COMMERCIAL PROPERTY RECORD CARD |
CITY OF SPRINGFIELD |
Situs: ROOSEVELT AV |
Map ID: 103600515 |
Class: 924: State Highway Dept. |
Card:
1 of 1 |
Assessed Owner |
COMMONWEALTH OF MASSACHUSETTS
SPRINGFIELD MA 01104
|
|
General Information |
|
Living Units: |
|
|
|
Neighborhood: |
|
406 |
|
Alternate: |
|
|
|
Zoning: |
|
SR2B1 |
|
Class: |
|
EXEMPT
|
|
|
|
|
Land Information |
Type |
|
Size |
|
Influence Factors |
Influence % |
Value |
PRIMARY |
ACREAGE |
6.4900 |
|
|
|
1,277,180 |
| Total Acres: 6.4900 | | |
Assessment Information |
|
Assessed |
Appraised |
Cost |
Income |
Market |
Land |
1,277,200 |
1,277,200 |
1,277,200 |
1,277,200 |
0 |
Building |
1,316,100 |
1,316,100 |
1,316,100 |
235,600 |
0 |
Total |
2,593,300 |
2,593,300 |
2,593,300 |
1,512,800 |
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 |
1980-06-24 |
0 |
LAND + BLDG |
TO/FROM GOVERNMENT |
04957 / 0216 |
|
COMMONWEALTH OF MASSACHUSETTS |
| |
Building Information |
Year Built/Eff Year: | | 1981 / |
Building #: | | 1 |
Structure Type: | | 2 OFFICE BLDG LR 1-4ST AVG |
Identical Units: | | 1 |
Total Units: | | |
Grade: | | C |
# Covered Parking: | | |
# Uncovered Parking: | | |
DBA: | | |
|
|
Building Other Features |
Line |
Type |
+/- |
Meas1 |
Meas2 |
# Stops |
Ident Units |
|
1 |
ENCLOSED ENTRY |
|
80 |
1 |
|
1 |
1 |
CANOPY ONLY |
|
126 |
1 |
|
1 |
1 |
OVERHEAD DR-WOOD/MTL |
|
192 |
1 |
|
2 |
| |
Interior / Exterior Information |
Line |
Level From |
-To |
Int Fin |
Area |
Perim |
|
1 |
01 |
01 |
100 |
6,214 |
414 |
2 |
01 |
01 |
100 |
8,640 |
384 |
3 |
01 |
01 |
100 |
6,960 |
356 |
4 |
01 |
01 |
100 |
2,376 |
260 |
5 |
02 |
02 |
100 |
6,420 |
392 |
|
Use Type |
Wall Height |
Ext Walls |
Construction |
Partitions |
Heating |
Cooling |
Plumbing |
Physical |
Functional |
OFFICES |
12 |
Brick & Concrete Block |
FIRE RESISTANT |
NORMAL |
HOT AIR |
UNIT |
NORMAL |
3 |
3 |
PARKING GARAGE |
20 |
Brick & Concrete Block |
FIRE RESISTANT |
NONE |
HOT AIR |
UNIT |
NORMAL |
3 |
3 |
WAREHOUSE |
20 |
Brick & Concrete Block |
FIRE RESISTANT |
NONE |
HOT AIR |
UNIT |
NORMAL |
3 |
3 |
WAREHOUSE |
16 |
Brick & Concrete Block |
FIRE RESISTANT |
NONE |
HOT AIR |
UNIT |
NORMAL |
3 |
3 |
OFFICES |
12 |
Brick & Concrete Block |
FIRE RESISTANT |
NORMAL |
HOT AIR |
UNIT |
NORMAL |
3 |
3 |
| |
Interior/Exterior Valuation Detail |
Line |
Area |
|
Use Type |
% Good |
% Complete |
Value/RCNLD |
1 |
6,214 |
|
OFFICES |
35 |
0.00 |
340,830 |
2 |
8,640 |
|
PARKING GARAGE |
35 |
0.00 |
192,630 |
3 |
6,960 |
|
WAREHOUSE |
35 |
0.00 |
220,020 |
4 |
2,376 |
|
WAREHOUSE |
35 |
0.00 |
87,580 |
5 |
6,420 |
|
OFFICES |
35 |
0.00 |
314,170 |
|
|
Outbuilding Data |
Line |
Type |
Yr Blt |
Meas1 |
Meas2 |
Qty |
Area |
Grade |
Condition |
|
1 |
PAVING ASPHALT PARKING |
2000 |
0 |
|
1 |
94,500 |
|
NORMAL (Comm) |
2 |
GARAGE - MASONRY |
2000 |
40 |
60 |
1 |
2,400 |
|
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 |
04 |
S |
400 |
LOW RISE OFFICE |
0 |
12,634 |
13.25 |
|
167,401 |
07 |
S |
400 |
LIGHT MANUF+WAREHOUSE |
0 |
9,336 |
5.00 |
|
46,680 |
24 |
S |
400 |
MULTI USE STORAGE |
0 |
8,640 |
2.50 |
|
21,600 |
|
Vac Model |
Vac Adj |
Additional Income |
Effective Gross Income |
Expense Model % |
Expense Adj % |
Expense Adj |
Other Expenses |
Total Expenses |
Net Operating Income |
15 |
0 |
0 |
142,291 |
40 |
0 |
0 |
56,916 |
56,916 |
85,375 |
10 |
0 |
0 |
42,012 |
15 |
0 |
0 |
6,302 |
6,302 |
35,710 |
25 |
0 |
0 |
16,200 |
35 |
0 |
0 |
5,670 |
5,670 |
10,530 |
| |
Building Cost Detail - Building 1 of 1 |
Total Gross Bldg Area | 30,610 |
Replace Cost New Less Depr | 1,155,230 |
% Complete | 100 |
# Identical Units | 1 |
Econ Conditions Factor | 0 |
Final Building Value | 1,155,230 |
Value per SF | 37.74 |
|
|
Income Summary (Includes all Buildings on Parcel) |
Total Net Income | 131,615 |
Capitalization Rate | 0.0870 |
Sub Total | 1,512,820 |
Residual Land Value | 0 |
Final Income Value | 1,512,820 |
Total Net Rent Area | 30,610 |
Total Gross Building Area | 30,610 |
|
|
FY 2025 data: property descriptions as of June 30, 2024, and values as of January 1, 2024
Page last updated: Tuesday June 17, 2025 03:49:49 PM