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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Day care centers
374 Montgomery St Chicopee, MA 01020-1961
Entity Owned
16-yr Hold
Free & Clear
Property ID
US38-0252781
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2016
Construction
FRAME
Total area
7,028 SF
Lot
0.83 ac (36,101 SF)
Zoning code
106
APN
CHIC M:0339 P:00005
UPID
US38-0252781
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
-
MSPCC Daycare Center
-
Valley Opportunity Council Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$535k
Owner & transaction history
Valley Opportunity INC · 16 yrs held
Valley Opportunity INC
since 2010
7 recorded transactions
Zoning & alternative use
106 · Chicopee, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$865,000
+74.7%
Office building
$805,000
+62.5%
Auto repair, garage
$800,000
+62.0%
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 Chicopee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicopee 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$495,000
Current use
RESTAURANT
$865,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$805,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$710,000
Change: +44% · Conversion: Difficult
COMMERCIAL (GENERAL)
$600,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$76 / 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
$39,290
Tax year 2024
Assessed value
$1,236,300
Assessed 2024
Previous assessed
$1,236,300
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$165,200
Assessed improvement
$1,071,100
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2016
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
7,028 SF
Lot
0.83 ac (36,101 SF)
Zoning code
106
APN
CHIC M:0339 P:00005
UPID
US38-0252781
Jurisdiction
CHICOPEE
Zoning & alternative use
106 · Chicopee, MA
Zoning 106 · permitted uses
106 · Chicopee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chicopee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$495,000
RESTAURANT
Est. value
$865,000
OFFICE BUILDING
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$800,000
RETAIL STORES
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$600,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2016
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Valley Opportunity INC
Entity
Free & Clear · 16 yrs held
Mailing address
35 MT CARMEL AVE, CHICOPEE, MA 01013-4113
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2010
$350,000
Valley Opportunity INC
Adv Rlty Assoc LLC
Grant Deed
—
Oct 4, 2000
$165,000
Adv Rlty Assocs LLC
Physician Practice Ptr
Grant Deed
$140,000 · Chicopee Savings Bank
Aug 30, 1999
$315,000
Physician Practice Ptr
Medparters Acquisition
Grant Deed
—
Dec 23, 1997
$315,895
Med Ptrs Acquistion
Blue Cross Blue Shield
Grant Deed
—
Aug 15, 1995
$300,000
Cross Blue Shield Blue
Krokidas Peter J Est
Grant Deed
—
Apr 17, 1991
—
Peter J Krokidas
—
Deed Of Trust
related
$23,900 · Chicopee Savings Bank
Oct 18, 1988
—
Peer J Krokidas
—
Deed Of Trust
related
$27,000 · Chicopee Savings Bank
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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