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12 Elm St, Hatfield, MA 01038
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Property summary
AI-generated overview
This exceptional commercial property, located at 12 Elm St in Hatfield, Massachusetts, offers a unique blend of office and warehouse space. Currently under construction, the building totals 1,279 square feet and is available in its entirety. The property is situated in Hampshire County, zip code 01038, and features multiple tenancy options. Individual units range from a minimum of 544 square feet to a maximum contiguous space of 735 square feet. The layout includes a spacious front room, approximately 21 feet wide by 21 feet deep, ideal for office use. An attached rear room, also approximately 21 feet wide and 14 feet deep, provides ample additional space, featuring a large walk-in entrance and a wall of windows. This versatile property is perfect for a variety of businesses seeking a combination of office and warehouse functionality in a convenient Hatfield location. The entire 1,279 square feet is currently vacant and ready for immediate occupancy. This presents a rare opportunity to secure a well-designed space in a desirable location. The property's address is 12 Elm St, Hatfield, MA 01038.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
42,789 SF
Lot
4.16 ac (181,323 SF)
Zoning code
I
APN
HATF M:0223 B:0146 L:0
UPID
US38-0609177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.91M
Blend (final)
Blend
$3.35M
Owner & transaction history
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
I · Hatfield, MA
Zoning description
The purpose of this district I is to promote Industrial uses.
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.35M
Value range
$3.01M – $3.68M
±10% around blend
Estimated value / SF
$78 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
30
Income certainty
100
$3.01M
blend $3.35M
$3.68M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
42,789 SF
Lot area
4.16 ac
APN
HATF M:0223 B:0146 L:0
Zoning
I
Assessed value
$2,195,400
Annual tax
$33,612
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$33,612
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.80M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.2 mi away · 50,000 SF
18.5 mi away · 52,512 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.35M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 142 sales
$144
-46%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $78/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$389k
Move the market yield to see immediate price impact.
Value / SF
$9
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$25k
$490k
$350k
$272k
$27k
$545k
$389k
$303k
$30k
$599k
$428k
$333k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$3.25M
15.2 mi · Mar 2026 · $65/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$33,612
Tax year 2024
Assessed value
$2,195,400
Assessed 2024
Previous assessed
$2,195,400
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$274,900
Assessed improvement
$1,920,500
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Cooling
YES
Buildings
9
Units
165
Total area
42,789 SF
Lot
4.16 ac (181,323 SF)
Zoning code
I
APN
HATF M:0223 B:0146 L:0
UPID
US38-0609177
Jurisdiction
HATFIELD
Zoning & alternative use
I · Hatfield, MAZoning I · permitted uses
I · Hatfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this district I is to promote Industrial uses.
General category
INDUSTRIAL
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
9
Units
165
Lot
4.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
I
INDUSTRIAL
Jurisdiction
Hatfield, MA
Recorded code
I
Official district
I
Official district profile
What the municipal code says about I
Zoning description
The purpose of this district I is to promote Industrial uses.
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in Hatfield, MA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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