COMMERCIAL PROPERTY RECORD CARD

CITY OF SPRINGFIELD

Situs: 175 PROGRESS AV Map ID: 099450054 Class: 400: Manufacturing Facilities Card:
of 2
Assessed Owner

175 PROGRESS LLC
166 S BLVD UNIT C
WEST SPRINGFIELD MA 01089
General Information
 
Living Units:
 
  Neighborhood:   307
  Alternate:  
  Zoning:   I2
  Class:   I

Photo
Diagram
Land Information
Type   Size   Influence Factors Influence % Value
PRIMARY ACREAGE 3.8800   323,280
 
Total Acres: 3.8800
Assessment Information
  Assessed Appraised Cost Income Market
Land 323,300 323,300 323,300 323,300 0
Building 1,864,300 1,864,300 1,636,700 1,864,300 0
Total 2,187,600 2,187,600 1,960,000 2,187,600 0
 
Value Flag: INCOME APPROACH Manual Override Reason:
Entrance Information
Date ID Entry Code Source
2010-07-29 3 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
2023-05-01 600,000 LAND + BLDG SALE LEASED FEE 175 PROGRESS LLC
1985-05-28 600,000 LAND + BLDG L113 / L122 TUTUNJIAN ROBERT S TR
1980-09-09 0 LAND + BLDG PROPERTY SOLD TO ABUTTER L100 / 0030 NATIONAL METAL FINISHING COMPA
CARD 1 of 2
Building Information
Year Built/Eff Year: 1976 /
Building #: 1
Structure Type: MFG/PROCESSING
Identical Units: 1
Total Units: 
Grade: C
# Covered Parking:  
# Uncovered Parking:  
DBA:  
Building Other Features
Line Type +/- Meas1 Meas2 # Stops Ident Units
1 OVERHEAD DR-WOOD/MTL   64 1 1
1 OVERHEAD DR-WOOD/MTL   96 1 1
2 TRUCK & TRAIN WELLS   900 1 1
2 DOCK LEVELERS   0 1 3
2 OVERHEAD DR-WOOD/MTL   64 1 2
2 OVERHEAD DR-ROLL STL   168 1 1
2 UTILITY BLDG-BRK/STN   128 1 1
3 UTILITY BLDG-BRK/STN   320 1 1
1 SPRINKLER SYS WET   59,118 1 1

Interior / Exterior Information
Line Level From -To Int Fin Area Perim
1 01 01 0 8,393 263
2 01 01 0 23,169 403
3 01 01 0 16,066 544
4 01 01 0 690 106
5 01 01 100 1,650 170
6 02 02 0 1,650 95
7 01 01 0 7,500 400
Use Type Wall Height Ext Walls Construction Partitions Heating Cooling Plumbing Physical Functional
WAREHOUSE 16 Concrete Block FIRE RESISTANT NORMAL UNIT HEAT NONE NORMAL 4 3
WAREHOUSE 18 Metal, Sandwich PRE-ENGINEERED STEEL NORMAL UNIT HEAT NONE NORMAL 4 3
WAREHOUSE 16 Concrete Block FIRE RESISTANT NORMAL UNIT HEAT NONE NORMAL 4 3
WAREHOUSE 13 Concrete Block FIRE RESISTANT NORMAL UNIT HEAT NONE NORMAL 4 3
OFFICES 9 Concrete Block FIRE RESISTANT NORMAL HOT AIR CENTRAL NORMAL 4 3
MULTI USE STORAGE 9 Concrete Block FIRE RESISTANT NORMAL UNIT HEAT NONE NORMAL 4 3
WAREHOUSE 13 Concrete Block FIRE RESISTANT NORMAL UNIT HEAT NONE NORMAL 4 3
Interior/Exterior Valuation Detail
Line Area Use Type % Good % Complete Value/RCNLD
1 8,393     WAREHOUSE 28 0.00 226,990
2 23,169     WAREHOUSE 28 0.00 446,680
3 16,066     WAREHOUSE 28 0.00 340,790
4 690     WAREHOUSE 28 0.00 19,390
5 1,650     OFFICES 28 0.00 72,590
6 1,650     MULTI USE STORAGE 28 0.00 17,880
7 7,500     WAREHOUSE 28 0.00 163,190
Outbuilding Data
Line Type Yr Blt Meas1 Meas2 Qty Area Grade Condition
1 PAVING ASPHALT PARKING 1976 1 4800 1 4,800 NORMAL (Comm)
2 FENCE 1976 1 700 1 700 NORMAL (Comm)
3 CANOPY ONLY 1999 1 308 1 308 GOOD (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 1,650 13.50 22,275
07 S 300 LIGHT MANUF+WAREHOUSE 0 55,818 5.50 306,999
24 S 300 MULTI USE STORAGE 0 1,650 2.50 4,125
46 S 300 MD WHS 0 5,000 5.75 28,750
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 17,820 40 0 0 7,128 7,128 10,692
10 0 0 276,299 15 0 0 41,445 41,445 234,854
25 0 0 3,094 35 0 0 1,083 1,083 2,011
5 0 0 27,313 10 0 0 2,731 2,731 24,582
Building Cost Detail - Building 1 of 2
Total Gross Bldg Area 59,118
Replace Cost New Less Depr1,287,510
% Complete 100
# Identical Units 1
Econ Conditions Factor 0
Final Building Value 1,287,510
Value per SF 21.78
Income Summary (Includes all Buildings on Parcel)
Total Net Income 272,139
Capitalization Rate 0.1244
Sub Total 2,187,610
Residual Land Value 0
Final Income Value 2,187,610
Total Net Rent Area 64,118
Total Gross Building Area 64,118

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

Page last updated:  Monday December 22, 2025 08:28:43 AM