48 Silver St, Westfield, MA 01085

      Commercial real estate
      48 Silver St, Westfield, MA 01085
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    • $409,000

      Updated Two-Unit Home in Westfield

      Versatile two-unit property with modern upgrades and excellent location.
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    Similar Nearby for Lease

    • Contact for pricing
      17,900 SF

      Westfield Shops Retail Spaces Available

      Prime Retail Space in Westfield, MA
      475 Main St, Westfield, MA 01085
      View Details
    • $1.00 SF/Yr

      Retail Development Opportunity in Westfield

      Retail development opportunity in a high-traffic area of Westfield.
      427 N Elm St, Westfield, MA 01085
      View Details
    • Contact for pricing
      3,461 SF

      Retail Space in Westfield, MA

      Retail space available for lease in Westfield, Massachusetts.
      74-78 Franklin St, Westfield, MA 01085
      View Details
    • Contact for pricing
      8,400 SF

      Westfield Day Care - Turnkey Ready

      8,400 SF Daycare, Ample Parking
      182 Southampton Rd, Westfield, MA 01085
      View Details
    • $500,000
      2,200 SF

      Retail Space on Elm Street

      Retail property available for rent in Westfield, Massachusetts.
      285 Elm St, Westfield, MA 01085
      View Details
    • $14 SF/Yr
      1,800 SF

      Retail Space on Elm Street

      Retail space available for lease in Westfield, Massachusetts.
      271 Elm St, Westfield, MA 01085
      View Details

    Property Visit Statistics

    • Visits by month
      2.4k
    • Visitors by month
      2.3k
    • Avg Time on site
      30 min
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    487 Main St
    Westfield, MA 01085-3312
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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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