New search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces
1440 Main St 1446, Palmer, MA 01069-1231
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-0824631
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,151 SF
Lot
0.37 ac (16,117 SF)
Zoning code
VC1
APN
PALM M:57 B:8
UPID
US38-0824631
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
44 Brigham Hill LLC · 5 yrs held
44 Brigham Hill LLC
since 2021
Last sale
$187,000
7 recorded transactions
Zoning & alternative use
VC1 · Palmer, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,410
Tax year 2024
Assessed value
$236,200
Assessed 2024
Previous assessed
$227,600
+3.8% YoY
Effective rate
1.87%
On assessed value
Assessed land
$141,100
Assessed improvement
$95,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
8,151 SF
Lot
0.37 ac (16,117 SF)
Zoning code
VC1
APN
PALM M:57 B:8
UPID
US38-0824631
Jurisdiction
PALMER
Zoning & alternative use
VC1 · Palmer, MA
Zoning VC1 · permitted uses
VC1 · Palmer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
44 Brigham Hill LLC
Entity
Free & Clear · 5 yrs held
Mailing address
291 MAIN ST, NORTHBOROUGH, MA 01532-1648
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
—
44 Brigham Hill LLC
—
Deed
related
$250,000 · Avidia Bank
May 20, 2021
$157,500
44 Brigham Hill LLC
Dream Junction LLC
Foreclosure
related
—
Jan 7, 2014
—
Dream Junction LLC
—
Deed Of Trust
related
$22,000 · Quaboag Valley Business Assist
Jun 4, 2012
$1
Dream Junction LLC
Day & Hood Prtnrshp
Grant Deed
related
—
Jun 4, 2012
—
Dream Junction LLC
—
Deed Of Trust
related
$218,000 · Freedom Cu
Jan 6, 2009
$187,000
Day&hood Ptnshp LLC
Midura,ronald S
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
$177,000 · Freedom Cu
Jan 6, 2009
—
Day & Hood Ptnshp LLC
—
Deed Of Trust
related
$177,000 · Freedom Cu
Mar 17, 2005
$1
Ronald S Midura
Midura,ronald S
Grant Deed
related
—
Mar 4, 2005
$1
Ronald S Midura
Midura,ronald S
Grant Deed
related
—
Nov 29, 2004
—
Ronald S Midura
—
Deed Of Trust
related
$180,000 · Appex Financial Group INC
Feb 25, 1999
—
Ronald S Midura
—
Deed Of Trust
related
$27,189 · Palmer Dept Community Dev
—
—
Dream Junction LLC
—
Deed Of Trust
related
$227,630 · Freedom FCU
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.
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 1440 Main St, Unit 1446?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
