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Financial
Distress signals
Property profile

5 Pierce St Greenfield, MA 01301

OFF-MARKET
Retail space
Property ID
US38-0745895
14,012 SF 1.28 ac lot Built 2005
Last sale Mar 2020 · $5,130,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 13,278-square-foot Walgreens pharmacy located at 5 Pierce Street, Greenfield, Massachusetts, 01301. The property boasts a strong 7.80% cap rate and a substantial net operating income (NOI) of $376,800, with an asking price of $4,830,000 ($363.76/sq ft). The Walgreens lease has approximately six years remaining on the base term, plus options, offering significant long-term stability and passive income potential. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$47k
Tax billed · 2024
Assessed value$2.32M
Assessed land$342k
Assessed improvement$1.98M
Effective rate2.04%

Value estimate

· Oct 2026
$8.18M
$7.36M – $8.99M
CAP approach$3.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$58 – $143

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LC
The purpose of the Limited Commercial District is to provide areas for retail business serving the non pedestrian and for automotive sale...
General categoryCOMMERCIAL
JurisdictionGREENFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.7
Building Supply22.3
Wholesale Shop17.6

Location

5 Pierce St Greenfield, MA 01301-1928
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
324 Main, Greenfield, MA 01301-3317 $808,000 Aug 2024 24,465 SF
113 Norwood, Greenfield, MA 01301-1707 $215,000 Jun 2024 14,040 SF
306 High, Greenfield, MA 01301-2611 $650,000 Mar 2024 10,230 SF
70 Federal, Greenfield, MA 01301-5201 $592,000 Jun 2023 16,968 SF
76 Hope, Greenfield, MA 01301-3573 $640,000 Dec 2022 20,608 SF
6 Silvio O Conte, Greenfield, MA 01301-1382 $910,000 Sep 2022 13,763 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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