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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Warehouses
15 Commercial Dr, Hampden, MA 01036-9673
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0477900
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
STEEL FRAME
Total area
10,560 SF
Lot
3.51 ac (152,896 SF)
Zoning code
COM
APN
HAMP M:0012 B:0071 L:0
UPID
US38-0477900
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
$800k
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$800k
Owner & transaction history
Hennessey Williams Prop L · 2 yrs held
Hennessey Williams Prop L
since 2024
Last sale
$800,000
3 recorded transactions
Zoning & alternative use
COM · Hampden, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+144.9%
Retail stores
$1.1M
+99.0%
Office building
$970,000
+79.4%
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 Hampden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampden 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,055,000
7%
$980,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$540,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: +145% · Conversion: Easy
RETAIL STORES
$1,075,000
Change: +99% · Conversion: Moderate
OFFICE BUILDING
$970,000
Change: +79% · Conversion: Difficult
COMMERCIAL (GENERAL)
$925,000
Change: +71% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$595,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jun 3 2024)
Last sale anchor
$800k
Jun 3 2024
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
$76 / 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
$8,243
Tax year 2024
Assessed value
$526,400
Assessed 2024
Previous assessed
$526,400
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$92,800
Assessed improvement
$433,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
10,560 SF
Lot
3.51 ac (152,896 SF)
Zoning code
COM
APN
HAMP M:0012 B:0071 L:0
UPID
US38-0477900
Jurisdiction
HAMPDEN
Zoning & alternative use
COM · Hampden, MA
Zoning COM · permitted uses
COM · Hampden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$925,000
INDUSTRIAL (GENERAL)
Est. value
$595,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
3.51 ac
Current owner
From public records · entity-resolved
Hennessey Williams Prop L
Individual
Mailing address
9 COMMERCIAL DR, HAMPDEN, MA 01036-9673
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
$800,000
Hennessey Williams Prop L
Fbs INC
Quit Claim Arm's Length For Ne States
$800,000 · Susan M Shea
Nov 19, 1998
—
Fsb INC
—
Deed Of Trust
related
$330,000 · Hampden Savings Bank
Apr 12, 1995
$236,000
Frederick B Shea
Re Laplante Constr INC
Grant Deed
$188,800 · Springfield Inst Svgs
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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