COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 72 ARMORY ST Map ID: 006450017 Class: 326: Eating And Drinking Establishments Card: 1 of 1
Assessed Owner

DOULAKIS JOHN & AFRODITE
2 MANSION WOODS DR
UNIT C
AGAWAM MA 01001
General Information
 
Living Units:
 
  Neighborhood:   703
  Alternate:  
  Zoning:   B1
  Class:   COMMERCIAL

Photo
Diagram
Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY SF 6,227   60,850
 
Total Acres: 0.1430
Assessment Information
  Assessed Appraised Cost Income Market
Land 60,900 60,900 60,900 60,900 0
Building 71,800 71,800 71,800 76,200 0
Total 132,700 132,700 132,700 137,100 0
 
Value Flag: COST APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2010-08-12 1 ESTIMATED FOR MISC REASON OTHER
Permit Information
Date Issued Number Price   Purpose % Complete
Sales/Ownership History
Transfer Date Price Type Validity Deed Ref. Deed Type Grantee
2012-08-14 0 LAND + BLDG COURT ORDER/DECREE 19393 / 517 DOULAKIS JOHN & AFRODITE
1989-01-31 0 LAND + BLDG 07086 / 0159 DOULAKIS IOANNIS
1982-07-01 34,000 LAND + BLDG 05275 / 0281 DOULAKIS, E. PAPADOCONSTANTAKI
Building Information
Year Built/Eff Year: 1930 /
Building #: 1
Structure Type: RESTAURANT
Identical Units: 1
Total Units: 
Grade: C-
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 01 01 100 1,196 144
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
RESTAURANT 14 Brick & Concrete Block FIRE RESISTANT NORMAL HOT AIR CENTRAL NORMAL 4 3
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 1,196     RESTAURANT 40 0.00 66,320
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
1 PAVING ASPHALT PARKING 1995 1 4000 1 4,000 NORMAL (Comm)
2 SHED - METAL 2002 1 96 1 96 NORMAL (Comm)
Income Detail (Includes all Buildings on Parcel)
Use Grp Mod Type Inc Mod Model Description Units Net Area Income Rate Econ Adjust Potential Gross Income
16 S 700 RESTAURANT 0 1,196 13.25 150 23,771
Vac Model Vac Adj Additional Income Effective Gross Income Expense Model % Expense Adj % Expense Adj Other Expenses Total Expenses Net Operating Income
15 0 0 20,205 20 0 0 4,041 4,041 16,164
Building Cost Detail - Building 1 of 1
Total Gross Bldg Area 1,196
Replace Cost New Less Depr66,320
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 66,320
Value per SF 55.45
Income Summary (Includes all Buildings on Parcel)
Total Net Income 16,164
Capitalization Rate 0.1179
Sub Total 137,100
Residual Land Value 0
Final Income Value 137,100
Total Net Rent Area 1,196
Total Gross Building Area 1,196

FY 2025 data: property descriptions as of June 30, 2024, and values as of January 1, 2024

Page last updated:  Wednesday June 18, 2025 07:27:19 AM