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    Property profile & analytics

    15 State St Shelburne Falls, MA 01370-1011

    • Office buildings
    • 9,600 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Last Sale
    Mar 17, 2021
    $750,000
    Location Intelligence
    Property ID
    US38-0952837
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 15 State St

    Year built
    1877
    Construction
    FRAME
    Lot size
    0.31 lot acres
    Property size
    9,600 SF
    Zone code
    R
    Property type
    Office buildings
    APN
    BUCK M:06-1 B:0000 L:32
    APU
    BUCKM061B0000L32

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $750,000
      6.5%
      $695,000
      7%
      $800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $625,000
      Geo Method
      $680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $845,000
      Retail
      $725,000
      Mixed-Use
      $695,000
      Hospitality
      $910,000
      Educational
      $915,000
      Residential Income
      $810,000
      Energy
      $755,000
      Income-Based Land
      $865,000
      Food Service
      $865,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelburne Falls
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.7419
    Latitude
    42.6035
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,530
    $70,200
    $586,400
    $656,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $230,000
      1,904 SF

      1116 Mohawk Trl

      OFFICE BUILDING • 1,904 SF
      1116 Mohawk Trl, Shelburne Falls, MA 01370-9305
      View Details
    • Value Estimation
      $320,000
      2,240 SF

      1500 Mohawk Trl

      OFFICE BUILDING • 2,240 SF
      1500 Mohawk Trl, Shelburne Falls, MA 01370-9559
      View Details
    • Value Estimation
      $240,000
      2,112 SF

      412 Mohawk Trl

      OFFICE BUILDING • 2,112 SF
      412 Mohawk Trl, Shelburne Falls, MA 01370-8503
      View Details
    • Value Estimation
      $315,000
      2,220 SF

      1335 Mohawk Trl

      OFFICE BUILDING • 2,220 SF
      1335 Mohawk Trl, Shelburne Falls, MA 01370-9303
      View Details
    • Value Estimation
      $525,000
      4,266 SF

      30 Brg St

      OFFICE BUILDING • 4,266 SF
      30 Brg St, Shelburne Falls, MA 01370-1103
      View Details
    • Value Estimation
      $225,000
      1.44 Acres

      111 Tower Rd

      RADIO OR TV STATION • 1.44 Acres
      111 Tower Rd, Shelburne Falls, MA 01370-9670
      View Details

    Similar Nearby for Sale

    • $360,000

      Shelburne Falls Commercial Building on Rt 2

      Five-unit commercial building with land and signage on Route 2.
      1105 Rt 2, Shelburne, MA 01370
      View Details
    • New
      $550,000
      Pending

      Shelburne Falls Multifamily Investment Opportunity

      Four-unit multifamily property in Shelburne Falls with river views.
      105 Bridge St, Shelburne, MA 01370
      View Details
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    15 State St
    Shelburne Falls, MA 01370-1011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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