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Property profile & analytics
OFF-MARKET
Estimated value
$4,845,000
Parking lots & garages
171 King St Northampton, MA 01060
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0962637
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1935
Construction
FRAME
Total area
23,031 SF
Lot
2.04 ac (88,775 SF)
Zoning code
HB
APN
NHAM M:024D B:0081 L:0001
UPID
US38-0962637
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
$4.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.85M
Owner & transaction history
Cosenzi Auto Rlty LP · 3 yrs held
Cosenzi Auto Rlty LP
since 2023
Last sale
$5.3M
4 recorded transactions
Zoning & alternative use
HB · Northampton, 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 Northampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northampton 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
$4,365,000
ML approach
$4,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,830,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,145,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.85M
Range $4.36M – $5.33M · ±10% · vs last sale $5.25M (Feb 9 2023)
Last sale anchor
$5.25M
Feb 9 2023
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
$210 / 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
$26,958
Tax year 2024
Assessed value
$1,774,700
Assessed 2024
Previous assessed
$1,774,700
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,602,400
Assessed improvement
$172,300
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1935
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Total area
23,031 SF
Lot
2.04 ac (88,775 SF)
Zoning code
HB
APN
NHAM M:024D B:0081 L:0001
UPID
US38-0962637
Jurisdiction
NORTHAMPTON
Zoning & alternative use
HB · Northampton, MA
Zoning HB · permitted uses
HB · Northampton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1935
Construction
FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Cosenzi Auto Rlty LP
Entity
Mailing address
171 KING ST, NORTHAMPTON, MA 01060
Ownership since
2023
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
Feb 9, 2023
$5,250,000
Cosenzi Auto Rlty LP
Don Lia
Quit Claim Arm's Length For Ne States
$15,000,000 · Liberty Bank
Jan 17, 2012
—
Don Lia
—
Deed Of Trust
related
$2,110,750 · Hampden Savings Bank
Nov 22, 2005
—
Don Lia
—
Deed Of Trust
related
$2,500,000 · Hampden Savings Bank
Jun 13, 2001
—
Don Lia
—
Deed Of Trust
related
$1,991,000 · Ford Motor Credit Co
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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