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Property profile & analytics
OFF-MARKET
Estimated value
$260,000
Auto shops
1181 Park St Palmer, MA 01069-1606
Entity Owned
Absentee Owner
Free & Clear
Property ID
US38-1367486
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,025 SF
Lot
0.92 ac (40,075 SF)
Zoning code
HB
APN
PALM M:56 B:10
UPID
US38-1367486
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
-
First Student Inc. Bus Charter Transportation Infrastructure
-
CHACON TRUCKING LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$260k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$260k
Owner & transaction history
NELLUM TRUST
NELLUM TRUST
Zoning & alternative use
HB · Palmer, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
hich sites are subject to the additional regulations. § 171-52 List of business zones. The full names and abbreviations of the business zones are listed below. Full Name Abbreviation General Business GB Highway Business HB Neighborhood Business NB § 171-53 Use regulations. Primary Uses. A. Allowed uses. Uses allowed in the business zones are listed in § 171-…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
407.63 ac
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 Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer 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
$260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$260k
Range $234k – $286k · ±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
$52 / 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
$3,723
Tax year 2024
Assessed value
$199,400
Assessed 2024
Previous assessed
$188,100
+6.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$111,200
Assessed improvement
$88,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,025 SF
Lot
0.92 ac (40,075 SF)
Zoning code
HB
APN
PALM M:56 B:10
UPID
US38-1367486
Jurisdiction
PALMER
Zoning & alternative use
HB · Palmer, MAZoning HB · permitted uses
HB · Palmer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
hich sites are subject to the additional regulations. § 171-52 List of business zones. The full names and abbreviations of the business zones are listed below. Full Name Abbreviation General Business GB Highway Business HB Neighborhood Business NB § 171-53 Use regulations. Primary Uses. A. Allowed uses. Uses allowed in the business zones are listed in § 171-54 , Table of Use Regulations - Business Zones, with a "Y." These uses are allowed
Zone name
Highway Business
General category
COMMERCIAL
Zone area
407.63 ac
Building & site characteristics
From public records
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
NELLUM TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
95 THOMPSON ST, PALMER, MA 01069-2225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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