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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Industrial properties
1804 Main St, Agawam, MA 01001-2578
Entity Owned
21-yr Hold
Free & Clear
Property ID
US38-0837342
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1940
Construction
FRAME
Total area
5,618 SF
Lot
3.5 ac (152,451 SF)
Zoning code
IA
APN
AGAW M:00K1 B:0001 L:3
UPID
US38-0837342
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
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$750k
Owner & transaction history
Lrb RT LLC · 21 yrs held
Lrb RT LLC
since 2005
3 recorded transactions
Zoning & alternative use
IA · Agawam, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$755,000
+53.4%
Auto repair, garage
$705,000
+43.2%
Retail stores
$570,000
+16.3%
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 Agawam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Agawam 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%
$950,000
6.5%
$875,000
7%
$815,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$490,000
Current use
RESTAURANT
$755,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$515,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$133 / 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
Assessed value
$931,800
Assessed 2024
Previous assessed
$949,900
-1.9% YoY
Assessed land
$647,900
Assessed improvement
$283,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
3
Bathrooms
2
Total area
5,618 SF
Lot
3.5 ac (152,451 SF)
Zoning code
IA
APN
AGAW M:00K1 B:0001 L:3
UPID
US38-0837342
Jurisdiction
AGAWAM
Zoning & alternative use
IA · Agawam, MA
Zoning IA · permitted uses
IA · Agawam, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Agawam. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$490,000
RESTAURANT
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$705,000
RETAIL STORES
Est. value
$570,000
OFFICE BUILDING
Est. value
$515,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1940
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
3
Bathrooms
2
Lot
3.5 ac
Current owner
From public records · entity-resolved
Lrb RT LLC
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 272, AGAWAM, MA 01001-0272
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2005
—
Lrb RT LLC
—
Deed Of Trust
related
$430,000 · Hampden Savings Bank
Feb 16, 2005
$1
Lrb RT LLC
Gardner,birdie M
Grant Deed
—
Sep 30, 2004
$1
Birdie M Gardner
Gardner,birdie M
Grant 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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