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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Investment properties
1647 Hewins St Sheffield, MA 01257
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-1269907
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2001
Construction
CONCRETE
Total area
3,234 SF
Lot
41.1 ac (1,790,316 SF)
Zoning code
GB
APN
SHEF M:008.0 B:0004 L:0016.0
UPID
US38-1269907
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$535k
Owner & transaction history
Inky Fingers LLP · 22 yrs held
Inky Fingers LLP
since 2003
4 recorded transactions
Zoning & alternative use
GB · Sheffield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The General Business District is intended to be used for light manufacturing and agricultural purposes.
Zone name
General Business
General category
INDUSTRIAL
Zone area
872.74 ac
Source
Realmo
Top alternative use upside
Retail stores
$465,000
+15.6%
Office building
$450,000
+12.3%
Auto repair, garage
$420,000
+4.6%
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 Sheffield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheffield 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
$415,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$505,000
7%
$470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$400,000
Current use
RETAIL STORES
$465,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$450,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$420,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$165 / 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
$9,386
Tax year 2024
Assessed value
$798,800
Assessed 2024
Previous assessed
$798,800
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$214,600
Assessed improvement
$584,200
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
Year built
2001
Construction
CONCRETE
Heating
HOT WATER
Stories
2
Rooms
8
Bathrooms
3
Total area
3,234 SF
Lot
41.1 ac (1,790,316 SF)
Zoning code
GB
APN
SHEF M:008.0 B:0004 L:0016.0
UPID
US38-1269907
Jurisdiction
SHEFFIELD
Zoning & alternative use
GB · Sheffield, MAZoning GB · permitted uses
GB · Sheffield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The General Business District is intended to be used for light manufacturing and agricultural purposes.
Zone name
General Business
General category
INDUSTRIAL
Zone area
872.74 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$400,000
RETAIL STORES
Est. value
$465,000
OFFICE BUILDING
Est. value
$450,000
AUTO REPAIR, GARAGE
Est. value
$420,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2001
Construction
CONCRETE
Heating
HOT WATER
Stories
2
Rooms
8
Bathrooms
3
Lot
41.1 ac
Current owner
From public records · entity-resolved
Inky Fingers LLP
Entity
Mailing address
600 MAIN ST, GREAT BARRINGTON, MA 01230-2010
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2010
—
Inky Fingers LLP
—
Deed Of Trust
related
$822,000 · Lee Bank
Dec 10, 2003
$810,000
Inky Fingers LLP
Kelly,robert R
Grant Deed
$769,500 · Thomas A Ricchi
Apr 8, 2003
—
Robert R Kelly
—
Deed Of Trust
related
$200,000 · Thomas A Ricchi
Sep 20, 2000
$115,000
Robert R Kelly
Fish,jean A
Grant Deed
—
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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