Property profile

1241 Park St Palmer, MA 01069

OFF-MARKET
Manufacturing properties
Property ID
US38-0891319
106,171 SF 4.03 ac lot Built 1916
Entity Owned 31-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1916
Construction STEEL FRAME
Total area 106,171 SF
Lot 4.03 ac (175,547 SF)
Zoning code IA
APN PALM M:56 B:94
UPID US38-0891319

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
  • Metal Fabrication Plant Factory

Location

1241 Park St Palmer, MA 01069-1606
Palmer metro Census 810100 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.79M

Owner & transaction history

since 1995
4 recorded transactions
2022
Price N/A
2017
Price N/A
2008
Price N/A
1995
$410,971

Zoning & alternative use

IA · Palmer, MA
Zoning description

age "V" District Village Center District IV VCIV Village "V" District General Business GB Business "B" District Highway Business HB Business "B" District Neighborhood Business NB Business "B" District General Industry A…

General category MIXED_USE

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1241 Park St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message