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Property profile & analytics
OFF-MARKET Estimated value $3,720,000
Office buildings

15 Research Dr Amherst, MA 01002-2795

15,053 SF 1.75 ac lot Built 2009
Entity Owned ~ Est. High Equity
Property ID
US38-1667524
Property summary
AI-generated overview

This exceptional 15,800 square foot Class A commercial building presents a rare investment opportunity in Amherst, Massachusetts. Located within a prestigious research park, this property boasts a coveted LEED Platinum certification, a testament to its sustainable design and construction. The building is currently 100% occupied, generating strong and consistent financial returns through long-term leases. The attractive office spaces are complemented by an included residential unit, adding to the property's versatility and potential income streams. Situated on a 1.75-acre lot, the building enjoys convenient access to downtown Amherst and the University of Massachusetts Amherst campus, further enhancing its appeal. Its location on a bus line ensures easy commuting for tenants and employees. The meticulous attention to detail in both the original construction and ongoing maintenance is evident throughout the property, ensuring a high-quality investment for discerning buyers. This is a turnkey opportunity to acquire a highly sought-after, income-producing asset in a thriving research and academic environment. The building's exceptional features, prime location, and strong financial performance make it an ideal investment for those seeking a stable and appreciating asset in the Massachusetts market. The long-term leases provide a secure income stream, minimizing vacancy risk and maximizing return on investment. This property offers a unique blend of commercial and residential space, providing flexibility and potential for future expansion or adaptation.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Construction FRAME
Total area 15,053 SF
Lot 1.75 ac (76,174 SF)
APN AMHE M:0021B B:0000 L:0081
UPID US38-1667524
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
  • New England Environmental, Inc. Environmental Consultant
  • SWCA Environmental Consultants Environmental Consultant
  • Almadan Inc Social Service Agency Charitable Organization
  • Proteus Fund Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$3.72M
Owner & transaction history
Dickinson Street LLC
Dickinson Street LLC
since 2025
3 recorded transactions
2025
$2.0M
2009
Price N/A
2008
$235,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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