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Property profile & analytics
OFF-MARKET
Showrooms
149 3rd St 151, Turners Falls, MA 01376-1321
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-0714280
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1916
Construction
FRAME
Total area
4,700 SF
Lot
0.36 ac (15,682 SF)
Zoning code
NB
APN
MONT M:0004 B:0000 L:101
UPID
US38-0714280
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
Third Place Garage LLC · 2 yrs held
Third Place Garage LLC
since 2023
Last sale
$405,000
4 recorded transactions
Zoning & alternative use
NB · Turners Falls, 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 Turners Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turners Falls 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
$3,762
Tax year 2024
Assessed value
$156,700
Assessed 2024
Previous assessed
$156,700
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$46,700
Assessed improvement
$110,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1916
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,700 SF
Lot
0.36 ac (15,682 SF)
Zoning code
NB
APN
MONT M:0004 B:0000 L:101
UPID
US38-0714280
Jurisdiction
MONTAGUE
Zoning & alternative use
NB · Turners Falls, MA
Zoning NB · permitted uses
NB · Turners Falls, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Turners Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1916
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Third Place Garage LLC
Entity
Free & Clear · 2 yrs held
Mailing address
149 3RD ST #151, TURNERS FALLS, MA 01376-1321
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
$405,000
Third Place Garage LLC
David J Larue
Quit Claim Arm's Length For Ne States
—
Jul 20, 2015
$165,000
David J Larue
Cottage Industries LLC
Quit Claim Arm's Length For Ne States
$132,000 · Greenfield Cp Bk
May 31, 2013
$116,000
Cottage Industries LLC
151 3rd Street LLC
Quit Claim Deed
—
Oct 20, 2004
$135,000
151 Third St LLC
Ahearn,francis C
Grant Deed
$125,000 · Zwi Kohorn
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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