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Property profile & analytics
OFF-MARKET
Medical Office Space
387 Columbus Ave Pittsfield, MA 01201-4909
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0424589
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1911
Construction
FRAME
Total area
3,988 SF
Lot
0.4 ac (17,424 SF)
Zoning code
RM
APN
PITT M:G09 B:0003 L:010
UPID
US38-0424589
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
-
Dr. Michael A. Fabrizio Jr, MD Pediatrician Medical Clinic
-
Berkowitz Jamie L Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Guidewire INC · 2 yrs held
Guidewire INC
since 2024
Last sale
$335,000
3 recorded transactions
Zoning & alternative use
RM · Pittsfield, 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 Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,408
Tax year 2024
Assessed value
$288,000
Assessed 2024
Previous assessed
$288,000
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$74,100
Assessed improvement
$213,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1911
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
1
Total area
3,988 SF
Lot
0.4 ac (17,424 SF)
Zoning code
RM
APN
PITT M:G09 B:0003 L:010
UPID
US38-0424589
Jurisdiction
PITTSFIELD
Zoning & alternative use
RM · Pittsfield, MAZoning RM · permitted uses
RM · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1911
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Guidewire INC
Entity
Mailing address
387 COLUMBUS AVE, PITTSFIELD, MA 01201-4909
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2024
$335,000
Guidewire INC
Kathleen L Fabrizio
Quit Claim Arm's Length For Ne States
$8,182,900 · Westfield Bank Fsb
Nov 28, 1995
—
Kathleen L Fabrizio
—
Deed Of Trust
related
$148,000 · Berkshire Cnty Savings Bank
Dec 4, 1987
—
Kathleen L Fabrizio
—
Deed Of Trust
related
$204,000 · First Agricultural Bk
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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