Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1283 Memorial Dr Chicopee, MA 01020-3967

    • Banks
    • 2,424 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US38-0256206
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Citizens / Bank / Atm
    • Citizens ATM / Atm

    Property Details for 1283 Memorial Dr

    Year built
    1989
    Construction
    FRAME
    Lot size
    0.74 lot acres
    Property size
    2,424 SF
    Zone code
    111A
    Property type
    Banks
    APN
    CHIC M:0611 P:0001B
    APU
    CHICM0611P0001B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5753
    Latitude
    42.1927
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,065
    $322,300
    $372,000
    $694,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $695,000
      2,240 SF

      1976 Memorial Dr

      FINANCIAL BUILDING • 2,240 SF
      1976 Memorial Dr, Chicopee, MA 01020-4306
      View Details
    • Value Estimation
      $255,000
      2,025 SF

      688 Grattan St

      FINANCIAL BUILDING • 2,025 SF
      688 Grattan St, Chicopee, MA 01020-1255
      View Details
    • Value Estimation by Request
      2,238 SF

      705 Memorial Dr

      FINANCIAL BUILDING • 2,238 SF
      705 Memorial Dr, Chicopee, MA 01020-5076
      View Details
    • Value Estimation
      $380,000
      2,685 SF

      923 Frnt St

      FINANCIAL BUILDING • 2,685 SF
      923 Frnt St, Chicopee, MA 01020-1723
      View Details
    • Value Estimation
      $395,000
      2,095 SF

      569 Ee St

      FINANCIAL BUILDING • 2,095 SF
      569 Ee St, Chicopee, MA 01020-4174
      View Details
    • Value Estimation
      $465,000
      2,825 SF

      447 Montgomery St

      FINANCIAL BUILDING • 2,825 SF
      447 Montgomery St, Chicopee, MA 01020
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Commercial Space in Chicopee

      Commercial space suitable for retail or office use.
      5 Willow St, Chicopee, MA 01020
      View Details
    • $300,000

      Commercial Office or Retail Space

      Three-story commercial building with updates, signage, and parking.
      1847 Memorial Dr, Chicopee, MA 01020
      View Details
    • $699,900

      Versatile Commercial Property with Elevator

      Commercial property featuring two units, parking, and renovation potential.
      52 Gladdu Ave, Chicopee, MA 01020
      View Details
    • $450,000
      3,878 SF

      Commercial Buildings on Memorial Drive

      Two buildings with office and retail space on Memorial Drive.
      1839-1847 Memorial Dr, Chicopee, MA 01020
      View Details
    • $290,000

      Mixed-Use Property in Cuenca, Ecuador

      Mixed-use property with commercial spaces and apartments in Cuenca, Ecuador.
      9 Cuenca Ecuador, Chicopee, MA 01020
      View Details
    • $2,000,000
      9,923 SF

      Commercial Property with Income Potential

      9,923 SF commercial property for sale with income-generating tenants.
      1329 Memorial Dr, Chicopee, MA 01020
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo

      Chicopee Falls Retail/Office Space

      Retail or office space for lease in Chicopee Falls.
      155 East St, Chicopee, MA 01020
      View Details
    • Contact for pricing
      15,922 SF

      Retail Space in Chicopee Center

      Retail space available in a busy Chicopee shopping center.
      591 Memorial Dr, Chicopee, MA 01020
      View Details
    • $24 SF/Yr
      800 SF

      Chicopee Falls Retail/Office Space

      800 SF retail or office space for lease.
      151 East St, Chicopee, MA 01020
      View Details
    • $8,000 /Mo
      4,000 SF

      Retail Space on Memorial Drive

      Retail space available with high traffic and signalized access.
      451-455 Memorial Dr, Chicopee, MA 01020
      View Details
    • $8,000 /Mo

      Retail Space on Memorial Drive

      Retail space available with high traffic and signalized access.
      451 Memorial Dr, Chicopee, MA 01020
      View Details
    • $16 SF/Yr

      Versatile Retail Space Available

      1,800 sq ft retail space with high ceilings.
      55 Main St, Chicopee, MA 01020
      View Details

    Property Visit Statistics

    • Visits by month
      4.9k
    • Visitors by month
      3.4k
    • Avg Time on site
      8 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1283 Memorial Dr
    Chicopee, MA 01020-3967
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.