Property profile

1 State St Palmer, MA 01069

OFF-MARKET
Sports & entertainment properties
Property ID
US38-0414406
4,692 SF 0.44 ac lot Built 1879
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1879
Construction FRAME
Total area 4,692 SF
Lot 0.44 ac (19,166 SF)
Zoning code VC3
APN PALM M:88 B:84
UPID US38-0414406

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 State St Palmer, MA 01069
Palmer metro Census 810200 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2025
Last sale
$165,000
6 recorded transactions
2025
$372,000
2023
$165,000
2023
$340,000
2019
Price N/A
2018
Price N/A
2018
$40,000

Zoning & alternative use

VC3 · Palmer, MA
Zoning description

It is the purpose of this bylaw to allow for the orderly and planned development of the Village of Bondsville.

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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