Financial
Distress signals
Property profile

48 N Pleasant St 306 Amherst, MA 01002

FOR LEASE
Office buildings
Property ID
US38-0818512
15,357 SF 0.24 ac lot Built 1984
Last sale Aug 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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48 N Pleasant St,Unit 306, Amherst, MA 01002 For Lease
$1,140/Mo 487 SF available
48 N Pleasant St,Unit 306, Amherst, MA 01002
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Property summary

AI-generated overview

This property is a third-floor office suite located in downtown within a handicap-accessible building. The suite is configured with one large open room, and its layout allows for the space to be divided into smaller private areas to support different office configurations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$41k
Tax billed · 2024
Assessed value$2.21M
Assessed land$257k
Assessed improvement$1.95M
Effective rate1.85%

Value estimate

· Sep 2026
$4.02M
$3.61M – $4.42M
Submarket $/SF estimate$3.06M
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$5k
Operating expenses−$5k
NOI · 1,341.14% cap applied$15k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$191/SF
County average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$112 – $336
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,341.14%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionAMHERST

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.9
Electrical Service9.5
Wholesale Shop9.3

Location

48 N Pleasant St, Unit 306 Amherst, MA 01002
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25 University, Amherst, MA 01002-2217 $1,200,000 Apr 2025 11,336 SF
422 Amity, Amherst, MA 01002-2237 $2,000,000 Oct 2023 4,822 SF
22 Amherst, Pelham, MA 01002-9745 $425,000 Oct 2023 5,108 SF
17 Research, Amherst, MA 01002-2788 $15,000 Sep 2021 10,604 SF
100 University, Amherst, MA 01002-2357 $5,175,000 May 2020 32,690 SF
101 University, Amherst, MA 01002-2473 $90,000 Oct 2018 52,135 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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