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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Turn key restaurants
1015 Ss St, Pittsfield, MA 01201-8211
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-0197346
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1796
Construction
FRAME
Total area
12,945 SF
Lot
8.61 ac (374,877 SF)
Zoning code
LDI
APN
PITT M:H02 B:0002 L:221
UPID
US38-0197346
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mazzeo's Ristorante Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$854k
Blend (final)
Blend
$720k
Owner & transaction history
1015 South Street LLC · 16 yrs held
1015 South Street LLC
since 2009
7 recorded transactions
Zoning & alternative use
LDI · Pittsfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$56 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$31,862
Tax year 2024
Assessed value
$804,400
Assessed 2024
Previous assessed
$804,400
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$211,200
Assessed improvement
$593,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1796
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
12,945 SF
Lot
8.61 ac (374,877 SF)
Zoning code
LDI
APN
PITT M:H02 B:0002 L:221
UPID
US38-0197346
Jurisdiction
PITTSFIELD
Zoning & alternative use
LDI · Pittsfield, MA
Zoning LDI · permitted uses
LDI · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1796
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
8.61 ac
Current owner
From public records · entity-resolved
1015 South Street LLC
Entity
Mailing address
1015 SS ST, PITTSFIELD, MA 01201-8211
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2009
$460,000
1015 South Street LLC
Toole Prop INC
Grant Deed
$1,150,000 · Thomas A Ricchi
Aug 15, 2008
—
Toole Prop INC
—
Deed Of Trust
related
$210,000 · Thomas A Ricchi
Dec 7, 2004
—
Toole Prop INC
—
Deed Of Trust
related
$15,000 · Pitt Community Dev
Apr 29, 2004
—
Toole Properties INC
—
Deed Of Trust
related
$200,000 · Thomas A Ricchi
Oct 30, 2003
—
Toole Properties INC
—
Deed Of Trust
related
$262,500 · Lee Bank
May 1, 2003
$450,000
Toole Properties INC
Stevens,krista M
Grant Deed
$1,200,000 · Thomas A Ricchi
May 1, 2003
—
Toole Prop INC
—
Grant Deed
related
$240,000 · William L Stevens
Mar 14, 2003
—
Krista M Stevens
—
Deed Of Trust
related
$91,958 · Greylock FCU
Nov 8, 2000
—
William L Stevens
—
Deed Of Trust
related
$113,000 · City Savings Bank
Dec 20, 1999
$50,000
Ridge Re Estate LP Fox
Woodmont Dev Corp
Grant Deed
—
Nov 16, 1999
$350,000
William L Stevens
Fox Ridge Re LP
Grant Deed
—
May 7, 1998
—
Ridge Real Est LP Fox
—
Deed Of Trust
related
$18,000 · South Mountain Dev
Mar 18, 1997
—
Ridge LP Fox
—
Deed Of Trust
related
$70,000 · Thomas C Odonnell
Mar 7, 1997
$70,000
Ridge Nt Fox
Odonnell,william C
Grant Deed
—
Apr 26, 1991
—
William C O'donnell
—
Deed Of Trust
related
$86,050 · First Agricultural Bank
Jun 21, 1989
—
William C O'donnell
—
Deed Of Trust
related
$99,535 · First Agricultural Bk
Jul 7, 1988
—
William C Odonnell
—
Deed Of Trust
related
$60,000 · Zuckerman Family Nomi
Jan 7, 1987
—
William C O'donnell
—
Deed Of Trust
related
$375,000 · First Agricultural Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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