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Property profile & analytics
OFF-MARKET
Estimated value
$11,515,000
Showrooms
31 Hall Dr, Amherst, MA 01002-2751
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0953417
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
STEEL FRAME
Total area
39,182 SF
Lot
6.16 ac (268,330 SF)
APN
AMHE M:0018D B:0000 L:0309
UPID
US38-0953417
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
-
1st Advantage Dental - Amherst Dental Office
-
Holly C. Hayden, DMD Dental Office
-
Madden Janice Dental Office
-
Dr. Wendy Dixon, DMD Dental Office
-
Vinsky Patricia Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.02M
Blend (final)
Blend
$11.52M
Owner & transaction history
Amherst Rik Mp LLC · 4 yrs held
Amherst Rik Mp LLC
since 2021
Last sale
$15.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.5M
+10.0%
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
$10,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,500,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$11.52M
Range $10.36M – $12.67M · ±10% · vs last sale $15.36M (Aug 20 2021)
Last sale anchor
$15.36M
Aug 20 2021
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
$294 / 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
$168,226
Tax year 2024
Assessed value
$9,088,400
Assessed 2024
Previous assessed
$8,652,700
+5.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$757,400
Assessed improvement
$8,331,000
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Rooms
20
Total area
39,182 SF
Lot
6.16 ac (268,330 SF)
APN
AMHE M:0018D B:0000 L:0309
UPID
US38-0953417
Jurisdiction
AMHERST
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$7.5M
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Rooms
20
Lot
6.16 ac
Current owner
From public records · entity-resolved
Amherst Rik Mp LLC
Entity
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2021
$15,360,000
Amherst Rik Mp LLC
Amherst Medical Prop LLC
Quit Claim Arm's Length For Ne States
$298,000,000 · Capital One Bank NA
Apr 10, 2017
$10,650,000
Amherst Medical Props
Middle Hampshire Dev G
Quit Claim Arm's Length For Ne States
$27,500,000 · Capital One Bank NA
Dec 28, 2012
—
Middle Hampshire Dev Grp
—
Deed Of Trust
related
$6,350,000 · Country Bank
May 8, 2003
—
Middle Hampshire Dev Grp
—
Deed Of Trust
related
$80,000 · Banknorth NA
Sep 23, 2002
—
Hampshire Dev Middle
—
Deed Of Trust
related
$80,000 · Bancnorth Mortgage Co
Nov 1, 2001
$2,750,000
Hampshire Devel Middle
Community Health Plan
Grant Deed
$3,195,000 · Mass Mutual Life Ins
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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