Property profile

23 2nd St Palmer, MA 01069

OFF-MARKET
Warehouses
Property ID
US38-1347300
11,094 SF 3.78 ac lot Built 1988
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Construction STEEL FRAME
Total area 11,094 SF
Lot 3.78 ac (164,657 SF)
Zoning code URIP
APN PALM M:34 B:11
UPID US38-1347300

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23 2nd St Palmer, MA 01069
Palmer metro Census 810200 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2018
7 recorded transactions
2018
$100,000
2004
Price N/A
1997
Price N/A
1995
Price N/A
1991
Price N/A
1987
$41,950
1987
Price N/A

Zoning & alternative use

URIP · Palmer, MA
Zoning description

District Highway Business HB Business "B" District Neighborhood Business NB Business "B" District General Industry A IA Industrial "I" District General Industry B IB Industrial "I" District Urban Renewal Industrial Park…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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