Property profile

42 Colrain Rd Greenfield, MA 01301

OFF-MARKET
Retail properties & Spaces
Property ID
US38-0903547
69,024 SF 6.28 ac lot Built 1997
Entity Owned 29-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1997
Construction STEEL FRAME
Total area 69,024 SF
Lot 6.28 ac (273,461 SF)
Zoning code GC
APN GREE M:0R25 B:037B L:0
UPID US38-0903547

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
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Mobile Phone Store Electronics & Wireless Store
  • Atm
  • Big Box & Wholesale Store Grocery & Convenience Store

Location

42 Colrain Rd Greenfield, MA 01301-9625
Greenfield metro Census 41000 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 1997
Last sale
$550,000
2 recorded transactions
2012
Price N/A
1997
$500,000

Zoning & alternative use

GC · Greenfield, MA
Zoning description

The purpose of the General Commercial District is to provide areas for mixed retail, commercial and industrial uses.

General category INDUSTRIAL

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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