Financial
Distress signals
Property profile

16 Cheshire Rd Pittsfield, MA 01201

OFF-MARKET
Commercial real estate
Property ID
US38-1344755
1.1 ac lot Built 2004
Last sale Nov 2017 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This established Econo Lodge hotel in Pittsfield, MA presents a compelling investment opportunity. The property, built in 1963, features 58 guest rooms spread across two stories within a single, 29,000 square foot building situated on a 2-acre lot. Ample parking is available with 60 spaces on-site. The hotel benefits from a high-visibility location on a main road, ensuring convenient access for guests. The asking price is $2,800,000, translating to $96.55 per square foot and $48,275.86 per

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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 · 2020

What does the county charge?
$55k
Tax billed · 2020
Assessed value · 2024$1.08M
Assessed land$242k
Assessed improvement$835k
Effective rate5.15%

Value estimate

· Sep 2026
$560k
$504k – $616k
AI approach$560k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$45 – $126

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?
BC
JurisdictionPITTSFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.5
Law Firm14.5
HVAC Service11.8

Location

16 Cheshire Rd Pittsfield, MA 01201-1837
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1107 Barker, Pittsfield, MA 01201-8019 $300,000 Feb 2026 4,560 SF
54 Harvard, Pittsfield, MA 01201-3515 $35,500 May 2025 1,998 SF
14 Gordon, Pittsfield, MA 01201-6442 $375,000 Mar 2025 N/A
390 Fenn, Pittsfield, MA 01201-5233 $425,000 Feb 2025 N/A
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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