Property profile

333 Memorial Dr Chicopee, MA 01020

OFF-MARKET
Automotive properties
Property ID
US38-1230760
12,240 SF 2.97 ac lot Built 1986
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,240 SF
Lot 2.97 ac (129,374 SF)
Zoning code 111
APN CHIC M:0285 P:00020
UPID US38-1230760

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
  • Car Dealership
  • Car Wash
  • Auto Repair Shop
  • Auto Parts Store

Location

333 Memorial Dr Chicopee, MA 01020-5001
Chicopee metro Census 810601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2008
7 recorded transactions
2009
Price N/A
2008
$1
1993
Price N/A
1991
$750,000
1989
$1.5M
1989
Price N/A
1987
Price N/A

Zoning & alternative use

111 · Chicopee, MA
Top alternative use upside
Retail stores $1.7M +34.5%
Restaurant $1.6M +29.2%

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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