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    Property profile & analytics

    1405 Memorial Dr Chicopee, MA 01020-3967

    • Car washes
    • 2,268 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US38-0395596
    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

    • Laserwash / Car Wash

    Property Details for 1405 Memorial Dr

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.47 lot acres
    Property size
    2,268 SF
    Zone code
    111
    Property type
    Car washes
    APN
    CHIC M:0632 P:00002
    APU
    CHICM0632P00002

    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
    -72.574
    Latitude
    42.1958
    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
    $21,788
    $260,100
    $425,500
    $685,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,230,000
      3,888 SF

      Montgomery St

      CAR WASH • 3,888 SF
      Montgomery St, Chicopee, MA 01020
      View Details
    • Value Estimation
      $280,000
      6,222 SF

      1469 Granby Rd

      CAR WASH • 6,222 SF
      1469 Granby Rd, Chicopee, MA 01020-2048
      View Details
    • Value Estimation
      $355,000
      2,925 SF

      200 Saint James Ave

      CAR WASH • 2,925 SF
      200 Saint James Ave, Chicopee, MA 01020-2428
      View Details
    • Value Estimation by Request
      0.16 Acres

      Cabot St

      PARKING LOT • 0.16 Acres
      Cabot St, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      0.07 Acres

      Mckinstry Ave

      PARKING LOT • 0.07 Acres
      Mckinstry Ave, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      17,500 SF

      295 Burnett Rd

      VEHICLE SALES, RENTALS • 17,500 SF
      295 Burnett Rd, Chicopee, MA 01020-4629
      View Details

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    Similar Nearby for Lease

    • $1,200 /Mo

      Garage Space in Chicopee

      Versatile garage space with storage and office potential.
      1692 Memorial Dr, Chicopee, MA 01020
      View Details
    • Contact for pricing
      19,732 SF

      Main Street Chicopee Retail Center

      Prime Chicopee retail space, ample parking.
      70-90 Main St, Chicopee, MA 01020
      View Details
    • $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
    • $24 SF/Yr
      800 SF

      Chicopee Falls Retail/Office Space

      800 SF retail or office space for lease.
      151 East St, Chicopee, MA 01020
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    • $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
    • $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
      273
    • Visitors by month
      3.7k
    • Avg Time on site
      6 min
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    1405 Memorial Dr
    Chicopee, MA 01020-3967
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    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
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