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COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD
Situs: 139 - 141 LYMAN ST Map ID: 080300058 Class: 937: Improved, Tax Title/Treasurer Card: 1 of 1
Assessed Owner

SPRINGFIELD CITY OF
36 COURT ST
SPRINGFIELD MA 01103
General Information
 
Living Units:		  
  Neighborhood:   206
  Alternate:  
  Zoning:   I2
  Class:   EXEMPT
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Diagram
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Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY SF 5,000   30,000
 
Total Acres: 0.1148
Assessment Information
  Assessed Appraised Cost Income Market
Land 30,000 30,000 30,000 30,000 0
Building 218,400 218,400 218,400 240,500 0
Total 248,400 248,400 248,400 270,500 0
 
Value Flag: COST APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
Permit Information
Date Issued Number Price   Purpose % Complete
Sales/Ownership History
Transfer Date Price Type Validity Deed Ref. Deed Type Grantee
2009-09-02 0 LAND + BLDG TO/FROM GOVERNMENT 17970 / 120 SPRINGFIELD CITY OF
2003-03-18 500 LAND + BLDG TRANSFER OF CONVENIENCE 13035 / 0451 THE FARMINGTON COMPANY LLC
1990-02-09 0 LAND + BLDG REPOSSESSION 07386 / 0409 SLATE ROGER & RICHARD CROWLEY
1986-09-25 375,000 LAND + BLDG 06236 / 0508 DOWNSIDE ENTERPRISES INC
Building Information
Year Built/Eff Year: 1910 /
Building #: 1
Structure Type: WAREHOUSE
Identical Units: 1
Total Units: 
Grade: C
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units
2 CANOPY RF-ECONOMY   774 1 1
2 ELEVATOR HYDRAULIC FREIGHT   2,000 100 6 1

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 B1 B1 0 4,250 270
2 01 01 0 4,250 270
3 02 06 0 4,250 270
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
SUPPORT AREA 8 none FIRE RESISTANT NONE NONE NONE BELOW NORMAL 1 1
OFFICES 12 Concrete Load Bearing FIRE RESISTANT NONE UNIT HEAT NONE BELOW NORMAL 2 2
MULTI LEVEL MILL 10 Concrete Load Bearing FIRE RESISTANT NONE UNIT HEAT NONE BELOW NORMAL 2 2
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 4,250     SUPPORT AREA 5 0.00 8,390
2 4,250     OFFICES 13 0.00 81,230
3 4,250     MULTI LEVEL MILL 13 0.00 128,820
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
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 43 0.00 0
04 S 200 LOW RISE OFFICE 0 4,250 14.50 50 30,813
32 S 200 MILL 0 21,250 3.50 50 37,188
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
15 0 0 26,191 45 0 0 11,786 11,786 14,405
35 0 0 24,172 60 0 0 14,503 14,503 9,669
Building Cost Detail - Building 1 of 1
Total Gross Bldg Area 29,750
Replace Cost New Less Depr218,440
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 218,440
Value per SF 7.34
Income Summary (Includes all Buildings on Parcel)
Total Net Income 24,074
Capitalization Rate 0.0890
Sub Total 270,490
Residual Land Value 0
Final Income Value 270,490
Total Net Rent Area 25,543
Total Gross Building Area 29,750

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

Page last updated:  Wednesday June 18, 2025 02:41:48 PM