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    Property profile & analytics

    487 Taylor St Springfield, MA 01105

    • Gas stations
    • 7,348 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1802697
    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

    • Rm Liquors / Liquor Store

    Property Details for 487 Taylor St

    Year built
    2018
    Lot size
    1.37 lot acres
    Property size
    7,348 SF
    Zone code
    B2
    Property type
    Gas stations
    APN
    SPRI S:11430 P:0092
    APU
    SPRIS11430P0092

    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
    -72.5813
    Latitude
    42.1141
    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
    $70,176
    $696,300
    $1,231,600
    $1,927,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,490,000
      3,952 SF

      1211 Columbus Ave

      GAS STATION • 3,952 SF
      1211 Columbus Ave, Springfield, MA 01105-2554
      View Details
    • Value Estimation
      $455,000
      840 SF

      827 Columbus Ave

      GAS STATION • 840 SF
      827 Columbus Ave, Springfield, MA 01105
      View Details
    • Value Estimation by Request
      1,060 SF

      720 Hall Of Fame Ave

      GAS STATION • 1,060 SF
      720 Hall Of Fame Ave, Springfield, MA 01105-2520
      View Details
    • Value Estimation
      $290,000
      1,080 SF

      679 Main St

      GAS STATION • 1,080 SF
      679 Main St, Springfield, MA 01105-2413
      View Details
    • Value Estimation by Request
      0.12 Acres

      173 Spg St

      PARKING LOT • 0.12 Acres
      173 Spg St, Springfield, MA 01105
      View Details
    • Value Estimation by Request
      0.15 Acres

      367 Taylor St

      PARKING LOT • 0.15 Acres
      367 Taylor St, Springfield, MA 01105-1109
      View Details

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    Similar Nearby for Lease

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      Retail space available for lease on Main Street.
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      View Details
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      View Details
    • Contact for pricing
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      Executive Suites, Springfield, MA

      Prestigious Office Space Available
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      View Details
    • $4,500,000
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      Prime Springfield Office Space

      First-class office space with highway access and on-site parking.
      505-585 E Columbus Ave, Springfield, MA 01105
      View Details
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      Springfield Professional/Medical Office Space

      Professional and medical office space for lease in Springfield, MA.
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      4,367 SF

      Commercial Building Near Interstate 91

      4,367 SF commercial building with office, storage, and warehouse space.
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      View Details

    Property Visit Statistics

    • Visits by month
      17.2k
    • Visitors by month
      10.4k
    • Avg Time on site
      7 min
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    487 Taylor St
    Springfield, MA 01105
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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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