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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Warehouses
2 Brown St, Pittsfield, MA 01201-4344
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US38-0578461
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1850
Construction
FRAME
Total area
51,860 SF
Lot
2.1 ac (91,476 SF)
Zoning code
IG
APN
PITT M:I10 B:0004 L:005
UPID
US38-0578461
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
-
Berkshire Swimming Pool Swimming Pool Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.18M
Owner & transaction history
Paul R Clark · 24 yrs held
Paul R Clark
since 2002
7 recorded transactions
Zoning & alternative use
IG · Pittsfield, 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 Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield 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
$855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,945,000
Current use
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±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
$23 / 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
$17,745
Tax year 2024
Assessed value
$448,000
Assessed 2024
Previous assessed
$448,000
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$111,500
Assessed improvement
$336,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1850
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
1
Total area
51,860 SF
Lot
2.1 ac (91,476 SF)
Zoning code
IG
APN
PITT M:I10 B:0004 L:005
UPID
US38-0578461
Jurisdiction
PITTSFIELD
Zoning & alternative use
IG · Pittsfield, MA
Zoning IG · permitted uses
IG · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.9M
WAREHOUSE, STORAGE Current
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
1850
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Paul R Clark
Individual
Mailing address
PO BOX 297, LANESBOROUGH, MA 01237-0297
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2010
—
Paul R Clark
—
Deed Of Trust
related
$310,000 · Greylock FCU
Sep 4, 2009
—
Paul R Clark
—
Deed Of Trust
related
$300,000 · Greylock FCU
Jun 14, 2002
—
Clark,paul R
—
Grant Deed
related
$75,000 · Legacy Banks
Jun 11, 2002
$300,000
Paul R Clark
Gallagher & Klein Realty
Grant Deed
$225,000 · Legacy Banks
Nov 5, 1999
—
Gallagher Rlty
—
Deed Of Trust
related
$45,500 · Thomas A Ricchi
Jul 13, 1998
—
Gallagher Rlty
—
Deed Of Trust
related
$263,000 · Thomas A Ricchi
May 14, 1996
—
Gallagher & Klein Rlty
—
Grant Deed
related
$125,000 · Bankboston Development Co LLC
May 10, 1996
$70,000
Gallagher Rlty
Glutzkin,robert B
Grant Deed
—
Sep 14, 1992
—
Robert B Slutzkin
—
Deed Of Trust
related
$135,740 · Eugene H Rosenberg
Oct 25, 1991
—
Robert B Slutzkin
—
Deed Of Trust
related
$152,000 · First Agricultural Bank
Aug 30, 1989
—
Robert B Slutzkin
—
Deed Of Trust
related
$60,000 · Bank Of New Eng, West
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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