Property profile

1109 Granby Rd Chicopee, MA 01020

OFF-MARKET
Showrooms
Property ID
US38-2402144
12,240 SF 1.35 ac lot Built 2010
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2010
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,240 SF
Lot 1.35 ac (58,806 SF)
Zoning code 106
APN CHIC M:0366 P:00044
UPID US38-2402144

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
  • Physician
  • Physician
  • Medical Clinic
  • Foster Care Service Social Service Agency
  • Foster Care Service Social Service Agency

Location

1109 Granby Rd Chicopee, MA 01020-1568
Chicopee metro Census 810601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.91M
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.61M

Owner & transaction history

since 2010
7 recorded transactions
2016
Price N/A
2010
$1
2010
Price N/A
2010
$1
2009
Price N/A
2008
$575,000
2008
$1

Zoning & alternative use

106 · Chicopee, MA
Top alternative use upside
Retail stores $1.7M +64.7%
Restaurant $1.6M +58.3%
Auto repair, garage $1.3M +22.5%

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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