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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Warehouses
470 Shoemaker Ln, Agawam, MA 01001-3620
Individually Owned
15-yr Hold
Free & Clear
Property ID
US38-1130200
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Construction
STEEL FRAME
Total area
22,950 SF
Lot
3.02 ac (131,440 SF)
Zoning code
IB
APN
AGAW M:00G5 B:0003 L:12
UPID
US38-1130200
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
-
Resilience Physical Therapy and Wellness Physician
-
CrossFit Catch Gym & Fitness Center
-
N.E.X.T Fitness Gym & Fitness Center
-
The Shake Lab Restaurant
-
Daniel Griffin Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$770k
Owner & transaction history
Cosimo Cordi Ret · 15 yrs held
Cosimo Cordi Ret
since 2010
7 recorded transactions
Zoning & alternative use
IB · Agawam, 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 Agawam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Agawam 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
Method
Estimation
Statistic approach
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,175,000
Current use
Blend value · Realmo final
$770k
Range $693k – $847k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
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
$34,216
Tax year 2024
Assessed value
$1,242,400
Assessed 2024
Previous assessed
$862,600
+44.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$266,600
Assessed improvement
$975,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
22,950 SF
Lot
3.02 ac (131,440 SF)
Zoning code
IB
APN
AGAW M:00G5 B:0003 L:12
UPID
US38-1130200
Jurisdiction
AGAWAM
Zoning & alternative use
IB · Agawam, MA
Zoning IB · permitted uses
IB · Agawam, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Agawam. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
3.02 ac
Current owner
From public records · entity-resolved
Cosimo Cordi Ret
Individual
Free & Clear · 15 yrs held
Mailing address
929 PARKER ST, SPRINGFIELD, MA 01129-1058
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2016
—
Ltm Realty LLC
—
Deed
related
$499,900 · Cosimo C Ret
Jul 12, 2010
$1
Cosimo Cordi Ret
Cordi,cosimo
Grant Deed
—
Oct 6, 2000
—
Cosimo Cordi
—
Deed Of Trust
related
$200,000 · Westfield Bank Fsb
Dec 16, 1994
—
Cosimo Cordi
—
Deed Of Trust
related
$335,000 · Westfield Bank Fsb
Apr 24, 1992
—
Cosimo Cordi
—
Deed Of Trust
related
$200,000 · Westfield Bank Fsb
Sep 30, 1991
$55,000
Cosimo Cordi
Lucia,raymond F
Grant Deed
—
—
—
Ltm Realty LLC
—
Deed Of Trust
related
$499,900 · Cosimo C Ret
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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