Property profile

1048 Granby Rd Chicopee, MA 01020

OFF-MARKET
Turn key restaurants
Property ID
US38-0721841
480 SF 0.24 ac lot Built 1954
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Construction FRAME
Total area 480 SF
Lot 0.24 ac (10,500 SF)
Zoning code 106
APN CHIC M:0366 P:00035
UPID US38-0721841

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

1048 Granby Rd Chicopee, MA 01020-1525
Chicopee metro Census 811200 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2020
Last sale
$160,000
5 recorded transactions
2020
$160,000
2007
$119,000
2003
$84,000
1988
$69,900
1988
Price N/A

Zoning & alternative use

106 · Chicopee, MA

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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