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Property profile & analytics
OFF-MARKET
Estimated value
$6,600,000
Manufacturing properties
14 Federico Dr Pittsfield, MA 01201-5518
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-1753736
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Construction
STEEL FRAME
Total area
99,600 SF
Lot
8.6 ac (374,747 SF)
Zoning code
LDI
APN
PITT M:M11 B:0007 L:309
UPID
US38-1753736
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
LTI Smart Glass Hardware & Home Improvement Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.40M
Comparable Approach
Comparable
$6.64M
Blend (final)
Blend
$6.60M
Owner & transaction history
Lti Rlty LLC · 17 yrs held
Lti Rlty LLC
since 2008
6 recorded transactions
Zoning & alternative use
LDI · Pittsfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.7M
+39.7%
Retail stores
$8.3M
+31.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,095,000
6.5%
$8,395,000
7%
$7,795,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,260,000
Current use
COMMERCIAL (GENERAL)
$8,745,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$8,250,000
Change: +32% · Conversion: Moderate
Blend value · Realmo final
$6.60M
Range $5.94M – $7.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$66 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$140,275
Tax year 2024
Assessed value
$3,541,400
Assessed 2024
Previous assessed
$3,541,400
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$214,800
Assessed improvement
$3,326,600
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
99,600 SF
Lot
8.6 ac (374,747 SF)
Zoning code
LDI
APN
PITT M:M11 B:0007 L:309
UPID
US38-1753736
Jurisdiction
PITTSFIELD
Zoning & alternative use
LDI · Pittsfield, MA
Zoning LDI · permitted uses
LDI · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$8.7M
RETAIL STORES
Est. value
$8.3M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
8.6 ac
Current owner
From public records · entity-resolved
Lti Rlty LLC
Entity
Mailing address
14 FEDERICO DR, PITTSFIELD, MA 01201-5518
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Lti Realty LLC
—
Deed
related
$1,500,000 · Td Bank NA
Apr 4, 2018
—
Lti Realty LLC
—
Deed
related
$1,350,000 · Td Bank NA
Jan 11, 2018
—
Lti Realty LLC
—
Deed
related
$580,000 · Pittsfield City Comm
Nov 29, 2011
—
Lti Realty LLC
—
Deed Of Trust
related
$200,000 · Pittsfield City Community Dev
Aug 12, 2009
—
Lti Realty LLC
—
Deed Of Trust
related
$100,000 · Pitt Economic Corp
Jul 24, 2008
$1,875,000
Lti Rlty LLC
Federico Rlty Corp
Deed
$5,000,000 · Td Banknorth Mtg Grp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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