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    Property profile & analytics

    1 Australia Way Turners Falls, MA 01376-1616

    • Industrial properties
    • 49,575 SF
    • 8.89 lot acres
    OFF-MARKET
    Value Estimation
    $1,050,000
    Last Sale
    May 29, 2024
    $1,000,000
    Location Intelligence
    Property ID
    US38-0596325
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / Women'S Clothing Store / Jewelry Store
    • Party City / Balloon Store / Candy Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 1 Australia Way

    Year built
    1990
    Construction
    STEEL FRAME
    Lot size
    8.89 lot acres
    Property size
    49,575 SF
    Zone code
    ID
    Property type
    Industrial properties
    APN
    MONT M:0017 B:0000 L:37
    APU
    MONTM0017B0000L37

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $970,000
      6.5%
      $1,095,000
      7%
      $1,105,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,250,000
      Geo Method
      $1,035,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,250,000
      Retail
      $1,350,000
      Mixed-Use
      $1,150,000
      Hospitality
      $965,000
      Educational
      $1,260,000
      Residential Income
      $1,055,000
      Energy
      $1,315,000
      Income-Based Land
      $1,050,000
      Food Service
      $1,150,000

    Location Insight

    • Map
    • Local Demand
    City
    Turners Falls
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.5302
    Latitude
    42.5916
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $64,152
    $425,900
    $2,348,500
    $2,774,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      184,872 SF

      124 Tpke Rd

      INDUSTRIAL (GENERAL) • 184,872 SF
      124 Tpke Rd, Turners Falls, MA 01376-2609
      View Details
    • Value Estimation by Request
      6,862 SF

      10 Industrial Blvd

      INDUSTRIAL (GENERAL) • 6,862 SF
      10 Industrial Blvd, Turners Falls, MA 01376-1608
      View Details
    • Value Estimation by Request
      51.60 Acres

      11 Cabot St

      INDUSTRIAL (GENERAL) • 51.60 Acres
      11 Cabot St, Turners Falls, MA 01376-2512
      View Details
    • Value Estimation by Request
      28,900 SF

      18 Industrial Blvd

      INDUSTRIAL (GENERAL) • 28,900 SF
      18 Industrial Blvd, Turners Falls, MA 01376-1608
      View Details
    • Value Estimation by Request
      68,650 SF

      199 Industrial Blvd

      WAREHOUSE, STORAGE • 68,650 SF
      199 Industrial Blvd, Turners Falls, MA 01376-1611
      View Details
    • Value Estimation
      $310,000
      4,531 SF

      5 Millers Fls Rd

      MANUFACTURING (LIGHT) • 4,531 SF
      5 Millers Fls Rd, Turners Falls, MA 01376
      View Details

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    1 Australia Way
    Turners Falls, MA 01376-1616
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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
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