Technical
Financial
Distress signals
Property profile

545 Memorial Dr Chicopee, MA 01020

OFF-MARKET
Super regional malls
Property ID
US38-0428795
223,390 SF 13.83 ac lot Built 2005
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

A retail space totaling 15,922 square feet is situated within an established shopping center. The shopping center’s tenant mix includes major retailers and restaurants such as Walmart, Home Depot, BJ’s, Stop & Shop, Denny’s, and Aldi, with additional nearby businesses including Staples, Dollar Tree, Party City, Marshalls, HomeGoods, Supercuts, Applebee’s, Sally Beauty, Moe’s Southwest Grill, GameStop, and Panera.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 223,390 SF
Lot 13.83 ac (602,435 SF)
Zoning code 111A
APN CHIC M:0369 P:00006
UPID US38-0428795

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

545 Memorial Dr Chicopee, MA 01020
Chicopee metro Census 810601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.87M

Owner & transaction history

since 2019
2 recorded transactions
2019
$18.6M
1969
Price N/A

Zoning & alternative use

111A · Chicopee, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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