198 Ml Vlg Rd, Deerfield, MA 01342-9721
- Investment properties
- 4,400 SF
- 18.38 lot acres
Current Use by Public Records
- Investment properties
Property Details for 198 Ml Vlg Rd
- Year built
- 1976
- Construction
- FRAME
- Lot size
- 18.38 lot acres
- Zone code
- RA
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- DEER M:94 L:16
- APU
- DEERM94L16
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 1, 2025 | — | 198 Mill Village LLC | — | Deed · related | $352k · Granite State Economic Development Corp |
| Feb 4, 2020 | — | Gogriz LLC | — | Deed · related | $20M · 317 Opportunities LLC |
| Apr 3, 2019 | $3,000,000 | Gogriz LLC | Pioneer Gardens INC | Quit Claim Deed | — |
| Dec 7, 2011 | — | Pioneer Gardens INC | — | Deed Of Trust · related | $250k · Greenfield Capital Bank |
| Aug 20, 2010 | — | Pioneer Gardens INC | — | Deed Of Trust · related | $680k · Greenfield Capital Bank |
| Feb 7, 2002 | — | Rocio Z Vriend | — | Deed Of Trust · related | $450k · First Pioneer Farm Credit Aca |
| Feb 26, 1993 | $30,000 | Stewarts Nursery INC | Smiaroski,donald A | Grant Deed | — |
| — | — | Gogriz LLC | — | Deed Of Trust · related | $20M · 317 Opportunities LLC |
Description
This exceptional 18.37-acre property in Deerfield, MA, presents a unique investment opportunity. The estate encompasses a diverse portfolio of buildings and land uses, offering significant potential for redevelopment or continued operation. The property includes a single-family home, a two-family home, and a newly constructed office building featuring ADA-compliant access and restrooms. The office building is a significant asset, providing modern, accessible space. Adding to the property's versatility are substantial greenhouses covering approximately 2.5 acres, ideal for various agricultural or horticultural ventures. A portion of the land is currently leased for agricultural purposes, generating potential rental income. Both residential properties require some rehabilitation, presenting an opportunity for value enhancement through renovation. The extensive acreage allows for multiple development scenarios, including a return to the previous parcel division. The property's diverse components and substantial land area make it suitable for a wide range of uses, from residential and commercial development to agricultural expansion. Prospective buyers are encouraged to conduct their own due diligence to explore the full range of possibilities and determine the optimal future use of this remarkable property. The asking price is $2,100,000. The address is 198 Mill Village, Deerfield, MA.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $410,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $760,000
- 6.5%
- $700,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $514,000
- AI Estimate
- $529,000
Market price range: $155k - $514kMarket price range: $192k - $530k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $340,000 Current use
- AUTO REPAIR, GARAGE
- $500,000 Change: +47% Conversion: Difficult
- OFFICE BUILDING
- $480,000 Change: +42% Conversion: Easy
- RETAIL STORES
- $460,000 Change: +35% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Deerfield
- County
- Franklin
- State
- Massachusetts
- Longitude
- -72.6126
- Latitude
- 42.5215
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
