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Property profile & analytics
OFF-MARKET
Manufacturing properties
40 Old James St Chicopee, MA 01020-2315
Entity Owned
12-yr Hold
Free & Clear
Property ID
US38-1890374
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1975
Construction
STEEL FRAME
Total area
9,600 SF
Lot
0.79 ac (34,276 SF)
Zoning code
107
APN
CHIC M:0737 P:00004
UPID
US38-1890374
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
-
GAR Dryer Vent & Air Duct Cleaning Services Inc Of MA, General Contractor
-
Garland Construction Construction Company General Contractor
-
Interdesign Inc Interior Design Home Decor Store
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
Garland Construction Corp · 12 yrs held
Garland Construction Corp
since 2013
5 recorded transactions
Zoning & alternative use
107 · Chicopee, 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 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
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
$12,772
Tax year 2024
Assessed value
$401,900
Assessed 2024
Previous assessed
$401,900
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$111,600
Assessed improvement
$290,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
9,600 SF
Lot
0.79 ac (34,276 SF)
Zoning code
107
APN
CHIC M:0737 P:00004
UPID
US38-1890374
Jurisdiction
CHICOPEE
Zoning & alternative use
107 · Chicopee, MAZoning 107 · permitted uses
107 · Chicopee, 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
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Garland Construction Corp
Entity
Free & Clear · 12 yrs held
Mailing address
40 OLD JAMES ST, CHICOPEE, MA 01020-2315
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2013
—
Garland Construction Corp
—
Deed Of Trust
related
$200,000 · Chicopee Savings Bank
Nov 1, 2013
$320,000
Garland Construction Corp
Orwat,edward L
Quit Claim Deed
—
Jul 29, 2004
—
Edward L Orwat
—
Deed Of Trust
related
$300,000 · Chicopee Savings Bank
Apr 3, 2003
—
Edward L Orwat
—
Deed Of Trust
related
$275,000 · Chicopee Savings Bank
Sep 5, 1995
—
Edward L Orwat
—
Deed Of Trust
related
$130,000 · Garland Constr Corp
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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