Property profile

391 Montgomery St Chicopee, MA 01020

OFF-MARKET
Showrooms
Property ID
US38-1731378
4,806 SF 0.61 ac lot Built 1948
Trust Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1948
Construction FRAME
Total area 4,806 SF
Lot 0.61 ac (26,530 SF)
Zoning code 106
APN CHIC M:0339 P:00003
UPID US38-1731378

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

391 Montgomery St Chicopee, MA 01020-1929
Chicopee metro Census 810601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
$750k
Comparable Approach Comparable
$571k
Blend (final) Blend
$560k

Owner & transaction history

since 2015
5 recorded transactions
2015
Price N/A
2006
Price N/A
2001
Price N/A
2000
Price N/A
1998
$115,000

Zoning & alternative use

106 · Chicopee, MA
Top alternative use upside
Retail stores $670,000 +64.7%
Auto repair, garage $500,000 +22.5%
Office building $440,000 +8.2%

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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