Property profile

385 Memorial Dr Chicopee, MA 01020

OFF-MARKET
Automotive properties
Property ID
US38-0750160
1,880 SF 0.68 ac lot Built 1967
Entity Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,880 SF
Lot 0.68 ac (29,690 SF)
Zoning code 111A
APN CHIC M:0312 P:00001
UPID US38-0750160

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 Rental Facility

Location

385 Memorial Dr Chicopee, MA 01020-5003
Chicopee metro Census 810601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2000
4 recorded transactions
2000
$310,000
1995
Price N/A
1990
$360,000
1987
Price N/A

Zoning & alternative use

111A · Chicopee, MA

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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