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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Showrooms
37 Pleasant St Adams, MA 01220-1739
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-2244816
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Total area
31,505 SF
Lot
2.3 ac (100,188 SF)
Zoning code
I
APN
ADAM M:1150 B:0000 L:00330
UPID
US38-2244816
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
-
Apkin Inc Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$725k
Owner & transaction history
6 Iron LLC · 2 yrs held
6 Iron LLC
since 2023
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
I · Adams, 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 Adams submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adams 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
$560,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $475k (Aug 2 2023)
Last sale anchor
$475k
Aug 2 2023
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
$23 / 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
$17,223
Tax year 2024
Assessed value
$710,800
Assessed 2024
Previous assessed
$710,800
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$115,500
Assessed improvement
$595,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Heating
NONE
Buildings
2
Total area
31,505 SF
Lot
2.3 ac (100,188 SF)
Zoning code
I
APN
ADAM M:1150 B:0000 L:00330
UPID
US38-2244816
Jurisdiction
ADAMS
Zoning & alternative use
I · Adams, MA
Zoning I · permitted uses
I · Adams, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Adams. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
6 Iron LLC
Entity
Mailing address
37 PLEASANT ST, ADAMS, MA 01220-1739
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
—
Six Iron LLC
—
Deed
related
$16,000,000 · Td Bank NA
Aug 2, 2023
$475,000
6 Iron LLC
Butler Wholesale Ltd
Quit Claim Arm's Length For Ne States
$2,000,000 · Key Bank NA
Aug 2, 2023
—
Six Iron LLC
—
Deed
related
$392,000 · Key Bank NA
Jul 6, 2006
—
Butler Wholesale Ltd
—
Deed Of Trust
related
$690,000 · Hoosac Bank
Oct 24, 2005
$550,000
Butler Wholesale Ltd
Butler Wholesale Ltd
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 2, 2002
—
Bwp LLC
—
Deed Of Trust
related
$357,300 · Us Small Business Admn
Jun 28, 2001
—
Butler Wholesale Prod
—
Deed Of Trust
related
$100,000 · Thomas A Ricchi
Feb 22, 1999
$595,000
Swp LLC
Ris Rlty Corp
Grant Deed
$595,000 · Thomas A Ricchi
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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