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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Warehouses
235 Bowles Rd, Agawam, MA 01001-2964
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0925869
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
STEEL FRAME
Total area
40,200 SF
Lot
5.6 ac (243,936 SF)
Zoning code
IA
APN
AGAW M:00G6 B:0001 L:8
UPID
US38-0925869
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
-
SBS Inc. (Specialty Bolt & Screw Inc.) Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.57M
Owner & transaction history
235 Bowles Road LLC · 5 yrs held
235 Bowles Road LLC
since 2020
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
IA · Agawam, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+99.0%
Office building
$3.7M
+79.4%
Commercial (general)
$3.5M
+71.1%
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
$2,465,000
ML approach
$2,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,055,000
Current use
RETAIL STORES
$4,090,000
Change: +99% · Conversion: Moderate
OFFICE BUILDING
$3,685,000
Change: +79% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,515,000
Change: +71% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,255,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$2.57M
Range $2.31M – $2.83M · ±10% · vs last sale $2.53M (Nov 13 2020)
Last sale anchor
$2.53M
Nov 13 2020
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
$64 / 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
$63,389
Tax year 2024
Assessed value
$2,301,700
Assessed 2024
Previous assessed
$1,964,300
+17.2% YoY
Effective rate
2.75%
On assessed value
Assessed land
$267,400
Assessed improvement
$2,034,300
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
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
40,200 SF
Lot
5.6 ac (243,936 SF)
Zoning code
IA
APN
AGAW M:00G6 B:0001 L:8
UPID
US38-0925869
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
WAREHOUSE, STORAGE Current
Est. value
$2.1M
RETAIL STORES
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
5.6 ac
Current owner
From public records · entity-resolved
235 Bowles Road LLC
Entity
Mailing address
235 BOWLES RD, AGAWAM, MA 01001-2964
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2021
—
235 Bowles Rd LLC
—
Deed
related
$1,040,000 · New England Certified Development Corp
Nov 13, 2020
$2,525,253
235 Bowles Road LLC
Crosby Queenin Prop LLC
Quit Claim Arm's Length For Ne States
$1,063,636 · Westfield Bank Fsb
Feb 7, 2011
$1
Crosby Queenin Props LLC
Crosby,alan F
Grant Deed
—
Oct 11, 1995
—
Alan F Crosby
—
Deed Of Trust
related
$210,000 · Ma Business Development Corp
Nov 29, 1994
—
Alan F Crosby
—
Deed Of Trust
related
$1,050,000 · Park West Bank
Oct 11, 1994
$280,000
Alan F Crosby
Westmass Area Dev Corp
Grant Deed
—
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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