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COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD
Situs: 1676 - 1708 MAIN ST Map ID: 081300159 Class: 340: General Office Card: 1 of 1
Assessed Owner

SACHDEV REAL ESTATE DEVELOPMENT INC
616 SOUTH ST
SUFFIELD CT 06078-2214
General Information
 
Living Units:		  
  Neighborhood:   201
  Alternate:  
  Zoning:   B3
  Class:   COMMERCIAL
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Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY SF 36,743   647,310
 
Total Acres: 0.8435
Assessment Information
  Assessed Appraised Cost Income Market
Land 647,300 647,300 647,300 647,300 0
Building 1,411,200 1,411,200 1,477,400 1,411,200 0
Total 2,058,500 2,058,500 2,124,700 2,058,500 0
 
Value Flag: INCOME APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2023-05-30 HC UNOCCUPIED OTHER
2022-05-13 HC OTHER
2020-10-23 1 ENTRY GAINED OWNER
2020-08-12 1 OTHER
2012-06-18 1 ESTIMATED FOR MISC REASON OWNER
2010-06-24 3 ESTIMATED FOR MISC REASON OTHER
2009-02-24 1 ESTIMATED FOR MISC REASON OTHER
Permit Information
Date Issued Number Price   Purpose % Complete
2019-09-23 19BDOT-00163RE 1400000   EXTERIOR 100
2008-12-04 805447 7000   REPAIR 100
Sales/Ownership History
Transfer Date Price Type Validity Deed Ref. Deed Type Grantee
2024-10-30 750,000 LAND + BLDG MULTIPLE PARCEL - VALID SALE 25630 / 177 SACHDEV REAL ESTATE DEVELOPMENT INC
2011-03-04 1,825,000 LAND + BLDG VALID SALE 18694 / 228 NEW ENGLAND FARM WORKERS COUNCIL INC
1999-08-19 0 LAND + BLDG NO SALE PRICE 10885 / 0121 PARAMOUNT REALTY INVESTMENT LL
1986-07-23 0 LAND + BLDG 06163 / 0365 MASSASOIT ASSOCIATES
1985-07-26 625,000 LAND + BLDG 05860 / 0074 C M C DEVELOPMENT
Building Information
Year Built/Eff Year: 1910 /
Building #: 1
Structure Type: NIGHT/CLUB/DNR THEATER
Identical Units: 1
Total Units: 
Grade: C+
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units
3 STORE FRONT/AV MET F   178 1 1
1 SPRINKLER SYS WET   98,868 1 1

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 B1 B1 0 32,901 841
2 01 01 100 23,261 897
3 01 01 100 9,952 399
4 01 01 0 450 102
5 02 02 100 10,000 400
6 02 03 0 2,227 200
7 03 03 100 9,250 380
8 04 04 100 8,600 360
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
SUPPORT AREA 8 none FIRE RESISTANT NONE NONE NONE NONE 1 1
BAR LOUNGE 12 Brick Veneer FIRE RESISTANT NORMAL HW/STEAM NONE NORMAL 2 2
MULTI-USE RETAIL 12 Brick Veneer FIRE RESISTANT NORMAL HW/STEAM NONE NORMAL 2 2
MULTI USE STORAGE 10 Brick Veneer FIRE RESISTANT NONE NONE NONE NORMAL 2 2
MULTI-USE OFFICE 12 Brick Veneer FIRE RESISTANT NORMAL HW/STEAM NONE NORMAL 1 2
MULTI USE STORAGE 10 Brick Veneer FIRE RESISTANT NONE HW/STEAM NONE NORMAL 1 2
MULTI-USE OFFICE 12 Brick Veneer FIRE RESISTANT NORMAL HW/STEAM NONE NORMAL 1 2
MULTI USE STORAGE 10 Brick Veneer FIRE RESISTANT NORMAL HW/STEAM NONE NORMAL 1 2
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 32,901     SUPPORT AREA 8 0.00 129,170
2 23,261     BAR LOUNGE 24 0.00 674,260
3 9,952     MULTI-USE RETAIL 24 0.00 318,120
4 450     MULTI USE STORAGE 24 0.00 9,940
5 10,000     MULTI-USE OFFICE 14 0.00 134,900
6 2,227     MULTI USE STORAGE 14 0.00 31,810
7 9,250     MULTI-USE OFFICE 14 0.00 125,170
8 8,600     MULTI USE STORAGE 14 0.00 54,030
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 0 329 0.00 0
16 S 201 RESTAURANT 0 23,261 14.00 70 227,958
23 S 201 MULTI-USE SALES 0 9,952 13.50 70 94,046
24 S 201 MULTI USE STORAGE 0 13,504 2.50 50 16,880
25 S 201 MULTI-USE OFFICE 0 19,250 14.50 50 139,563
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 0 193,764 20 0 0 38,753 38,753 155,011
20 0 0 75,237 30 0 0 22,571 22,571 52,666
25 0 0 12,660 35 0 0 4,431 4,431 8,229
40 0 0 83,738 68 0 0 56,942 56,942 26,796
Building Cost Detail - Building 1 of 1
Total Gross Bldg Area 98,868
Replace Cost New Less Depr1,477,400
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 1,477,400
Value per SF 14.94
Income Summary (Includes all Buildings on Parcel)
Total Net Income 242,702
Capitalization Rate 0.1179
Sub Total 2,058,540
Residual Land Value 0
Final Income Value 2,058,540
Total Net Rent Area 66,296
Total Gross Building Area 98,868

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

Page last updated:  Wednesday November 19, 2025 02:05:20 PM