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Property profile & analytics
OFF-MARKET
Gas stations
488 Bernardston Rd, Greenfield, MA 01301-1235
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1238676
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2015
Construction
FRAME
Total area
1,452 SF
Lot
1.8 ac (78,229 SF)
Zoning code
LC
APN
GREE M:0122 B:0015 L:0
UPID
US38-1238676
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
-
Gas Station - Stop and Shop Gas Station
-
Stop & Shop Gas Station Auto Repair Shop
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
Iron Gate Development · 11 yrs held
Iron Gate Development
since 2015
7 recorded transactions
Zoning & alternative use
LC · Greenfield, 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 Greenfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenfield 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
$39,944
Tax year 2024
Assessed value
$1,959,000
Assessed 2024
Previous assessed
$1,946,700
+0.6% YoY
Effective rate
2.04%
On assessed value
Assessed land
$1,278,800
Assessed improvement
$680,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2015
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
2
Total area
1,452 SF
Lot
1.8 ac (78,229 SF)
Zoning code
LC
APN
GREE M:0122 B:0015 L:0
UPID
US38-1238676
Jurisdiction
GREENFIELD
Zoning & alternative use
LC · Greenfield, MA
Zoning LC · permitted uses
LC · Greenfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Iron Gate Development
Entity
Mailing address
PO BOX 6500, CARLISLE, PA 17013-0902
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2015
$2,133,400
Iron Gate Development
Lerp Greenfield LLC
Warranty Deed
$1,600,050 · Berkshire Bank
Aug 29, 2011
$1,600,000
Lerp Greenfield LLC
Gas Dev Greenfield LLC
Grant Deed
$1,200,000 · Zions First National Bank
Aug 19, 2011
$110,000
Gas Dev Greenfield LLC
Rita Realty LLC
Grant Deed
—
Aug 19, 2011
$1
Rita Realty LLC
Rice,donald N
Grant Deed
—
Jul 30, 2009
—
Rita Realty LLC
—
Deed Of Trust
related
$20,000 · Enterprise Bank & Trust
Oct 6, 2008
$375,000
Rita Realty LLC
Rico Realty LLP
Grant Deed
$575,000 · Rico Realty LLP
Apr 12, 2001
—
Rico Realty
—
Deed Of Trust
related
$1,800,000 · First Vermont Bank & Trust
Nov 21, 1997
$600,000
Rico Realty
Mobil Oil Corp
Grant Deed
—
Nov 21, 1997
—
Rico Realty
—
Deed Of Trust
related
$555,000 · United Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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