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    1361 Memorial Dr Chicopee, MA 01020

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    For Lease
    $799,000

    Single tenant building, formerly a veterinary clinic, available for lease.

    Property size:
    2,604 SF
    Lot size:
    0.46 Acres

    Property Features for 1361 Memorial Dr

    General Information

    Size
    2,604 SF
    Lot size
    0.46 Acres

    Source: SR Commercial Realty Agent Jeremy Casey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Single Tenant Building For Lease

    This single-tenant building, previously occupied by a veterinary clinic, is available for lease. The property encompasses 2,604 square feet. As part of the lease agreement, the tenant assumes responsibility for all utility expenses. The landlord is responsible for the maintenance and repair of the roof and the building's structural components.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5746867
    Latitude
    42.1946393

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    FAQs

    What type of property is this?
    Office building - Single tenant building, formerly a veterinary clinic, available for lease.
    Where is this office building located?
    The property is located at 1361 Memorial Dr Chicopee, MA.
    What are key features of this property?
    This property features: - Single tenant building; - Tenant responsible for all utilities; - Landlord responsible for roof and structure
    (413) 505-9010
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    1361 Memorial Dr Chicopee, MA 01020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1361 Memorial Dr Chicopee, MA 01020
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