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Property profile & analytics
FOR SALE
Manufacturing properties
17 Downing Three Park, Pittsfield, MA 01201
Entity Owned
Property ID
US38-2022296
For Sale
1 / 16
$2,900,000
17 Downing Three Park, Pittsfield, MA 01201
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Property summary
AI-generated overview
17 Downing Three is a well-built office/industrial facility comprised of three connected condominium units totaling 44,640 SF. The property is located in Pittsfield’s Downing Industrial Park, home to many national tenants. The current tenant, Spectrum Plastics Group (formerly Apex Resource Technologies, Inc.), is an Atlanta based full-service design, development and manufacturer of specialty medical plastics products with multiple plants across North America. The Pittsfield location operates as precision injection molder and is equipped with a 10,000 SF tool room and a 4,500 SF Class 8 clean room.
Property profile
Verified
Property type
Manufacturing properties
Year built
1986
Total area
44,640 SF
UPID
US38-2022296
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
-
Spectrum Plastics Group, A DuPont Business Production Facility Factory
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Needlejig Tattoo Supply Marketing & Advertising IT Consulting Firm
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Evolve Inks, Inc. Tattoo & Piercing Shop
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
Black Star Estates LLC
Black Star Estates LLC
since 2025
5 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 Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield 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
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
Manufacturing properties
Status
For Sale
Year built
1986
Total area
44,640 SF
UPID
US38-2022296
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
Year built
1986
Current owner
From public records · entity-resolved
Black Star Estates LLC
Entity
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
$540,000
Black Star Estates LLC
Straight Talk Invs LLC
Corporation Deed
$630,000 · Greylock FCU
Dec 16, 2020
$330,000
Straight Talk Invs LLC
Magnova Realty Co INC
Corporation Deed
$264,000 · Pittsfield Cooperative Bank
Dec 20, 2017
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17 Downing Pittsfield LLC
17 Downing 3 Nominee Trust
Quitclaim Deed
related
—
Dec 29, 2016
$425,000
Mudslinger LLC
Downing LLC
Quitclaim Deed
$340,000 · Greylock FCU
Oct 17, 2016
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17 Downing Three Nt
—
Deed
related
—
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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