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    Property profile & analytics

    53 2nd Ave Chicopee, MA 01020-4624

    • Manufacturing properties
    • 17,530 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US38-1065372
    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.

    Current Use by Public Records

    • Collins Electric Co / Electrician

    Property Details for 53 2nd Ave

    Year built
    1968
    Construction
    FRAME
    Lot size
    2.00 lot acres
    Property size
    17,530 SF
    Zone code
    108
    Property type
    Manufacturing properties
    APN
    CHIC M:0266 P:00004
    APU
    CHICM0266P00004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.547
    Latitude
    42.1677
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, 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
    $21,340
    $170,200
    $501,300
    $671,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $245,000
      6,846 SF

      87 Montcalm St

      MANUFACTURING (LIGHT) • 6,846 SF
      87 Montcalm St, Chicopee, MA 01020-2343
      View Details
    • Value Estimation
      $325,000
      600 SF

      Quarry Ave

      MANUFACTURING (LIGHT) • 600 SF
      Quarry Ave, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      13,908 SF

      672 Fuller Rd

      MANUFACTURING (LIGHT) • 13,908 SF
      672 Fuller Rd, Chicopee, MA 01020-3711
      View Details
    • Value Estimation
      $1,360,000
      13,975 SF

      850 Sheridan St

      MANUFACTURING (LIGHT) • 13,975 SF
      850 Sheridan St, Chicopee, MA 01020-2861
      View Details
    • Value Estimation by Request
      15,083 SF

      896 Sheridan St

      MANUFACTURING (LIGHT) • 15,083 SF
      896 Sheridan St, Chicopee, MA 01020-2861
      View Details
    • Value Estimation
      $360,000
      8,063 SF

      729 Fuller Rd

      MANUFACTURING (LIGHT) • 8,063 SF
      729 Fuller Rd, Chicopee, MA 01020-3760
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $6 SF/Yr
      45,334 SF

      Chicopee Industrial Space Available

      Versatile flex space, warehouse, & cold storage.
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      View Details
    • Contact for pricing
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      New construction industrial flex-space available for lease in Spring 2026.
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      View Details
    • $1,200 /Mo

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      Versatile garage space with storage and office potential.
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    • $6 SF/Yr
      7,354 SF

      Chicopee Industrial/Warehouse Space Available

      Industrial/warehouse space for lease near Mass Pike in Chicopee, MA.
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    • Contact for pricing
      15,922 SF

      Retail Space in Chicopee Center

      Retail space available in a busy Chicopee shopping center.
      591 Memorial Dr, Chicopee, MA 01020
      View Details
    • Contact for pricing
      16,200 SF

      Shopping Center Retail Space Available

      444,000 SF shopping center in Springfield/Chicopee market.
      59 Kirby St, Chicopee, MA 01020
      View Details

    Property Visit Statistics

    • Visits by month
      4.6k
    • Visitors by month
      1.4k
    • Avg Time on site
      499 min
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    53 2nd Ave
    Chicopee, MA 01020-4624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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