Property profile

28 Depot St Palmer, MA 01069

OFF-MARKET
Turn key restaurants
Property ID
US38-1795481
6,370 SF 0.43 ac lot Built 1878
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1878
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,370 SF
Lot 0.43 ac (18,731 SF)
Zoning code VC1
APN PALM M:57 B:98
UPID US38-1795481

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company

Location

28 Depot St Palmer, MA 01069-1808
Palmer metro Census 810100 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2006
Price N/A
2004
Price N/A
2003
Price N/A
2001
Price N/A

Zoning & alternative use

VC1 · Palmer, MA
Zoning description

It is the purpose of this bylaw to allow for the orderly and planned development of Palmer downtown area.

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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