85 Elm St West Springfield, MA 01089-2704
Property profile & analytics
85 Elm St West Springfield, MA 01089-2704
- Banks
- 11,578 SF
- 0.20 lot acres
Property ID
US38-0550110
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.
Location Intelligence
Current Use by Public Records
- Holyoke Credit Union / Credit Union
Property Details for 85 Elm St
- Year built
- 1940
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.20 lot acres
- Property size
- 11,578 SF
- Property type
- Banks
- APN
- WSPR M:00102 B:05300 L:00041
- APU
- WSPRM00102B05300L00041
Description
Exceptional investment opportunity: a 11,578 square foot, two-story warehouse located at 85 Elm Street in West Springfield, Massachusetts. This free-standing commercial building sits on a 0.2-acre corner lot in the heart of the downtown area, offering high visibility and excellent foot traffic. The property boasts 25 deeded parking spaces, a significant advantage in this location. Constructed of stone and concrete, the building features a membrane roof and is serviced by public water and sewer. The building's prime location offers easy access to major highways and public transportation, placing it within the central business district and near City Hall, police and fire departments, schools, restaurants, banks, and national brand stores. Currently housing several long-term tenants, including a major credit union with recently remodeled first-floor space, this property presents a strong revenue-generating opportunity. The APN is M:00102 B:05300 L:00041. This income-producing asset is zoned for commercial use and represents a compelling addition to any investment portfolio or a solid foundation for a new one. Detailed financial statements are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $410,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $890,000
Market price range: $891k - $1.74M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6227
- Latitude
- 42.1061
- 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
$35,045
$107,700
$1,068,300
$1,176,000
-
$0.00
$0.00
$0.00
