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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Office buildings
309 Pittsfield Rd Lenox, MA 01240-2444
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-0285084
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
FRAME
Total area
5,436 SF
Lot
2.95 ac (128,676 SF)
Zoning code
C-3A
APN
LENO M:27 B:049 P:0000 U:00
UPID
US38-0285084
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
Current use
Occupant on record · Public records
-
Zogics Big Box & Wholesale Store
-
Ardent Fitness Gym & Fitness Center (Bike/Boat/Book/etc) Store
-
Zogics Pet Marketing & Advertising IT Consulting Firm
-
Esco Energy Services Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$940k
Owner & transaction history
Presta Holdings LLC · 8 yrs held
Presta Holdings LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-3A · Lenox, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+57.1%
Restaurant
$1.1M
+39.9%
Retail stores
$780,000
+2.9%
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 Lenox submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenox 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%
$1,260,000
6.5%
$1,160,000
7%
$1,080,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$760,000
Current use
COMMERCIAL (GENERAL)
$1,190,000
Change: +57% · Conversion: Easy
RESTAURANT
$1,060,000
Change: +40% · Conversion: Moderate
RETAIL STORES
$780,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$705,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$173 / 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
$8,618
Tax year 2024
Assessed value
$670,700
Assessed 2024
Previous assessed
$670,700
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$191,800
Assessed improvement
$478,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Rooms
9
Bathrooms
2
Total area
5,436 SF
Lot
2.95 ac (128,676 SF)
Zoning code
C-3A
APN
LENO M:27 B:049 P:0000 U:00
UPID
US38-0285084
Jurisdiction
LENOX
Zoning & alternative use
C-3A · Lenox, MA
Zoning C-3A · permitted uses
C-3A · Lenox, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lenox. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$705,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
1955
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Rooms
9
Bathrooms
2
Lot
2.95 ac
Current owner
From public records · entity-resolved
Presta Holdings LLC
Entity
Mailing address
130 DEAN HL RD, RICHMOND, MA 01254-5019
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2017
$539,000
Presta Holdings LLC
309 Pittsfield Road Rl
Quit Claim Arm's Length For Ne States
$431,200 · Lee Bank
Jan 11, 2011
$1,147,048
309 Pittsfield Road LLC
Esco RT
Grant Deed
—
Apr 20, 2005
—
Esco Rlty Nt
—
Deed Of Trust
related
$500,000 · Thomas A Ricchi
Mar 2, 2005
—
Esco Realty Nt
—
Deed Of Trust
related
$6,000,000 · Thomas A Ricchi
Oct 21, 2004
—
Esco Realty Nt
—
Deed Of Trust
related
$1,000,000 · Thomas A Ricchi
Feb 15, 2002
$233,000
Esco RT
Kissinger,jennifer J
Grant Deed
—
Dec 22, 1998
—
Jennifer J Kissinger
—
Deed Of Trust
related
$55,000 · Lenox National Bank
Mar 30, 1998
$210,000
Jennifer J Kissinger
Richmond,leon
Grant Deed
$182,000 · Lenox National Bank
Nov 3, 1997
—
Leon Richmond
—
Deed Of Trust
related
$40,000 · Greylock FCU
May 1, 1996
—
Leon Richmond
—
Deed Of Trust
related
$10,000 · Lenox National Bank
Sep 18, 1987
$223,000
Lenox Green Partners
Hoffman,audrey E
Grant Deed
—
Jul 29, 1987
$285,000
Lenox Green Partners
Ellico Realty Co
Grant Deed
—
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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