Property profile

1485 Main St Palmer, MA 01069

OFF-MARKET
Banks
Property ID
US38-0366244
9,566 SF 0.54 ac lot Built 1955
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,566 SF
Lot 0.54 ac (23,522 SF)
Zoning code GB
APN PALM M:57 B:34
UPID US38-0366244

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service

Location

1485 Main St Palmer, MA 01069-1226
Palmer metro Census 810100 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
$736k
Blend (final) Blend
$535k

Owner & transaction history

Zoning & alternative use

GB · Palmer, MA
Zoning description

rlay Maps indicate which sites are subject to the additional regulations. § 171-52 List of business zones. The full names and abbreviations of the business zones are listed below. Full Name Abbreviation General Business…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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