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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
506 Granby Rd, South Hadley, MA 01075-3204
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-1866780
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,763 SF
Lot
4.15 ac (180,774 SF)
Zoning code
BA1
APN
SHAD M:0032 B:0052 L:0000
UPID
US38-1866780
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
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
Sai Shyam LLC · 2 yrs held
Sai Shyam LLC
since 2023
Last sale
$345,000
7 recorded transactions
Zoning & alternative use
BA1 · South Hadley, 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 South Hadley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Hadley 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
$17,596
Tax year 2024
Assessed value
$1,056,800
Assessed 2024
Previous assessed
$1,056,800
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$185,100
Assessed improvement
$871,700
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
9,763 SF
Lot
4.15 ac (180,774 SF)
Zoning code
BA1
APN
SHAD M:0032 B:0052 L:0000
UPID
US38-1866780
Jurisdiction
SOUTH HADLEY
Zoning & alternative use
BA1 · South Hadley, MA
Zoning BA1 · permitted uses
BA1 · South Hadley, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Hadley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
4.15 ac
Current owner
From public records · entity-resolved
Sai Shyam LLC
Entity
Free & Clear · 2 yrs held
Mailing address
506 GRANBY RD, SOUTH HADLEY, MA 01075-3204
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
—
Sai Shyam LLC
—
Deed
related
$599,000 · Greenfield Savings Bank
Dec 22, 2023
—
Sai Shyam LLC
Amherst Market Tk INC
Quit Claim Deed
related
—
Apr 14, 2017
$500,000
Amherst Market Tk INC
506 Granby Road LLC
Quit Claim Deed
$400,000 · Westfield Bk
Sep 14, 2012
$345,000
506 Granby Road LLC
Manson Savings Bank
Grant Deed
$450,000 · Chicopee Savings Bank
Apr 22, 2011
$1
Monson Sb
Karas,jonathan S
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 13, 2010
—
Jonathan S Karas
—
Deed Of Trust
related
$760,000 · Monson Savings Bank
May 19, 2010
$1
Jonathan S Karas
Avgoustakis,mark E
Grant Deed
related
—
Feb 22, 2007
—
Karas,jonathan S
—
Grant Deed
related
$200,000 · Bank Of America
Feb 22, 2007
$1
Karas,jonathan S
Avgoustakis,elaine L
Grant Deed
related
—
Oct 10, 2003
—
Elaine L Avgoustakis
—
Deed Of Trust
related
$800,000 · Monson Savings 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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