New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Specialty properties
1475 Main St, Palmer, MA 01069-1226
Individually Owned
2-yr Hold
Free & Clear
Property ID
US38-2471130
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1877
Construction
FRAME
Total area
7,075 SF
Lot
0.57 ac (24,829 SF)
Zoning code
GB
APN
PALM M:57 B:40
UPID
US38-2471130
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
-
Beers and Story Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Fip Master Funding Xviii · 2 yrs held
Fip Master Funding Xviii
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
GB · 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
Method
Estimation
Statistic approach
$1,500,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±10% · vs last sale $1.78M (Jul 21 2023)
Last sale anchor
$1.78M
Jul 21 2023
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
$233 / 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
$6,002
Tax year 2024
Assessed value
$321,500
Assessed 2024
Previous assessed
$302,000
+6.5% YoY
Effective rate
1.87%
On assessed value
Assessed land
$101,400
Assessed improvement
$220,100
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1877
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
7,075 SF
Lot
0.57 ac (24,829 SF)
Zoning code
GB
APN
PALM M:57 B:40
UPID
US38-2471130
Jurisdiction
PALMER
Zoning & alternative use
GB · Palmer, MA
Zoning GB · permitted uses
GB · 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
1877
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
0.57 ac
Current owner
From public records · entity-resolved
Fip Master Funding Xviii
Individual
Free & Clear · 2 yrs held
Mailing address
1475 N MAIN ST, PALMER, MA 01069-1226
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
—
Fip Master Funding Xviii
—
Deed
related
$1 · Citibank NA
Jul 11, 2024
—
Cascade Funeral Directors
—
Deed
related
$560,417,500 · Bmo Bank
Jul 21, 2023
$1,779,887
Fip Master Funding Xviii
Fpg Massachusetts LLC
Quit Claim Arm's Length For Ne States
—
Sep 8, 2021
—
Fpg Ma LLC
—
Deed
related
$315,000,000 · Bmo Harris Bank NA
Feb 19, 2021
—
Fpg Ma LLC
—
Deed
related
—
Sep 4, 2019
$850,000
Fpg Ma LLC
Story,wendy L
Warranty Deed
—
Aug 4, 2005
—
Wendy L Story
—
Deed Of Trust
related
$50,000 · Monson Savings Bank
Nov 1, 1995
$200,000
Wendy L Story
Story,herbert
Grant Deed
related
$200,000 · Zenon Grzybowski
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 1475 Main 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.
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.
