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    Property profile & analytics

    2 Park St Adams, MA 01220-2100

    • Office buildings
    • 18,274 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    $565,000
    Location Intelligence
    Property ID
    US38-0150760
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Greylock Insurance Agency / Insurance Agency
    • Greylock Federal Credit Union / Bank / Credit Union
    • Adam's BHS Lab / Medical Clinic
    • Dr. Bonnie H. Herr, MD / Doctor
    • Adams Internists of BMC / Medical Center

    Property Details for 2 Park St

    Year built
    1971
    Lot size
    0.01 lot acres
    Property size
    18,274 SF
    Zone code
    B2
    Property type
    Office buildings
    APN
    ADAM M:1150 B:0000 L:01040
    APU
    ADAMM1150B0000L01040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $590,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $520,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $490,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $520,000
      Mixed-Use
      $495,000
      Hospitality
      $535,000
      Educational
      $445,000
      Residential Income
      $590,000
      Energy
      $560,000
      Income-Based Land
      $580,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Adams
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.1215
    Latitude
    42.6207
    CBSA code
    38340
    CBSA name
    PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,057
    $0.00
    $786,500
    $786,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $255,000
      5,651 SF

      9 Park St

      OFFICE BUILDING • 5,651 SF
      9 Park St, Adams, MA 01220-2011
      View Details
    • Value Estimation
      $260,000
      650 SF

      1 Grv St

      OFFICE BUILDING • 650 SF
      1 Grv St, Adams, MA 01220-2115
      View Details
    • Value Estimation
      $400,000
      10,224 SF

      2nd Riv St

      OFFICE BUILDING • 10,224 SF
      2nd Riv St, Adams, MA 01220-1824
      View Details
    • Value Estimation
      $310,000
      4,458 SF

      17 Depot St

      OFFICE BUILDING • 4,458 SF
      17 Depot St, Adams, MA 01220-1858
      View Details
    • Value Estimation
      $410,000
      8,808 SF

      46 Howland Ave

      OFFICE BUILDING • 8,808 SF
      46 Howland Ave, Adams, MA 01220-1122
      View Details
    • Value Estimation by Request

      86 Summer St

      Office Properties & Spaces
      86 Summer St, Adams, MA 01220
      View Details

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      Duplex in Adams with separate utilities and fenced backyard.
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    2 Park St
    Adams, MA 01220-2100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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