Property profile

1189 Park St Palmer, MA 01069

OFF-MARKET
Turn key restaurants
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Property ID
US38-0735287
721 SF 0.63 ac Built 1944
Last sale Mar 1994·$135,308
Individually Owned Owner of record is an individual. 32-yr Hold Held for 32 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 1189 Park St, Palmer, MA 01069 is located on Route 20. It is configured for prepared food service and includes a drive-up window that supports drive-through ordering, along with an in-building operations area and a well-equipped commercial kitchen. The property has ample on-site parking to accommodate customer access and vehicle traffic.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$118k
Assessed land$103k
Assessed improvement$15k
Effective rate1.87%

Value estimate

· Nov 2026
$250k
$225k – $275k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
County average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$44 – $249

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HB
The Highway Business Zone is intended to allow auto accommodating commercial development in areas along highways that have already been p...
General categoryCOMMERCIAL
JurisdictionPALMER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.7
Wholesale Shop10.6
Storage Facility9.9

Location

1189 Park St Palmer, MA 01069-1606
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1458 Main, Palmer, MA 01069-1202 $221,000 May 2025 1,568 SF
1108 Park, Palmer, MA 01069-1607 $130,000 Sep 2024 1,033 SF
1461 Main, Palmer, MA 01069-1201 $175,000 Oct 2023 936 SF
1053-1055 Park, Palmer, MA 01069 $215,000 May 2023 1,300 SF
1051 Thorndike, Palmer, MA 01069-1504 $3,550,000 Jun 2021 882 SF
49 Commercial, Palmer, MA 01069 $137,000 Sep 2020 1,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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