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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Office buildings
2 Brg Dr, Agawam, MA 01001-2015
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0395484
Property summary
AI-generated overview
This single-story, 28,898 square foot Class B office building, constructed in 1975, offers multiple tenancy options in Agawam, MA. Situated on a 3.98-acre lot and zoned Industrial A, the property provides excellent accessibility. Currently, 1,100 square feet of vacant space is immediately available, divisible to a minimum of 1,100 square feet and a maximum contiguous space of 1,100 square feet. The building features one suite, offering flexible layouts to accommodate various business needs. One available suite includes a reception/waiting area, two private offices, and a large conference room/additional office space. Alternatively, three individual offices sharing a private bathroom are also available for lease. All available spaces are conveniently located on the first floor. The property boasts abundant on-site parking, a significant advantage for employees and clients. This location offers easy access via the rotary, making it an ideal choice for businesses seeking convenient access and ample space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
STEEL FRAME
Total area
28,898 SF
Lot
3.98 ac (173,378 SF)
Zoning code
IA
APN
AGAW M:0N13 B:0008 L:2
UPID
US38-0395484
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
-
Connor Sandman & Weisser Law Firm
-
Geraldine A. Kasulinous, APRN Physician
-
Pathways To Healing Physician Medical Clinic
-
Baroco Habilitation Center Disability Services
-
Creative Art Therapies and Wellness, LLC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$1.57M
Owner & transaction history
Jpgco LLC · 5 yrs held
Jpgco LLC
since 2020
3 recorded transactions
Zoning & alternative use
IA · Agawam, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,525,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±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
$54 / 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
$52,651
Tax year 2024
Assessed value
$1,911,800
Assessed 2024
Previous assessed
$1,411,300
+35.5% YoY
Effective rate
2.75%
On assessed value
Assessed land
$364,200
Assessed improvement
$1,547,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
10
Bathrooms
15
Total area
28,898 SF
Lot
3.98 ac (173,378 SF)
Zoning code
IA
APN
AGAW M:0N13 B:0008 L:2
UPID
US38-0395484
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)
Est. value
$2.5M
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
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
10
Bathrooms
15
Lot
3.98 ac
Current owner
From public records · entity-resolved
Jpgco LLC
Entity
Mailing address
1201 MAPLETON AVE, SUFFIELD, CT 06078-1336
Ownership since
2020
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
Oct 14, 2020
$50,000
Jpgco LLC
Mary Watters
Quit Claim Deed
$1,040,000 · Easthampton Svgs Bk
Nov 17, 2004
$1
Garra LLC
Watters,mary
Grant Deed
related
—
Apr 23, 1987
—
Patrick J Watters
—
Deed Of Trust
related
$960,000 · Bankboston Development Co LLC
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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