Property profile

551 Main St Lanesborough, MA 01237

OFF-MARKET
Investment properties
Property ID
US38-1180471
17 ac lot
Individually Owned 6-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 17 ac (740,520 SF)
Zoning code B
APN LANE M:102 L:6
UPID US38-1180471

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Food Processing Plant

Location

551 Main St Lanesborough, MA 01237-9652
Lanesborough metro Census 911100 PITTSFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k

Owner & transaction history

since 2020
Last sale
$599,000
6 recorded transactions
2020
$599,000
2013
$337,500
2000
Price N/A
1997
Price N/A
1995
Price N/A
1989
Price N/A

Zoning & alternative use

B · Lanesborough, MA
Zoning description

LB, B and I Districts: one freestanding sign shall be permitted per lot. The maximum area of the sign shall be 50 square feet for the first business on the lot. The sign area may increase by 25 square feet per business f…

General category COMMERCIAL

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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