COMMERCIAL PROPERTY RECORD CARD |
CITY OF SPRINGFIELD |
| Situs: 125 LIBERTY ST |
Map ID: 077700645 |
Class: 342: Medical Office |
Card Number:
of 1 |
| Assessed Owner |
125 LIBERTY LLC 125 LIBERTY ST SPRINGFIELD MA 01103
|
|
| General Information |
| |
Living Units: |
|
|
| |
Neighborhood: |
|
204 |
| |
Alternate: |
|
|
| |
Zoning: |
|
B2 |
| |
Class: |
|
COMMERCIAL
|
|
|
|
|
|
Land Information |
| Type |
|
Size |
|
Influence Factors |
Influence % |
Value |
| PRIMARY |
SF |
94,063 |
|
|
|
535,770 |
| | | Total Acres: 2.1594 | | |
Assessment Information |
| |
Assessed |
Appraised |
Cost |
Income |
Market |
| Land |
535,800 |
535,800 |
535,800 |
535,800 |
0 |
| Building |
1,028,000 |
1,028,000 |
1,085,900 |
1,028,000 |
0 |
| Total |
1,563,800 |
1,563,800 |
1,621,700 |
1,563,800 |
0 |
| |
| Value Flag: INCOME APPROACH |
Manual Override Reason: |
|
|
Entrance Information |
| Date |
ID |
Entry Code |
Source |
| 2025-01-31 |
HC |
ENTRY GAINED |
OTHER |
| 2024-07-09 |
HC |
ENTRY GAINED |
OTHER |
| 2020-06-02 |
1 |
|
OTHER |
| 2010-06-28 |
FG |
ESTIMATED FOR MISC REASON |
OTHER |
| 2008-07-15 |
1 |
ENTRY GAINED |
OTHER |
| |
Permit Information |
| Date Issued |
Number |
Price |
|
Purpose |
% Complete |
|
| 2024-03-20 |
OT-00050AL |
4775 |
|
AL |
100 |
| 2020-01-02 |
20BDOT-00001RE |
8000 |
|
DOORS |
100 |
| 2019-09-16 |
19BLDOT-00143AL |
17623 |
|
REMODEL |
100 |
| 2018-02-27 |
18BLDOT-00049AL |
14820 |
|
REPAIR |
100 |
| 2018-01-25 |
18BLDOT-00023AL |
1800 |
|
OTHER |
100 |
| 2018-01-03 |
18BLDOT-00002AL |
40027 |
|
REMODEL |
100 |
| 2016-09-09 |
16BLDOT-00189AL |
94000 |
|
OTHER |
|
| |
Sales/Ownership History |
| Transfer Date |
Price |
Type |
Validity |
Deed Ref. |
Deed Type |
Grantee |
| 2026-07-20 |
100 |
LAND + BLDG |
TRANSFER OF CONVENIENCE |
26424 / 530 |
|
125 LIBERTY LLC |
| 2024-12-06 |
945,000 |
LAND + BLDG |
QUESTIONABLE SALE/OUTLIER |
25683 / 421 |
|
125 LIBERTY LLC |
| 1984-02-01 |
0 |
LAND + BLDG |
NEW PARCEL |
L109 / LC60 |
|
CUNNINGHAM ROBERT P |
| 1984-02-01 |
0 |
LAND + BLDG |
NEW PARCEL |
05564 / 0056 |
|
LIBERTY MEDICAL BUILDING ASSOC |
| 1984-02-01 |
0 |
LAND + BLDG |
NEW PARCEL |
05564 / 0051 |
|
CUNNINGHAM ROBERT P |
| |
Building Information |
| Year Built/Eff Year: | | 1965 / |
| Building #: | | 1 |
| Structure Type: | | MEDICAL OFFICE BLDG |
| Identical Units: | | 1 |
| Total Units: | | |
| Grade: | | C |
| # Covered Parking: | | |
| # Uncovered Parking: | | |
| DBA: | | |
|
|
Building Other Features |
| Line |
Type |
+/- |
Meas1 |
Meas2 |
# Stops |
Ident Units |
|
| 1 |
ELEVATOR HYDRAULIC PASNGR |
|
2,000 |
125 |
5 |
2 |
| 2 |
CANOPY ONLY |
|
44 |
1 |
|
1 |
| 2 |
CANOPY ONLY |
|
36 |
1 |
|
3 |
| 2 |
CANOPY ONLY |
|
60 |
1 |
|
1 |
| 1 |
SPRINKLER SYS WET |
|
54,720 |
1 |
|
1 |
| |
Interior / Exterior Information |
| Line |
Level From |
-To |
Int Fin |
Area |
Perim |
|
| 1 |
B1 |
B1 |
100 |
10,944 |
224 |
| 2 |
01 |
01 |
100 |
10,944 |
448 |
| 4 |
02 |
04 |
100 |
10,944 |
224 |
|
| Use Type |
Wall Height |
Ext Walls |
Construction |
Partitions |
Heating |
Cooling |
Plumbing |
Physical |
Functional |
| MULTI-USE OFFICE |
12 |
none |
FIRE RESISTANT |
NORMAL |
HOT AIR |
CENTRAL |
NORMAL |
2 |
2 |
| MEDICAL CENTER |
12 |
Brick Veneer |
FIRE RESISTANT |
NORMAL |
HOT AIR |
CENTRAL |
NORMAL |
3 |
3 |
| MEDICAL CENTER |
12 |
Brick Veneer |
FIRE RESISTANT |
NORMAL |
HOT AIR |
CENTRAL |
NORMAL |
3 |
3 |
| |
Interior/Exterior Valuation Detail |
| Line |
Area |
|
Use Type |
% Good |
% Complete |
Value/RCNLD |
| 1 |
10,944 |
|
MULTI-USE OFFICE |
33 |
|
512,700 |
| 2 |
10,944 |
|
MEDICAL CENTER |
44 |
|
1,009,350 |
| 4 |
10,944 |
|
MEDICAL CENTER |
44 |
|
2,717,880 |
|
|
Outbuilding Data |
| Line |
Type |
Yr Blt |
Meas1 |
Meas2 |
Qty |
Area |
Grade |
Condition |
|
| 1 |
PAVING ASPHALT PARKING |
1965 |
0 |
|
1 |
75,000 |
|
NORMAL (Comm) |
| 2 |
LIGHT 1 FIX |
1965 |
1 |
1 |
4 |
1 |
|
NORMAL (Comm) |
| 3 |
LIGHT 2 FIX |
1965 |
1 |
1 |
4 |
1 |
|
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 |
| 10 |
S |
200 |
MEDICAL OFFICE |
0 |
43,776 |
19.25 |
70 |
589,882 |
| 25 |
S |
200 |
MULTI-USE OFFICE |
0 |
10,944 |
14.50 |
50 |
79,344 |
|
| Vac Model |
Vac Adj |
Additional Income |
Effective Gross Income |
Expense Model % |
Expense Adj % |
Expense Adj |
Other Expenses |
Total Expenses |
Net Operating Income |
| 5 |
500 |
0 |
442,412 |
25 |
0 |
250 |
276,508 |
276,508 |
165,904 |
| 40 |
0 |
0 |
47,606 |
70 |
0 |
0 |
33,324 |
33,324 |
14,282 |
| |
Building Cost Detail - Building 1 of 1 |
| Total Gross Bldg Area | 54,720 |
| Replace Cost New Less Depr | 4,239,930 |
| % Complete | 0 |
| # Identical Units | 1 |
| Econ Conditions Factor | 25 |
| Final Building Value | 1,059,983 |
| Value per SF | 77.48 |
|
|
Income Summary (Includes all Buildings on Parcel) |
| Total Net Income | 180,186 |
| Capitalization Rate | 0.1152 |
| Sub Total | 1,563,840 |
| Residual Land Value | 0 |
| Final Income Value | 1,563,840 |
| Total Net Rent Area | 54,720 |
| Total Gross Building Area | 54,720 |
|
|
FY 2026 data: property descriptions as of June 30, 2025, and values as of January 1, 2025
Page last updated: Thursday October 1, 2026 10:16:15 AM