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    Property profile & analytics

    824 Berkshire Ave Springfield, MA 01151-1306

    • Commercial real estate
    • 1,260 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US38-1324910
    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

    • All Task Movers / Mover
    • Economy Motor Sales / Car Dealer / Motorcycle Repair Shop
    • Ceylon Motors and service / Used Car Dealer

    Property Details for 824 Berkshire Ave

    Year built
    1956
    Lot size
    0.67 lot acres
    Property size
    1,260 SF
    Zone code
    SB1I2
    Property type
    Commercial real estate
    APN
    SPRI S:01340 P:0130
    APU
    SPRIS01340P0130

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $240,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $220,000
      Mixed-Use
      $205,000
      Hospitality
      $270,000
      Educational
      $260,000
      Residential Income
      $250,000
      Energy
      $210,000
      Income-Based Land
      $255,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5241
    Latitude
    42.1423
    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
    2020
    $10,078
    $100,100
    $210,700
    $310,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      4,414 SF

      12-14 Pulaski St

      COMMERCIAL (GENERAL) • 4,414 SF
      12-14 Pulaski St, Springfield, MA 01151
      View Details
    • Value Estimation
      $590,000
      26,400 SF

      350 Pasco Rd

      COMMERCIAL (GENERAL) • 26,400 SF
      350 Pasco Rd, Springfield, MA 01151-1938
      View Details
    • Value Estimation by Request
      0.29 Acres

      1060 Worcester St

      Commercial real estate • 0.29 Acres
      1060 Worcester St, Springfield, MA 01151
      View Details
    • Value Estimation
      $1,270,000
      35,600 SF

      91 Pinevale St

      COMMERCIAL (GENERAL) • 35,600 SF
      91 Pinevale St, Springfield, MA 01151-1562
      View Details
    • Value Estimation
      $110,000
      2,644 SF

      6 Rogers Ave

      SHOW ROOM, WAREHOUSE • 2,644 SF
      6 Rogers Ave, Springfield, MA 01151
      View Details
    • Value Estimation by Request
      2,888 SF

      420 Oak St

      COMMERCIAL (GENERAL) • 2,888 SF
      420 Oak St, Springfield, MA 01151-2033
      View Details

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    Property Visit Statistics

    • Visits by month
      1.3k
    • Visitors by month
      1.2k
    • Avg Time on site
      15 min
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    824 Berkshire Ave
    Springfield, MA 01151-1306
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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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