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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Super regional malls
365 Walnut St Ext 385 Agawam, MA 01001-1523
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1878413
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1953
Construction
FRAME
Total area
16,075 SF
Lot
1 ac (43,560 SF)
Zoning code
BA
APN
AGAW M:0J14 B:0004 L:3
UPID
US38-1878413
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
-
Afghan Hub (Halal food) Restaurant
-
Flame on Vegan Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
365-385 Walnut Plz LLC · 4 yrs held
365-385 Walnut Plz LLC
since 2021
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
BA · Agawam, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+279.2%
Commercial (general)
$1.7M
+269.8%
Office building
$1.6M
+255.0%
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 Agawam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Agawam 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
$1,370,000
ML approach
$1,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,710,000
Change: +279% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,665,000
Change: +270% · Conversion: Easy
OFFICE BUILDING
$1,600,000
Change: +255% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,470,000
Change: +226% · Conversion: Difficult
RETAIL STORES
$1,090,000
Change: +142% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.40M (Sep 30 2021)
Last sale anchor
$1.40M
Sep 30 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
$87 / 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
$35,783
Tax year 2024
Assessed value
$1,299,300
Assessed 2024
Previous assessed
$1,210,700
+7.3% YoY
Effective rate
2.75%
On assessed value
Assessed land
$172,500
Assessed improvement
$1,126,800
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1953
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
10
Bathrooms
12
Total area
16,075 SF
Lot
1 ac (43,560 SF)
Zoning code
BA
APN
AGAW M:0J14 B:0004 L:3
UPID
US38-1878413
Jurisdiction
AGAWAM
Zoning & alternative use
BA · Agawam, MA
Zoning BA · permitted uses
BA · Agawam, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Agawam. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.1M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1953
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
10
Bathrooms
12
Lot
1 ac
Current owner
From public records · entity-resolved
365-385 Walnut Plz LLC
Entity
Mailing address
PO BOX 80783, SPRINGFIELD, MA 01138-0783
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
Sep 30, 2021
$1,400,000
365-385 Walnut Plz LLC
Walnut Plaza LLC
Warranty Deed
$1,050,000 · Easthampton Savings Bank
Jul 31, 1996
—
Beverly M Ladizki
—
Deed Of Trust
related
$228,500 · Westfield Bank Fsb
Aug 17, 1990
—
David A Ladizki
—
Deed Of Trust
related
$167,000 · Shawmut First Bank & Trust Co
May 19, 1988
—
David A Ladizki
—
Deed Of Trust
related
$160,000 · Shawmut First Bank & Trust Co
May 5, 1988
$100,000
Beverly M Ladizki
Delpozzo,robert L
Grant Deed
—
Mar 25, 1987
—
Walnut Hill Assoc
—
Deed Of Trust
related
$300,000 · Westfield Bank Fsb
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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