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Financial
Distress signals
Property profile

24 Water St Palmer, MA 01069

OFF-MARKET
Manufacturing properties
Property ID
US38-1278357
22,920 SF 0.51 ac lot Built 1924
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 24 Water Street in Palmer, Massachusetts, the property is a historic industrial building constructed in 1924. It contains approximately 26,318 square feet of interior space and is laid out in a manner suitable for manufacturing, assembly, and/or distribution uses. The structure provides a substantial, open interior that may be adaptable for modernization and configuration changes. The building is situated within an industrial community near transportation and regional market…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$418k
Assessed land$75k
Assessed improvement$343k
Effective rate1.87%

Value estimate

· Oct 2026
$480k
$432k – $528k
AI approach$480k
Submarket $/SF estimate$668k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$56/SF
County average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$27 – $84

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IA
The industrial zones are for areas within the Town that are reserved for industrial uses and for areas that are of mixed use, but have a ...
General categoryMIXED_USE
JurisdictionPALMER

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.5
Dental Office9.1
Realty agency9.0

Location

24 Water St Palmer, MA 01069-1885
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8 Chamber, Palmer, MA 01069-9318 $750,000 Dec 2025 9,900 SF
25 Ware, Palmer, MA 01069-1514 $2,000,000 Oct 2023 40,964 SF
15 2nd, Palmer, MA 01069-1536 $670,000 Nov 2022 10,500 SF
9 3rd, Palmer, MA 01069-1542 $500,000 Jul 2022 7,120 SF
8 1st, Palmer, MA 01069 $600,000 Jun 2020 18,260 SF
9 2nd, Palmer, MA 01069-1536 $1,500,000 Oct 2018 28,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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