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    501 Pleasant St Lee, MA 01238-9322
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    Property profile & analytics

    501 Pleasant St, Lee, MA 01238-9322

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    • Manufacturing properties
    • 66,701 SF
    • 15.96 lot acres
    Off-Market
    Property ID
    US38-1202156
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,795,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Boyd Biomedical / Industrial Manufacturer / Production Facility
    • Sourcebook / Business To Business Service

    Property Details for 501 Pleasant St

    Year built
    1982
    Lot size
    15.96 lot acres
    Zone code
    I
    Property type
    Manufacturing properties
    APN
    LEEE M:031 B:00 L:0000-0005.0
    APU
    LEEEM031B00L000000050

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 7, 2021 — South Lee Associates LLC — Deed · related $2.2M · Mountain 1st Bank & Trust Co
    Dec 12, 2019 — South Lee Assocs LLC — Deed · related $2M · Massachusetts Busn Dev
    Jun 28, 2000 — South Lee Assoc LLC — Deed Of Trust · related $1.5M · Thomas A Ricchi
    Apr 12, 1999 — Lee Assoc LP South — Deed Of Trust · related $810k · Ma Business Development Corp
    Feb 24, 1995 — Lee Assocs LP South — Deed Of Trust · related $1.1M · Berkshire Cnty Savings Bank
    Sep 11, 1992 — Lee Assocs LP South — Deed Of Trust · related $190k · Certified Dev Co Massachusetts
    Jun 30, 1988 $1,500,000 South Lee Assoc Ltd Boyd Converting Co Grant Deed $1.2M · First Agricultural Bank
    Aug 11, 1987 — Boyd Converting Co INC — Deed Of Trust · related $100k · Zeger Corp Pension Trust
    — — South Lee Assocs LLC — Deed Of Trust · related $2M · Massachusetts Busn Dev

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,090,000
      6.5%
      $5,625,000
      7%
      $5,220,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,678,000
      Market price range: $1.66M - $6.68M
      AI Estimate
      $5,081,000
      Market price range: $1.65M - $5.08M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,190,000
      Current use
      RETAIL STORES
      $9,580,000
      Change: +128% Conversion: Moderate
      OFFICE BUILDING
      $9,310,000
      Change: +122% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $8,670,000
      Change: +107% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lee
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2454
    Latitude
    42.2831
    CBSA code
    38340
    CBSA name
    PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $53,722
    $800,700
    $3,978,800
    $4,779,500
    -
    $0.00
    $0.00
    $0.00
    More about this property
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