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    Property profile & analytics

    562 Main St East Longmeadow, MA 01028-1809

    • Turn key restaurants
    • 1,970 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $930,000
    Last Sale
    Jan 17, 2023
    $1,020,000
    Location Intelligence
    Property ID
    US38-1213263
    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

    • Friendly's / American Restaurant / Diner
    • MrBeast Burger / Hamburger Restaurant

    Property Details for 562 Main St

    Year built
    1957
    Construction
    FRAME
    Lot size
    0.50 lot acres
    Property size
    1,970 SF
    Zone code
    BUS
    Property type
    Turn key restaurants
    APN
    ELON M:002B B:0077 L:0561
    APU
    ELONM002BB0077L0561

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $860,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,085,000
      6.5%
      $1,190,000
      7%
      $1,140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,005,000
      Geo Method
      $1,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,215,000
      Retail
      $1,065,000
      Mixed-Use
      $1,055,000
      Hospitality
      $1,140,000
      Educational
      $1,110,000
      Residential Income
      $1,050,000
      Energy
      $1,285,000
      Income-Based Land
      $1,150,000
      Food Service
      $1,405,000

    Location Insight

    • Map
    • Local Demand
    City
    East Longmeadow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5338
    Latitude
    42.0796
    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
    $14,250
    $284,600
    $484,000
    $768,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $370,000
      2,226 SF

      47 Maple St

      RESTAURANT • 2,226 SF
      47 Maple St, East Longmeadow, MA 01028-2745
      View Details
    • Value Estimation
      $275,000
      848 SF

      182 Main St

      RESTAURANT • 848 SF
      182 Main St, East Longmeadow, MA 01028-2324
      View Details
    • Value Estimation
      $265,000
      2,814 SF

      162 Shaker Rd

      RESTAURANT • 2,814 SF
      162 Shaker Rd, East Longmeadow, MA 01028-2733
      View Details
    • Value Estimation
      $440,000
      1,200 SF

      520 Main St

      RESTAURANT • 1,200 SF
      520 Main St, East Longmeadow, MA 01028-1807
      View Details
    • Value Estimation
      $260,000
      2,496 SF

      236 Shaker Rd

      RESTAURANT • 2,496 SF
      236 Shaker Rd, East Longmeadow, MA 01028-7003
      View Details
    • Value Estimation
      $2,710,000
      5,540 SF

      14 Maple St

      RESTAURANT • 5,540 SF
      14 Maple St, East Longmeadow, MA 01028-2735
      View Details

    Similar Nearby for Sale

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      East Longmeadow Commercial Land

      3.09 Acres, Prime Location, $545,000
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      Land Lease Opportunity

      Land available for lease in high-traffic location.
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      29 Acres of Scenic Land

      Stunning 29-acre land parcel in East Longmeadow, Massachusetts.
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      5-Acre Residential Land Parcel

      Build your dream home on this scenic 5-acre parcel.
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    Similar Nearby for Lease

    • Contact for pricing
      2,376 SF

      Retail Space in Heritage Park Plaza

      Retail space for lease in a busy shopping center.
      406-450 N Main St, East Longmeadow, MA 01028
      View Details
    • $18 SF/Yr
      9,200 SF

      East Longmeadow Office Suites

      Prime Retail/Office Space Available
      50 Shaker Rd, East Longmeadow, MA 01028
      View Details
    • $20 SF/Yr
      2,000 SF

      East Longmeadow Retail/Office Space

      2,000 SF retail or office space on Route 220.
      165 Shaker Rd, East Longmeadow, MA 01028
      View Details
    • $1,600 /Mo

      Retail/Office Space on Shaker Road

      Highly visible retail or office space with on-site parking.
      126-134 Shaker Rd, East Longmeadow, MA 01028
      View Details
    • $1,325 /Mo
      700 SF

      East Longmeadow Commercial Unit For Rent

      High-visibility commercial unit near bike path, restaurants, and town amenities.
      69 Maple St, East Longmeadow, MA 01028
      View Details
    • $18 SF/Yr
      1,500 SF

      Retail/Office Space Available

      1,500 SF ground level retail or office space for rent.
      50-58 Shaker Rd, East Longmeadow, MA 01028
      View Details

    Property Visit Statistics

    • Visits by month
      6.2k
    • Visitors by month
      4.4k
    • Avg Time on site
      31 min
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    East Longmeadow, MA 01028-1809
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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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