COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 85 CARANDO DR Map ID: 023470036 Class: 401: Manufacturing Warehouse Facilities Card:
of 2
Assessed Owner

85-87 CARANDO REALTY LLC
37 LIBERTY DR
HERMON ME 04401-1130
General Information
 
Living Units:
 
  Neighborhood:   307
  Alternate:  
  Zoning:   I2
  Class:   I

Photo
Diagram
Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY ACREAGE 1.5770   136,740
 
Total Acres: 1.5770
Assessment Information
  Assessed Appraised Cost Income Market
Land 136,700 136,700 136,700 136,700 0
Building 775,200 775,200 777,200 775,200 0
Total 911,900 911,900 913,900 911,900 0
 
Value Flag: INCOME APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2010-07-22 FG 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
2025-05-09 1,300,000 LAND + BLDG VALID SALE 25857 / 496 85-87 CARANDO REALTY LLC
2025-05-09 1,300,000 LAND + BLDG VALID SALE 85-87 CARANDO REALTY LLC
2019-06-05 0 LAND + BLDG TRANSFER OF CONVENIENCE 22695 / 576 GRANT REALTY LLC
1986-04-30 53,696 LAND + BLDG ASSUMED MORTGAGE 6073 / 13 GRANT RONALD K
CARD 1 of 2
Building Information
Year Built/Eff Year: 1986 /
Building #: 1
Structure Type: MODERN WHS/MANF
Identical Units: 1
Total Units: 
Grade: C
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units
1 CANOPY ROOF/SLAB   300 1 1
1 ENCLOSED ENTRY   80 1 1
1 OVERHEAD DR-WOOD/MTL   168 1 2

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 01 01 7,640 390
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
MODERN JOB SHOP 10 Metal, Sandwich PRE-ENGINEERED STEEL NORMAL HOT AIR NONE NORMAL 3 3
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 7,640     MODERN JOB SHOP 59 0.00 408,820
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
1 PAVING ASPHALT PARKING 1986 0 1 20,000 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
04 S 300 LOW RISE OFFICE 0 2,000 13.50 27,000
47 S 300 MD JOB SHOP 0 9,640 8.00 77,120
Vac Model Vac Adj Additional Income Effective Gross Income Expense Model % Expense Adj % Expense Adj Other Expenses Total Expenses Net Operating Income
20 0 0 21,600 40 0 0 8,640 8,640 12,960
5 0 0 73,264 15 0 0 10,990 10,990 62,274
Building Cost Detail - Building 1 of 2
Total Gross Bldg Area 7,640
Replace Cost New Less Depr408,820
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 408,820
Value per SF 53.51
Income Summary (Includes all Buildings on Parcel)
Total Net Income 75,234
Capitalization Rate 0.0825
Sub Total 911,930
Residual Land Value 0
Final Income Value 911,930
Total Net Rent Area 11,640
Total Gross Building Area 11,640

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

Page last updated:  Thursday June 19, 2025 04:40:15 AM