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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Retail properties & Spaces
255 Westfield St Feeding Hills, MA 01030-2713
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-0876248
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2020
Construction
STEEL FRAME
Total area
9,100 SF
Lot
1.61 ac (70,329 SF)
Zoning code
IA
APN
AGAW M:00E8 B:0002 L:16
UPID
US38-0876248
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
$1.21M
Blend (final)
Blend
$1.22M
Owner & transaction history
Depalma Realty INC · 7 yrs held
Depalma Realty INC
since 2019
4 recorded transactions
Zoning & alternative use
IA · Feeding Hills, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+31.9%
Auto repair, garage
$1.1M
+23.1%
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 Feeding Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Feeding Hills 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$925,000
Current use
RESTAURANT
$1,220,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,140,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$795,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10%
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
$134 / 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
$27,559
Tax year 2024
Assessed value
$1,000,700
Assessed 2024
Previous assessed
$859,542
+16.4% YoY
Effective rate
2.75%
On assessed value
Assessed land
$186,200
Assessed improvement
$814,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Total area
9,100 SF
Lot
1.61 ac (70,329 SF)
Zoning code
IA
APN
AGAW M:00E8 B:0002 L:16
UPID
US38-0876248
Jurisdiction
AGAWAM
Zoning & alternative use
IA · Feeding Hills, MAZoning IA · permitted uses
IA · Feeding Hills, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$925,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$795,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (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
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Depalma Realty INC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 189, FEEDING HILLS, MA 01030-0189
Ownership since
2019
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
Aug 19, 2020
—
Depalma Realty INC
—
Deed
related
$1,850,000 · Polish National Cu
Apr 1, 2019
$300,000
Depalma Realty INC
First 9 LLC
Quit Claim Deed
—
Apr 17, 2008
$375,000
1st 9 LLC
Bgm Realty LLC
Grant Deed
$56,000 · Zuckerman Family Nomi
Apr 17, 2008
—
First Nine LLC
—
Deed Of Trust
related
$56,000 · Bgm Realty LLC
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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