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Property profile & analytics
OFF-MARKET
Retail space
171 Grv St Adams, MA 01220-9707
Individually Owned
Free & Clear
Property ID
US38-0628217
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Total area
2,340 SF
Lot
0.53 ac (23,087 SF)
Zoning code
I
APN
ADAM M:2080 B:0000 L:00040
UPID
US38-0628217
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
-
Hobby World (Bike/Boat/Book/etc) Store
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
Thomas R Blanchette
Thomas R Blanchette
since 2026
4 recorded transactions
Zoning & alternative use
I · Adams, MA
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 Adams submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adams 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
$5,180
Tax year 2024
Assessed value
$213,800
Assessed 2024
Previous assessed
$213,800
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$76,800
Assessed improvement
$137,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
1
Bathrooms
1
Total area
2,340 SF
Lot
0.53 ac (23,087 SF)
Zoning code
I
APN
ADAM M:2080 B:0000 L:00040
UPID
US38-0628217
Jurisdiction
ADAMS
Zoning & alternative use
I · Adams, MA
Zoning I · permitted uses
I · Adams, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Adams. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
1
Bathrooms
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Thomas R Blanchette
Individual
Free & Clear · 0 yrs held
Mailing address
171 GRV ST, ADAMS, MA 01220-9707
Ownership since
2026
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
Mar 24, 2026
—
Thomas R Blanchette
Robert P Blanchette
Quitclaim Deed
related
—
Oct 27, 1998
$140,000
Robert P Blanchette
Wiessbrodt,dieter
Grant Deed
$90,000 · Hoosac Bank
Aug 7, 1989
$140,000
Dieter Weissbrodt
Bussiere,lawrence H
Grant Deed
$150,000 · Bank Of New Eng, West
Jun 10, 1988
—
Lawrence H Bussiere
—
Deed Of Trust
related
$100,000 · Adams Cooperative Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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