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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Warehouses
179 Silvio O Conte Dr Greenfield, MA 01301-1356
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1781489
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2011
Construction
STEEL FRAME
Total area
6,600 SF
Lot
26.66 ac (1,161,279 SF)
Zoning code
PI
APN
GREE M:0R05 B:024E L:0
UPID
US38-1781489
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
-
Northeast Biodiesel Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$560k
Owner & transaction history
Peter A Gerry · 1 yrs held
Peter A Gerry
since 2025
6 recorded transactions
Zoning & alternative use
PI · Greenfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Planned Industry District is to promote the industrial development of the City by providing a zone for park-like development of industry which is protected from commercial and residential encroachment while minimizing potential adverse environmental impacts.
Zone name
Planned Industry
General category
INDUSTRIAL
Zone area
598.95 ac
Source
Realmo
Top alternative use upside
Office building
$840,000
+110.3%
Restaurant
$730,000
+83.5%
Auto repair, garage
$610,000
+52.7%
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 Greenfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenfield 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
by Request
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$400,000
Current use
OFFICE BUILDING
$840,000
Change: +110% · Conversion: Difficult
RESTAURANT
$730,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$610,000
Change: +53% · Conversion: Easy
RETAIL STORES
$500,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$450,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$85 / 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
$17,631
Tax year 2024
Assessed value
$864,700
Assessed 2024
Previous assessed
$864,700
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$159,600
Assessed improvement
$705,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
4
Total area
6,600 SF
Lot
26.66 ac (1,161,279 SF)
Zoning code
PI
APN
GREE M:0R05 B:024E L:0
UPID
US38-1781489
Jurisdiction
GREENFIELD
Zoning & alternative use
PI · Greenfield, MAZoning PI · permitted uses
PI · Greenfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Planned Industry District is to promote the industrial development of the City by providing a zone for park-like development of industry which is protected from commercial and residential encroachment while minimizing potential adverse environmental impacts.
Zone name
Planned Industry
General category
INDUSTRIAL
Zone area
598.95 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$400,000
OFFICE BUILDING
Est. value
$840,000
RESTAURANT
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$610,000
RETAIL STORES
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$450,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2011
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
4
Lot
26.66 ac
Current owner
From public records · entity-resolved
Peter A Gerry
Individual
Free & Clear · 1 yrs held
Mailing address
296 NONOTUCK ST STE #4, FLORENCE, MA 01062-2674
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2025
$450,000
Peter A Gerry
Northeast Biodiesel Co Ll
Deed
related
—
Sep 26, 2022
—
Northeast Biodiesel Co
—
Deed
related
$180,228 · Local Enterprise Assi
May 9, 2022
—
Life Ins Cmnty Inv Intiat
—
Deed
related
$650,000 · Northeast Biodiesel C
Jan 11, 2017
—
Northeast Biodiesel Co
—
Deed
related
$100,000 · Dan Post
Nov 3, 2011
—
Northeast Biodiesel Co
—
Deed Of Trust
related
$275,000 · Frank Stiebel
—
—
Northeast Biodiesel Co
—
Deed Of Trust
related
$100,000 · Dan Post
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.
Try Rey
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