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    Property profile & analytics

    848 Elm St West Springfield, MA 01089-2664

    • Warehouses
    • 4,500 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US38-1122946
    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

    • Warehouses

    Property Details for 848 Elm St

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.62 lot acres
    Property size
    4,500 SF
    Property type
    Warehouses
    APN
    WSPR M:00102 B:08400 L:00040
    APU
    WSPRM00102B08400L00040

    Description

    This exceptional 4,500-square-foot commercial property in West Springfield, Massachusetts, offers a unique blend of office and industrial space, ideal for a variety of businesses. Situated on a one-acre lot at 848 Elm Street, this single-tenant building boasts 18-foot ceilings in the rear warehouse area, perfect for storage or manufacturing. Two 12' x 12' drive-in doors provide easy access for loading and unloading. The front of the building features office space, ready for tenant build-out to meet specific needs. The property includes five 3-phase 100-amp electrical panels, ensuring ample power for operations. Conveniently located off Route 5, providing easy access to Interstates 90 and 91, this location offers excellent regional accessibility. The property also features paved on-site parking with ample space for circulation and access to the building's rear and side. Built in 1970, this property is zoned BA within Hampden County and offers a total of 4,500 square feet of completely vacant space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $205,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $195,000
      Mixed-Use
      $170,000
      Hospitality
      $190,000
      Educational
      $220,000
      Residential Income
      $215,000
      Energy
      $195,000
      Income-Based Land
      $230,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6252
    Latitude
    42.1161
    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
    $10,525
    $119,000
    $234,200
    $353,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $250,000
      4,539 SF

      47 Roanoke Ave

      WAREHOUSE, STORAGE • 4,539 SF
      47 Roanoke Ave, West Springfield, MA 01089-1236
      View Details
    • Value Estimation
      $410,000
      12,288 SF

      77 Myron St

      WAREHOUSE, STORAGE • 12,288 SF
      77 Myron St, West Springfield, MA 01089-1474
      View Details
    • Value Estimation
      $280,000
      7,440 SF

      89 Myron St

      WAREHOUSE, STORAGE • 7,440 SF
      89 Myron St, West Springfield, MA 01089-1474
      View Details
    • Value Estimation
      $260,000
      5,130 SF

      1420 Un St Ext

      WAREHOUSE, STORAGE • 5,130 SF
      1420 Un St Ext, West Springfield, MA 01089-4025
      View Details
    • Value Estimation
      $260,000
      3,200 SF

      190 Doty Cir

      WAREHOUSE, STORAGE • 3,200 SF
      190 Doty Cir, West Springfield, MA 01089-1310
      View Details
    • Value Estimation
      $310,000
      1,296 SF

      173 Elm St

      BULK STORAGE, TANKS • 1,296 SF
      173 Elm St, West Springfield, MA 01089-2726
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      West Springfield Office Building For Sale

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    Similar Nearby for Lease

    • $1,850 /Mo

      West Springfield Warehouse/Storage Space

      1990 sqft warehouse space suitable for various business ventures.
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    • $13 SF/Yr
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      4,451 SF warehouse space for rent in West Springfield.
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    • $5,250 /Mo
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      West Springfield Commercial Space Available

      Commercial space with office and warehouse areas for lease.
      848 E Elm St, West Springfield, MA 01089
      View Details
    • $2,100 /Mo

      Warehouse Office Combination For Rent

      Warehouse with office space and one overhead door, convenient location.
      163 Doty Cir, West Springfield, MA 01089
      View Details
    • $16 SF/Yr
      1,700 SF

      West Springfield Warehouse with Office

      Flex space near major routes, featuring an overhead door.
      161 Doty Cir, 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
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    848 Elm St
    West Springfield, MA 01089-2664
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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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