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Property profile & analytics
FOR LEASE
Industrial properties
296 Nonotuck St Florence, MA 01062
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US38-1810682
For Lease
1 / 2
$17 SF/Yr
296 Nonotuck St, Florence, MA 01062
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1885
Construction
FRAME
Lot
3 ac (130,680 SF)
Zoning code
SI
APN
NHAM M:022B B:0043 L:0001
UPID
US38-1810682
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Nonotuck Mill LLC · 18 yrs held
Nonotuck Mill LLC
since 2008
7 recorded transactions
Zoning & alternative use
SI · Northampton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
—
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
$30,052
Tax year 2024
Assessed value
$1,978,400
Assessed 2024
Previous assessed
$1,937,000
+2.1% YoY
Effective rate
1.52%
On assessed value
Assessed land
$406,300
Assessed improvement
$1,572,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1885
Construction
FRAME
Heating
NONE
Buildings
2
Units
1
Lot
3 ac (130,680 SF)
Zoning code
SI
APN
NHAM M:022B B:0043 L:0001
UPID
US38-1810682
Jurisdiction
NORTHAMPTON
Zoning & alternative use
SI · Northampton, MA
Zoning SI · permitted uses
SI · Northampton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1885
Construction
FRAME
Heating
NONE
Buildings
2
Units
1
Lot
3 ac
Current owner
From public records · entity-resolved
Nonotuck Mill LLC
Entity
Mailing address
PO BOX 1ST 1, FLORENCE, MA 01062
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2020
—
Nonotuck Mill LLC
—
Deed
related
$1,100,000 · Westfield Bank Fsb
Apr 3, 2008
$950,000
Nonotuck Mill LLC
Pmc Pro Corp
Deed
$1,290,000 · Westfield Bank
Mar 14, 2001
—
Pro Corp-pmc
—
Grant Deed
related
$10,000,000 · First Union National Bank
Oct 15, 1998
—
Pro Corp - Pmc
—
Deed Of Trust
related
$1,650,000 · Mass Dev Financial
May 2, 1996
—
Summit Plastc Solution
—
Deed Of Trust
related
$913,612 · Presto Plastics Corp
Apr 20, 1995
—
Pro Corp
—
Deed Of Trust
related
$750,000 · Business Lender Other
Aug 15, 1991
—
Pro Corp
—
Deed Of Trust
related
$850,000 · Yellow Freight Ecu
Dec 28, 1989
—
Pro Corp
—
Deed Of Trust
related
$2,000,000 · Us Trust Co
Nov 5, 1987
—
Pro Corp
—
Deed Of Trust
related
$1,500,000 · Shawmut Bank Hampshire
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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