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Property profile & analytics
OFF-MARKET
Investment properties
1613 State Rd 1639 Cheshire, MA 01225-9515
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-0016470
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
4.4 ac (191,664 SF)
APN
CHES M:0202 L:0012
UPID
US38-0016470
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
-
GREEN ACRES PACKAGE & VARIETY Restaurant
-
Neighborhood deli 04 Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sonal Patel LLC · 7 yrs held
Sonal Patel LLC
since 2018
7 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 Cheshire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheshire 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,838
Tax year 2024
Assessed value
$677,400
Assessed 2024
Previous assessed
$677,400
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$115,800
Assessed improvement
$561,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
3
Units
11
Lot
4.4 ac (191,664 SF)
APN
CHES M:0202 L:0012
UPID
US38-0016470
Jurisdiction
CHESHIRE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Units
11
Lot
4.4 ac
Current owner
From public records · entity-resolved
Sonal Patel LLC
Entity
Mailing address
23 WOOD ST, LOWELL, MA 01851-1518
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2018
$650,000
Sonal Patel LLC
Jalaram Realty LLC
Quit Claim Deed
$650,000 · Rockland Tr
Sep 30, 2015
$700,000
Jalaram Realty LLC
Cheshire Green LLC
Quit Claim Deed
$525,000 · Rockland Tr
Jan 25, 2013
—
Cheshire Green LLC
—
Deed Of Trust
related
$250,000 · Hoosac Bank
Feb 4, 2011
$1
Cheshire Green LLC
Cjg Realty LLC
Grant Deed
—
Feb 4, 2011
—
Cheshire Green LLC
—
Grant Deed
related
$596,000 · Hoosac Bank
Feb 4, 2008
$1
Cjg Realty LLC
Cheshire Green LLC
Grant Deed
—
Feb 4, 2008
—
Cjg Realty LLC
—
Grant Deed
related
$380,000 · Pittsfield Capital Bank
Oct 12, 2007
$300,000
Cheshire Grn LLC
Mcclay,michael L
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Nov 13, 2000
$365,000
Michael L Mcclay
Kielman,richard C
Grant Deed
$334,000 · Mass Mutual Life Ins
Nov 13, 2000
—
Mcclay,michael L
—
Grant Deed
related
$50,000 · Richard C Keilman
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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