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
|
|
|
|
|
|
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 |
| |
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 Depr | 1,287,510 |
| % 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 |
|
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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