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Financial
Distress signals
Property profile

1535 Memorial Dr Chicopee, MA 01020

OFF-MARKET
Turn key restaurants
Property ID
US38-0518721
1,714 SF 0.25 ac lot Built 1970
Last sale Jul 2019 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property presents a unique opportunity for a thriving business in Chicopee, MA. Situated on a 0.46-acre corner lot at 1535 Memorial Drive, this fully built-out restaurant building boasts a prime location along Route 33, a major Western Massachusetts commercial artery. The high visibility and high-traffic area ensure maximum exposure to potential customers. The property's convenient location near Memorial Drive's shopping centers further enhances its appeal. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$388k
Assessed land$153k
Assessed improvement$234k
Effective rate3.18%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
County average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$44 – $249
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
111
JurisdictionCHICOPEE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm29.7
Realty agency29.0
Restaurant22.5

Location

1535 Memorial Dr Chicopee, MA 01020-3932
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
728 Grattan, Chicopee, MA 01020-1255 $220,000 Mar 2025 1,763 SF
1512 Memorial, Chicopee, MA 01020-3985 $450,000 May 2024 2,129 SF
415 Ee, Chicopee, MA 01020-4181 $350,000 Oct 2023 1,917 SF
1345 Burnett, Chicopee, MA 01020-4631 $415,000 May 2023 2,275 SF
66 Main, Chicopee, MA 01020-1838 $270,000 Apr 2022 1,941 SF
1995 Memorial, Chicopee, MA 01020-4322 $450,000 Mar 2022 2,924 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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