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    Property profile & analytics

    510 Allen St Springfield, MA 01118-2004

    • Auto shops
    • 2,021 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US38-0403217
    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

    • Gurney's Service Station / Auto Repair Shop / Auto Electrical Service

    Property Details for 510 Allen St

    Year built
    1938
    Lot size
    0.23 lot acres
    Property size
    2,021 SF
    Zone code
    B1
    Property type
    Auto shops
    APN
    SPRI S:00280 P:0142
    APU
    SPRIS00280P0142

    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
    -72.5457
    Latitude
    42.0921
    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
    $6,527
    $67,700
    $111,600
    $179,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $375,000
      2,766 SF

      491 Allen St

      GAS STATION • 2,766 SF
      491 Allen St, Springfield, MA 01118-2003
      View Details
    • Value Estimation
      $265,000
      0.14 Acres

      39 Wayne St

      PARKING LOT • 0.14 Acres
      39 Wayne St, Springfield, MA 01118
      View Details
    • Value Estimation
      $420,000
      1,505 SF

      527 Allen St

      SERVICE STATION (FULL SERVICE) • 1,505 SF
      527 Allen St, Springfield, MA 01118-2014
      View Details
    • Value Estimation
      $320,000
      684 SF

      17 Newhouse St

      VEHICLE SALES, RENTALS • 684 SF
      17 Newhouse St, Springfield, MA 01118-2509
      View Details
    • Value Estimation
      $410,000
      3,192 SF

      1390 Allen St

      SERVICE STATION (FULL SERVICE) • 3,192 SF
      1390 Allen St, Springfield, MA 01118-1806
      View Details
    • Value Estimation
      $215,000
      1,120 SF

      914 Sumner Ave

      PARKING LOT • 1,120 SF
      914 Sumner Ave, Springfield, MA 01118-2115
      View Details

    Similar Nearby for Sale

    • $975,000
      3,507 SF

      Corner Lot Retail/Office Property

      Retail/office property on a busy corner with high visibility.
      908 Allen St, Springfield, MA 01118
      View Details
    • $999,000

      Commercial Land in Affluent Neighborhood

      3+ acres with high traffic and right-of-way to signal.
      1470 Allen St, Springfield, MA 01118
      View Details
    • $360,000

      Well-Kept Two-Family Home

      Sunny side-by-side two-family home, ideal for owner-occupants or investors.
      26-28 Moulton St, Springfield, MA 01118
      View Details
    • $162,000

      Updated Three Bedroom Condo

      Updated three-bedroom condo with included utilities and modern amenities.
      5 Manor Ct, Springfield, MA 01118
      View Details
    • $1,050,000
      3.45 Acres

      Springfield Commercial Land Opportunity

      High-traffic 3.45-acre lot, ideal for development.
      1470 Allen St, Springfield, MA 01118
      View Details
    • $1,050,000
      3.45 Acres

      Springfield Commercial Development Land

      High-traffic location, 3.45 acres, $1.05M
      ss Allen St, Springfield, MA 01118
      View Details

    Similar Nearby for Lease

    • $4,900 /Mo

      Corner Lot Retail/Office Property

      High-visibility retail/office space on a busy Springfield corner.
      908-914 Allen St, Springfield, MA 01118
      View Details
    • $17 SF/Yr
      16,506 SF

      Retail Plaza in East Forest

      Retail suites and pad site available in revitalized shopping destination.
      120-126 Island Pond Rd, Springfield, MA 01118
      View Details

    Property Visit Statistics

    • Visits by month
      2.9k
    • Visitors by month
      2.5k
    • Avg Time on site
      14 min
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    510 Allen St
    Springfield, MA 01118-2004
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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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