New search
Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Showrooms
28 Commercial Dr, Hampden, MA 01036-9673
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1267107
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
6,900 SF
Lot
1.8 ac (78,408 SF)
Zoning code
COMM
APN
HAMP M:0012 B:0079 L:0
UPID
US38-1267107
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
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$622k
Blend (final)
Blend
$665k
Owner & transaction history
Sb Equities LLC · 3 yrs held
Sb Equities LLC
since 2022
Last sale
$660,000
7 recorded transactions
Zoning & alternative use
COMM · Hampden, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$925,000
+53.4%
Auto repair, garage
$865,000
+43.2%
Retail stores
$700,000
+16.3%
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 Hampden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampden 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
$700,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$605,000
Current use
RESTAURANT
$925,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$865,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$700,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$635,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $660k (Aug 23 2022)
Last sale anchor
$660k
Aug 23 2022
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
$96 / 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
$9,565
Tax year 2024
Assessed value
$610,800
Assessed 2024
Previous assessed
$460,700
+32.6% YoY
Effective rate
1.57%
On assessed value
Assessed land
$84,200
Assessed improvement
$526,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
6,900 SF
Lot
1.8 ac (78,408 SF)
Zoning code
COMM
APN
HAMP M:0012 B:0079 L:0
UPID
US38-1267107
Jurisdiction
HAMPDEN
Zoning & alternative use
COMM · Hampden, MA
Zoning COMM · permitted uses
COMM · Hampden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$605,000
RESTAURANT
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$865,000
RETAIL STORES
Est. value
$700,000
OFFICE BUILDING
Est. value
$635,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Sb Equities LLC
Entity
Mailing address
134 THRESHER RD, HAMPDEN, MA 01036-9648
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2022
$660,000
Sb Equities LLC
28 Commercial Drive LLC
Quit Claim Arm's Length For Ne States
$330,000 · Monson Savings Bank
Aug 23, 2022
—
Sb Equities LLC
—
Deed
related
$272,000 · Granite State Economic Development Corp
Feb 28, 2019
$335,000
28 Coml Drive LLC
Spartan Realty INC
Quit Claim Deed
—
Jan 9, 2009
—
Spartan Realty INC
—
Deed Of Trust
related
$35,000 · Monson Savings Bank
Apr 3, 2007
—
Spartan Rlty INC
—
Deed Of Trust
related
$60,000 · Monson Savings Bank
Jan 13, 2005
—
Spartan Realty INC
—
Deed Of Trust
related
$100,000 · Monson Savings Bank
Aug 28, 2003
—
Spartan Rlty INC
—
Deed Of Trust
related
$45,199 · Monson Savings Bank
Jul 20, 2001
—
Spartan Rlty INC
—
Deed Of Trust
related
$50,000 · Monson Savings Bank
Jan 13, 2000
—
Spartan Rlty INC
—
Deed Of Trust
related
$5,400 · Monson Savings Bank
Jun 24, 1999
$240,000
Spartan Rlty INC
Rocky Coast LLC
Grant Deed
$205,000 · Monson Savings Bank
Jun 24, 1999
$210,000
Rocky Coast LLC
Turnberg,edward L
Grant Deed
—
Jun 24, 1999
—
Spartan Rlty INC
—
Deed Of Trust
related
$46,321 · Monson Savings Bank
Jun 14, 1991
—
Edward L Turnberg
—
Deed Of Trust
related
$172,000 · Vanguard Savings Bank
Feb 3, 1989
—
Edward L Turnberg
—
Deed Of Trust
related
$175,000 · Bank Of New Eng, West
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 28 Commercial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
