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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Turn key restaurants
500 Easthampton Rd, Holyoke, MA 01040-7305
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US38-0525527
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Construction
STEEL FRAME
Total area
20,290 SF
Lot
3.5 ac (152,460 SF)
Zoning code
BG
APN
HOLY M:0213 B:0000 L:3
UPID
US38-0525527
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
-
The Log Cabin Wedding Service
-
AIDS Foundation of Western Massachusetts Charitable Organization Social Service Agency
-
2 Shoes ATM Atm
-
MT Tom Taverse via NET Hiking Area
-
New England Craft Beer Pub at The Log Cabin Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$2.31M
Owner & transaction history
Log Cabin Banquet · 29 yrs held
Log Cabin Banquet
since 1996
7 recorded transactions
Zoning & alternative use
BG · Holyoke, 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 Holyoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holyoke 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,720,000
Current use
AUTO REPAIR, GARAGE
$2,540,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±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
$114 / 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
$101,222
Tax year 2024
Assessed value
$2,514,200
Assessed 2024
Previous assessed
$2,514,100
+0.0% YoY
Effective rate
4.03%
On assessed value
Assessed land
$422,200
Assessed improvement
$2,092,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
20,290 SF
Lot
3.5 ac (152,460 SF)
Zoning code
BG
APN
HOLY M:0213 B:0000 L:3
UPID
US38-0525527
Jurisdiction
HOLYOKE
Zoning & alternative use
BG · Holyoke, MA
Zoning BG · permitted uses
BG · Holyoke, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holyoke. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
3.5 ac
Current owner
From public records · entity-resolved
Log Cabin Banquet
Individual
Mailing address
500 EASTHAMPTON RD, HOLYOKE, MA 01040-7305
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2023
—
Log Cabin Banquet & Meeti
—
Deed
related
$500,000 · Peter C Rosskothen
Mar 17, 2020
—
Cabin Banquet Log
—
Deed
related
$2,557,000 · Granite St Economic Dev
Feb 14, 2013
—
Cabin Banquet Log
—
Deed Of Trust
related
$250,000 · Easthampton Savings Bank
Nov 2, 2009
—
Cabin Banquet Log
—
Deed Of Trust
related
$511,656 · Peter C Rosskothen
Mar 7, 2008
—
Log Cabin Banquet
—
Deed Of Trust
related
$787,750 · Lawrence C Perreault
Dec 22, 2005
—
Log Cabin & Meeting INC
—
Deed Of Trust
related
$4,875,000 · United Bank
Apr 9, 2004
—
Log Cabin Banquetuse INC
—
Deed Of Trust
related
$350,000 · Peoples Bank Holyoke
Nov 4, 2003
—
Log Cabin Banquet INC
—
Deed Of Trust
related
$1,775,000 · Peoples Bank Holyoke
Sep 8, 2000
—
Log Cabin Banquet
—
Deed Of Trust
related
$2,265,000 · Peoples Bank Holyoke
May 7, 1999
—
Log Cabin Banquet
—
Deed Of Trust
related
$262,000 · Peoples Bank Holyoke
Feb 28, 1997
—
Cabin Banquet Log
—
Deed Of Trust
related
$464,000 · Certified Dev Co Massachusetts
Aug 8, 1996
$400,000
Log Cabin Banquet
Peoples Sb
Grant Deed
$1,500,000 · Peoples Bank Holyoke
May 13, 1996
$600,000
Sb Peoples
Log Cabin & Alpine Caf
Grant Deed
—
Jan 26, 1993
$545,000
Log Cabin & Alpine INC
Peoples Sb
Grant Deed
$800,000 · Peoples Bank Worcester
Dec 28, 1992
$675,000
Sb Peoples
Edna Williams Log Cabn
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Jan 11, 1991
—
Edna Williams Logcabin
—
Deed Of Trust
related
$215,000 · Peoples Bank Holyoke
Nov 8, 1990
—
Edna Williams Log Cab
—
Deed Of Trust
related
$44,000 · Peoples Bank Holyoke
Apr 27, 1990
—
E Williams Log Cabin
—
Deed Of Trust
related
$375,000 · Peoples Bank Holyoke
Nov 4, 1988
—
Edna Williams Log
—
Deed Of Trust
related
$150,000 · Peoples Bank Holyoke
—
—
Cabin Banquet Log
—
Deed Of Trust
related
$2,557,000 · Granite St Economic Dev
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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