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Property profile & analytics
FOR LEASE
Retail space
18 Wheeler Rd, Greenfield, MA 01301
Individually Owned
4-yr Hold
Free & Clear
Property ID
US38-1131308
For Lease
$2,705,000
18 Wheeler Rd, Greenfield, MA 01301
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
FRAME
Total area
5,692 SF
Lot
0.38 ac (16,562 SF)
Zoning code
GC
APN
GREE M:0046 B:0001 L:0
UPID
US38-1131308
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
$2.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
Mag Re Hldg Mohawk Trl · 4 yrs held
Mag Re Hldg Mohawk Trl
since 2022
Last sale
$2.8M
4 recorded transactions
Zoning & alternative use
GC · Greenfield, 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 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
$2,655,000
ML approach
$2,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±10% · vs last sale $2.75M (Jun 27 2022)
Last sale anchor
$2.75M
Jun 27 2022
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
$475 / 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
$2,261
Tax year 2024
Assessed value
$110,900
Assessed 2024
Previous assessed
$110,900
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$54,200
Assessed improvement
$56,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Lease
Year built
1964
Construction
FRAME
Heating
ELECTRIC
Buildings
1
Stories
1
Bathrooms
1
Total area
5,692 SF
Lot
0.38 ac (16,562 SF)
Zoning code
GC
APN
GREE M:0046 B:0001 L:0
UPID
US38-1131308
Jurisdiction
GREENFIELD
Zoning & alternative use
GC · Greenfield, MA
Zoning GC · permitted uses
GC · Greenfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
FRAME
Heating
ELECTRIC
Stories
1
Buildings
1
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Mag Re Hldg Mohawk Trl
Individual
Free & Clear · 4 yrs held
Mailing address
777 WASHINGTON ST, NEWTON, MA 02460-1701
Ownership since
2022
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
Apr 30, 2026
—
Trl Mag
—
Deed
related
$3,960,000
Jun 27, 2022
—
Mag Re Hldg Mohawk Trl
Mag Re Hldg-grnfield
Quit Claim Deed
related
—
Mar 31, 2022
$2,750,000
Mag Re Hldg-greenfield
Parmar Prop North LLC
Quit Claim Arm's Length For Ne States
—
Jan 29, 2018
$150,000
Parmar Properties North
Schmidt,helga L
Quit Claim 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.
Try Rey
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