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Property profile & analytics
OFF-MARKET
Estimated value
$350,000
Retail space
240 Mohawk Trl Greenfield, MA 01301-9623
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-1246933
Property summary
AI-generated overview
This freestanding, two-story office building, totaling 2,023 square feet, is ideally situated on Route 2 (Mohawk Trail) in Greenfield, Massachusetts, just off I-91. Built in 1969, the property boasts excellent visibility and high traffic counts due to its location near a busy rotary in a major retail area, minutes from Greenfield's city center. The building features a mostly open first floor layout, perfect for various business needs, complemented by a mezzanine office area. A full, unfinished basement provides ample storage space. The building benefits from abundant natural sunlight. The zoning is GC, and the property is a single-tenant space, currently vacant. With its convenient highway access and high-traffic location, this property presents a unique opportunity for businesses seeking a prominent presence in a thriving commercial area. The building has no elevators. Ideal for a variety of uses.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
FRAME
Total area
2,023 SF
Lot
0.31 ac (13,626 SF)
Zoning code
GC
APN
GREE M:0037 B:007A L:0
UPID
US38-1246933
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
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$350k
Owner & transaction history
242 Mohawk LLC · 2 yrs held
242 Mohawk LLC
since 2023
Last sale
$350,000
4 recorded transactions
Zoning & alternative use
GC · Greenfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the General Commercial District is to provide areas for mixed retail, commercial and industrial uses.
Zone name
General Commercial
General category
INDUSTRIAL
Zone area
787.23 ac
Source
Realmo
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 Greenfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenfield 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
$350,000
ML approach
$300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$350k
Range $315k – $385k · ±10% · vs last sale $350k (Dec 13 2023)
Last sale anchor
$350k
Dec 13 2023
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
$173 / 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
$10,780
Tax year 2024
Assessed value
$528,700
Assessed 2024
Previous assessed
$528,700
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$264,700
Assessed improvement
$264,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
2
Total area
2,023 SF
Lot
0.31 ac (13,626 SF)
Zoning code
GC
APN
GREE M:0037 B:007A L:0
UPID
US38-1246933
Jurisdiction
GREENFIELD
Zoning & alternative use
GC · Greenfield, MAZoning GC · permitted uses
GC · Greenfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the General Commercial District is to provide areas for mixed retail, commercial and industrial uses.
Zone name
General Commercial
General category
INDUSTRIAL
Zone area
787.23 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
242 Mohawk LLC
Entity
Free & Clear · 2 yrs held
Mailing address
240 MOHAWK TRL, GREENFIELD, MA 01301-9623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2023
$350,000
242 Mohawk LLC
Sherman Realty LLC
Deed
—
Feb 3, 2003
$295,000
Sherman Realty LLC
Fox Brook RT
Grant Deed
$236,000 · Bank Of Western Massachusetts
Jun 29, 1992
—
Brook RT Fox
—
Deed Of Trust
related
$20,000 · Allyn Coombs Retire T
Mar 20, 1987
$200,000
Brook RT Fox
Warren,jacqueline H
Grant Deed
$160,000 · Greenfield Savings 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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