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Property profile & analytics
OFF-MARKET
Estimated value
$5,170,000
Industrial properties
307 Mdw St, Chicopee, MA 01013
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1370549
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Construction
STEEL FRAME
Lot
7.14 ac (311,018 SF)
Zoning code
105
APN
CHIC M:0472 P:00035
UPID
US38-1370549
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
$5.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.17M
Owner & transaction history
Gleason Johndrow Grp LLC · 4 yrs held
Gleason Johndrow Grp LLC
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
105 · Chicopee, 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 Chicopee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicopee 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
$5,360,000
ML approach
$5,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.17M
Range $4.65M – $5.69M · ±10% · vs last sale $5.05M (Jan 18 2022)
Last sale anchor
$5.05M
Jan 18 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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$125,653
Tax year 2020
Assessed value
$4,101,200
Assessed 2024
Previous assessed
$4,101,200
+0.0% YoY
Effective rate
3.06%
On assessed value
Assessed land
$607,500
Assessed improvement
$3,493,700
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
YES
Buildings
5
Units
1
Lot
7.14 ac (311,018 SF)
Zoning code
105
APN
CHIC M:0472 P:00035
UPID
US38-1370549
Jurisdiction
CHICOPEE
Zoning & alternative use
105 · Chicopee, MA
Zoning 105 · permitted uses
105 · Chicopee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chicopee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
Yes
Buildings
5
Units
1
Lot
7.14 ac
Current owner
From public records · entity-resolved
Gleason Johndrow Grp LLC
Entity
Mailing address
PO BOX 60525, FLORENCE, MA 01062-0525
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
—
Gleason Johndrow Grp LLC
—
Deed
related
$500,000 · Anthony Gleason II
Jan 18, 2022
$5,050,000
Gleason Johndrow Grp LLC
Meadow St Partners LLP
Quit Claim Arm's Length For Ne States
$4,050,000 · Greenfield Savings Bank
Apr 30, 2020
—
Meadow Street Partners
—
Deed
related
$850,000 · Westfield Bank Fsb
Mar 1, 2004
$1
Meadow Street Partner LLC
Oleary,edward J
Grant Deed
related
—
Nov 20, 2002
—
Meadow Street Prtnrs Ll
—
Deed Of Trust
related
$1,600,000 · Chicopee Savings Bank
Feb 29, 2000
—
Meadow St. Ptrs LLP
—
Deed Of Trust
related
$1,600,000 · Chicopee Savings Bank
Mar 13, 1987
—
Meadow St. Partners
—
Deed Of Trust
related
$475,000 · Shawmut First Bank & Trust Co
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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