Property profile

1186 Thorndike St Palmer, MA 01069

OFF-MARKET
Showrooms
Property ID
US38-0834619
13,152 SF 2.57 ac lot Built 1954
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1954
Construction FRAME
Total area 13,152 SF
Lot 2.57 ac (111,949 SF)
Zoning code HB
APN PALM M:19 B:43
UPID US38-0834619

Cap rate & NOI

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

Location

1186 Thorndike St Palmer, MA 01069
Palmer metro Census 810100 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.44M
CAP Approach CAP
$2.05M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.44M

Owner & transaction history

since 2022
Last sale
$2.3M
2 recorded transactions
2025
Price N/A
2022
$2.3M

Zoning & alternative use

HB · Palmer, MA
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…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.8M +53.4%
Auto repair, garage $1.6M +43.2%

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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