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Property profile & analytics
OFF-MARKET
Warehouses
23 2nd St, Palmer, MA 01069
Entity Owned
8-yr Hold
Free & Clear
Property ID
US38-1347300
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Antietam Properties LLC · 8 yrs held
Antietam Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
URIP · Palmer, 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 Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,185
Tax year 2024
Assessed value
$421,700
Assessed 2024
Previous assessed
$390,700
+7.9% YoY
Effective rate
1.94%
On assessed value
Assessed land
$67,800
Assessed improvement
$353,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
GRAVITY
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
11,094 SF
Lot
3.78 ac (164,657 SF)
Zoning code
URIP
APN
PALM M:34 B:11
UPID
US38-1347300
Jurisdiction
PALMER
Zoning & alternative use
URIP · Palmer, MA
Zoning URIP · permitted uses
URIP · Palmer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
GRAVITY
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
3.78 ac
Current owner
From public records · entity-resolved
Antietam Properties LLC
Entity
Free & Clear · 8 yrs held
Mailing address
159 BRIMFIELD RD, MONSON, MA 01057-9629
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2018
$100,000
Antietam Properties LLC
Duffy,donald R
Quit Claim Deed
—
Dec 28, 2004
—
Donald Duffy
—
Deed Of Trust
related
$310,000 · Country Bank
Jul 23, 1997
—
Donald R Duffy
—
Deed Of Trust
related
$37,500 · Country Bank
Oct 11, 1995
—
Donald R Duffy
—
Deed Of Trust
related
$50,000 · Country Bank
Feb 11, 1991
—
Donald R Duffy
—
Deed Of Trust
related
$50,000 · Wilfred Danylieko
May 6, 1987
$41,950
Donald R Duffy
Palmer Redev Auth
Grant Deed
—
May 6, 1987
—
Donald R Duffy
—
Deed Of Trust
related
$140,000 · Country Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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