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Property profile & analytics
FOR LEASE
Office buildings
160 Old Farm Rd Amherst, MA 01002
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-1279576
For Lease
1 / 7
Contact for pricing
160 Old Farm Rd, Amherst, MA 01002
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Property summary
AI-generated overview
This Amherst, MA office building offers 10,500 square feet of space in a single-story, Class B building constructed in 1983. Located at 160 Old Farm Rd, 01002, this property sits on a 2.56-acre lot and is zoned PRP (Professional and Research Park), allowing for professional office, R&D, and light industrial uses. The building features 30 parking spaces and currently has 5,277 square feet of vacant space available for lease. Two suites are available: one fully built-out at approximately 3,000 square feet (including private offices, lab space, break room, and restrooms), and another at 2,277 square feet, which has been partially demolished and is ready for tenant build-out. These suites can be leased individually or combined for a total of over 5,277 contiguous square feet. The minimum divisible space is 2,277 square feet. The property enjoys a convenient location, minutes from downtown Amherst and the campuses of UMass, Amherst College, and Hampshire College. This well-maintained building offers excellent flexibility for a variety of tenants.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
STEEL FRAME
Total area
10,500 SF
Lot
2.56 ac (111,514 SF)
APN
AMHE M:0018C B:0000 L:0021
UPID
US38-1279576
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
-
The Chinese Kung Fu Wushu Academy Sports School
-
Whiting-Turner Contracting Co General Contractor
-
PSS USA Factory Industrial Manufacturer
-
Be Awesome Be Strong Gym & Fitness Center
-
Comcast Service Center Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$475k
Owner & transaction history
Holyoke Property Mgmt · 9 yrs held
Holyoke Property Mgmt
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,825,000
Change: -9% · Conversion: Easy
RETAIL STORES
$1,635,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$475k
Range $428k – $523k · ±10%
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
$45 / 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
$16,777
Tax year 2024
Assessed value
$906,400
Assessed 2024
Previous assessed
$829,300
+9.3% YoY
Effective rate
1.85%
On assessed value
Assessed land
$224,200
Assessed improvement
$682,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
4
Total area
10,500 SF
Lot
2.56 ac (111,514 SF)
APN
AMHE M:0018C B:0000 L:0021
UPID
US38-1279576
Jurisdiction
AMHERST
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
RETAIL STORES
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
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
4
Lot
2.56 ac
Current owner
From public records · entity-resolved
Holyoke Property Mgmt
Entity
Mailing address
1450 NORTHAMPTON ST, HOLYOKE, MA 01040-1918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2016
—
Holyoke Property Mgmt
—
Deed
related
$880,000 · Monson Savings Bank
May 11, 2012
—
Holyoke Property Mgmt LLC
—
Deed Of Trust
related
$700,000 · Northeast Community Cu
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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