COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 485 - 493 CENTRAL ST Map ID: 025600114 Class: 325: Small Retail And Service Stores Under 10 Card: 1 of 1
Assessed Owner

D & F CENTRAL TRUST LLC
31 HUNT ST
SPRINGFIELD MA 01108
General Information
 
Living Units:
 
  Neighborhood:   705
  Alternate:  
  Zoning:   B2
  Class:   COMMERCIAL

Photo
Diagram
Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY SF 11,974   47,110
 
Total Acres: 0.2749
Assessment Information
  Assessed Appraised Cost Income Market
Land 47,100 47,100 47,100 47,100 0
Building 72,700 72,700 67,000 72,700 0
Total 119,800 119,800 114,100 119,800 0
 
Value Flag: INCOME APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2010-08-25 1 ESTIMATED FOR MISC REASON OTHER
2009-06-12 3 NOT AT HOME OTHER
Permit Information
Date Issued Number Price   Purpose % Complete
Sales/Ownership History
Transfer Date Price Type Validity Deed Ref. Deed Type Grantee
2015-07-10 0 LAND + BLDG TO/FROM GOVERNMENT 20782 / 578 D & F CENTRAL TRUST LLC
2015-03-11 0 LAND + BLDG TO/FROM GOVERNMENT 20621 / 559 SPRINGFIELD CITY OF
2011-02-25 48,000 LAND + BLDG VALID SALE 18685 / 115 D&F CENTRAL TRUST LLC
2010-11-15 45,000 LAND + BLDG COURT ORDER/DECREE 18546 / 524 ROY PROPERTIES LLC
1967-03-01 0 3243 / 569 BLOCK MERRILL & EDWARD
Building Information
Year Built/Eff Year: 1910 /
Building #: 1
Structure Type: RETAIL SINGLE OCCUP
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 B1 B1 0 2,835 216
2 01 01 100 1,180 146
3 02 02 0 1,253 172
5 01 01 1,655 120
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
SUPPORT AREA 8 none WOOD FRAME/JOIST/BEAM NONE NONE NONE NONE 1 1
RETAIL STORE 8 Frame WOOD FRAME/JOIST/BEAM NORMAL HW/STEAM NONE NORMAL 1 2
MULTI USE STORAGE 8 Frame WOOD FRAME/JOIST/BEAM NORMAL HW/STEAM NONE NORMAL 1 1
WAREHOUSE 8 Frame WOOD FRAME/JOIST/BEAM NONE HW/STEAM NONE NORMAL 1 2
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 2,835     SUPPORT AREA 8 0.00 7,430
2 1,180     RETAIL STORE 14 0.00 21,850
3 1,253     MULTI USE STORAGE 8 0.00 4,210
5 1,655     WAREHOUSE 14 0.00 14,770
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
1 GARAGE - COMM MASONRY 1979 1 576 1 576 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
00 S 001 NO INCOME CONTRIBUTION 0 28 0.00 0
03 S 700 RETAIL 0 1,180 13.25 70 10,945
07 S 700 LIGHT MANUF+WAREHOUSE 0 1,655 5.50 70 6,372
24 S 700 MULTI USE STORAGE 0 1,253 2.50 70 2,193
Vac Model Vac Adj Additional Income Effective Gross Income Expense Model % Expense Adj % Expense Adj Other Expenses Total Expenses Net Operating Income
0 0 0 0 0 0 0 0 0 0
10 0 0 9,851 20 0 0 1,970 1,970 7,881
10 0 0 5,735 15 0 0 860 860 4,875
25 0 0 1,645 35 0 0 576 576 1,069
Building Cost Detail - Building 1 of 1
Total Gross Bldg Area 6,923
Replace Cost New Less Depr48,260
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 48,260
Value per SF 6.97
Income Summary (Includes all Buildings on Parcel)
Total Net Income 13,825
Capitalization Rate 0.1154
Sub Total 119,800
Residual Land Value 0
Final Income Value 119,800
Total Net Rent Area 4,116
Total Gross Building Area 6,923

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

Page last updated:  Tuesday June 17, 2025 10:51:34 PM