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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Showrooms
377 Montgomery St, Chicopee, MA 01020-1929
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-0415297
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Construction
FRAME
Total area
4,296 SF
Lot
0.47 ac (20,277 SF)
Zoning code
106
APN
CHIC M:0339 P:00004
UPID
US38-0415297
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
-
John S. Fitzgibbons CPA PC Accounting Firm
-
James Lowe CPA, Inc. Accounting Firm Tax Preparation
-
Montgomery Dental Associates Dental Office
-
Durrani Ali DDS Dental Office
-
Raper Blake E DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$510k
Blend (final)
Blend
$510k
Owner & transaction history
Z A Durrani LLC · 8 yrs held
Z A Durrani LLC
since 2017
6 recorded transactions
Zoning & alternative use
106 · Chicopee, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$600,000
+64.7%
Auto repair, garage
$445,000
+22.5%
Office building
$395,000
+8.2%
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
$350,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$365,000
Current use
RETAIL STORES
$600,000
Change: +65% · Conversion: Easy
AUTO REPAIR, GARAGE
$445,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$395,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$119 / 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
$30,556
Tax year 2024
Assessed value
$961,500
Assessed 2024
Previous assessed
$961,500
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$139,700
Assessed improvement
$821,800
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
4,296 SF
Lot
0.47 ac (20,277 SF)
Zoning code
106
APN
CHIC M:0339 P:00004
UPID
US38-0415297
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
COMMERCIAL (GENERAL) Current
Est. value
$365,000
RETAIL STORES
Est. value
$600,000
AUTO REPAIR, GARAGE
Est. value
$445,000
OFFICE BUILDING
Est. value
$395,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Z A Durrani LLC
Entity
Mailing address
377 MONTGOMERY ST, CHICOPEE, MA 01020-1929
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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 13, 2017
$970,000
Z A Durrani LLC
Hojnoski,w Anthony & Janine A
Warranty Deed
$970,000 · Bank Of America
Feb 14, 2002
—
W Anthony Hojnoski
—
Deed Of Trust
related
$343,000 · Peoples Bank Holyoke
Oct 4, 1996
—
W Anthony Hojnoski
—
Deed Of Trust
related
$380,000 · Wylie C Hubbard
Sep 29, 1995
$93,000
W Anthony Hojnoski
Feldberg,philip C
Grant Deed
—
Oct 5, 1988
—
Philip C Feldberg
—
Deed Of Trust
related
$15,000 · Polish National Cu
Feb 9, 1987
—
Philip C Feldberg
—
Deed Of Trust
related
$85,000 · Polish National Cu
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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