Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    109 Railroad St Lee, MA 01238-1639

    • Turn key restaurants
    • 2,048 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US38-1111062
    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

    • Antojitos Oaxaca Mexican Restaurant / Mexican Restaurant

    Property Details for 109 Railroad St

    Year built
    1860
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    2,048 SF
    Zone code
    BM
    Property type
    Turn key restaurants
    APN
    LEEE M:012 B:0A L:0000-0105.0
    APU
    LEEEM012B0AL000001050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $390,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $405,000
      Mixed-Use
      $305,000
      Hospitality
      $420,000
      Educational
      $350,000
      Residential Income
      $340,000
      Energy
      $320,000
      Income-Based Land
      $365,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Lee
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2524
    Latitude
    42.3086
    CBSA code
    38340
    CBSA name
    PITTSFIELD, 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
    2024
    $3,562
    $129,000
    $187,900
    $316,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $345,000
      1,760 SF

      5 Railroad St

      RESTAURANT • 1,760 SF
      5 Railroad St, Lee, MA 01238-1637
      View Details
    • Value Estimation
      $265,000
      1,396 SF

      1180 Pleasant St

      RESTAURANT • 1,396 SF
      1180 Pleasant St, Lee, MA 01238
      View Details
    • Value Estimation
      $235,000
      1,072 SF

      30 Ctr St

      RESTAURANT • 1,072 SF
      30 Ctr St, Lee, MA 01238-1503
      View Details
    • Value Estimation
      $570,000
      1,860 SF

      30 Housatonic St

      RESTAURANT • 1,860 SF
      30 Housatonic St, Lee, MA 01238-1306
      View Details
    • Value Estimation
      $730,000
      2,041 SF

      145 Housatonic St

      RESTAURANT • 2,041 SF
      145 Housatonic St, Lee, MA 01238-1327
      View Details
    • Value Estimation
      $385,000
      12,646 SF

      33 Main St

      RESTAURANT • 12,646 SF
      33 Main St, Lee, MA 01238-1611
      View Details

    Similar Nearby for Sale

    • $475,000
      1,538 SF

      Downtown Lee Mixed-Use Investment

      Versatile three-unit building with residential and commercial income potential.
      208 Main St, Lee, MA 01238
      View Details
    • $93,500
      1.42 Acres

      Lee, MA Residential Land - $93,500

      1.42 Acres, Two Buildable Lots
      0 East St, Lee, MA 01238
      View Details
    • $197,950
      3.60 Acres

      Residential Land in Lee, MA

      3.6 acre residential land for sale in Lee, MA.
      46 Pease Ter, Lee, MA 01238
      View Details
    • $699,000
      2,135 SF

      Lakeside Condominium with Mountain Views

      Ground-level condo with lake access, mountain views, and updated kitchen.
      770 Summer St, Lee, MA 01238
      View Details
    • $1,399,900

      Lee Multi-Family Home on Acreage

      Spacious 6-unit property near Mass Pike and Lee Outlets.
      45 Forest St, Lee, MA 01238
      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      3.9k
    • Avg Time on site
      11 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109 Railroad St
    Lee, MA 01238-1639
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.