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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Commercial real estate
50 State St, Granby, MA 01033-9450
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0193273
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
6.25 ac (272,100 SF)
APN
GRAN M:4-A B:0-A L:3
UPID
US38-0193273
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
-
Mass West Construction General Contractor Construction Company
-
Lapinski Electric Inc Electrical Service General Contractor
-
New England Koi Hardware & Home Improvement Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Street Lumber Corp · 5 yrs held
Street Lumber Corp
since 2021
Last sale
$455,000
7 recorded transactions
Zoning & alternative use
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 Granby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granby 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
$540,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $455k (Apr 2 2021)
Last sale anchor
$455k
Apr 2 2021
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
—
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
$16,336
Tax year 2024
Assessed value
$1,065,600
Assessed 2024
Previous assessed
$906,900
+17.5% YoY
Effective rate
1.53%
On assessed value
Assessed land
$556,400
Assessed improvement
$509,200
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Units
1
Lot
6.25 ac (272,100 SF)
APN
GRAN M:4-A B:0-A L:3
UPID
US38-0193273
Jurisdiction
GRANBY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
1
Lot
6.25 ac
Current owner
From public records · entity-resolved
Street Lumber Corp
Entity
Mailing address
PO BOX 889, GRANBY, MA 01033-0889
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2021
—
Street Lumber Corp
Mass-granby Dev LLC
Quit Claim Deed
related
—
Jun 10, 2011
—
Mass-granby Dev LLC
—
Deed Of Trust
related
$1,550,000 · Chicopee Savings Bank
Dec 16, 2009
$455,000
Mass-granby Dev LLC
Rugg Lumber Co INC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
$392,000 · Chicopee Savings Bank
May 19, 2008
—
Rugg Lumber Co INC
—
Deed Of Trust
related
$4,500,000 · Chittenden Trust Co
Jul 5, 2005
$1,050,000
Rugg Lumber Co INC
Saint Lumber Corp
Grant Deed
—
Jul 5, 2005
—
Rugg Lumber Co INC
—
Deed Of Trust
related
$1,064,000 · Greenfield Savings Bank
Jun 28, 2002
—
Street Lumber Corp
—
Deed Of Trust
related
$250,000 · David J Dorval
Dec 23, 1996
—
Street Lumber Corp
—
Deed Of Trust
related
$966,667 · Fleet National 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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