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    Property profile & analytics

    560 Riverdale St West Springfield, MA 01089-4610

    • Motels
    • 16,255 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,215,000
    Last Sale
    Jun 14, 2021
    $1,245,000
    Location Intelligence
    Property ID
    US38-1397913
    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

    • Red Carpet Inn West Springfield, MA / Hotel / Inn

    Property Details for 560 Riverdale St

    Year built
    1954
    Construction
    FRAME
    Lot size
    1.00 lot acres
    Property size
    16,255 SF
    Property type
    Motels
    APN
    WSPR M:00226 B:05850 L:0075A
    APU
    WSPRM00226B05850L0075A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,280,000
      6.5%
      $1,210,000
      7%
      $1,200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,100,000
      Geo Method
      $1,275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,100,000
      Retail
      $1,165,000
      Mixed-Use
      $1,365,000
      Hospitality
      $1,090,000
      Educational
      $1,265,000
      Residential Income
      $1,075,000
      Energy
      $1,170,000
      Income-Based Land
      $1,325,000
      Food Service
      $1,310,000

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6262
    Latitude
    42.1212
    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
    $37,250
    $308,800
    $941,200
    $1,250,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      34,560 SF

      1270 Riverdale St

      MOTEL • 34,560 SF
      1270 Riverdale St, West Springfield, MA 01089
      View Details
    • Value Estimation
      $2,150,000
      24,378 SF

      21 Baldwin St

      MOTEL • 24,378 SF
      21 Baldwin St, West Springfield, MA 01089-3705
      View Details
    • Value Estimation by Request
      76,576 SF

      64 Border Way

      MOTEL • 76,576 SF
      64 Border Way, West Springfield, MA 01089-4626
      View Details
    • Value Estimation
      $390,000
      8,541 SF

      53 Main St

      MOTEL • 8,541 SF
      53 Main St, West Springfield, MA 01089
      View Details
    • Value Estimation by Request
      42,470 SF

      106 Capital Dr

      MOTEL • 42,470 SF
      106 Capital Dr, West Springfield, MA 01089-1331
      View Details
    • Value Estimation
      $365,000
      5,313 SF

      2033 Riverdale St

      MOTEL • 5,313 SF
      2033 Riverdale St, West Springfield, MA 01089
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $18 SF/Yr

      Park Avenue Office Space Available

      Fourth floor office space for lease in prominent building.
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      View Details
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      1,863 SF

      West Springfield Office Space Available

      Professional office suite in a centrally located building.
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      View Details
    • $2,300 /Mo
      1,750 SF

      Office/Retail Space Available For Rent

      Office/retail space with new floor and fresh paint.
      190 Doty Cir, West Springfield, MA 01089
      View Details
    • $1,000 /Mo

      West Springfield Office Suite For Rent

      Second floor office suite in West Springfield CBD for rent.
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      View Details
    • $2,000 /Mo

      Memorial Ave Storefront For Lease

      2,000 sq ft retail space on Memorial Ave.
      358 Memorial Ave, West Springfield, MA 01089
      View Details
    • $12 SF/Yr
      15,744 SF

      West Springfield Flex Space Available

      Versatile flex space, ideal for multiple tenants.
      136-150 Doty Cir, West Springfield, MA 01089
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      780
    • Avg Time on site
      397 min
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    560 Riverdale St
    West Springfield, MA 01089-4610
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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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