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    Property profile & analytics

    57 Park St Lee, MA 01238-1701

    • Retail space
    • 5,192 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US38-0568832
    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

    • Carr Hardware / Home Improvement Store / Camping Store
    • The Galleries at Knollwood Antiques / Antique Store

    Property Details for 57 Park St

    Year built
    1935
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.42 lot acres
    Property size
    5,192 SF
    Zone code
    B
    Property type
    Retail space
    APN
    LEEE M:018 B:0A L:0000-0119.A
    APU
    LEEEM018B0AL00000119A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $485,000
      6.5%
      $495,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $490,000
      Mixed-Use
      $490,000
      Hospitality
      $470,000
      Educational
      $480,000
      Residential Income
      $520,000
      Energy
      $450,000
      Income-Based Land
      $400,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Lee
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2485
    Latitude
    42.3039
    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
    $6,706
    $167,900
    $428,700
    $596,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      2,324 SF

      9 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 2,324 SF
      9 Railroad St, Lee, MA 01238-1637
      View Details
    • Value Estimation
      $275,000
      2,520 SF

      35 Old Pleasant St

      RETAIL STORES (PERSONAL SERVICES) • 2,520 SF
      35 Old Pleasant St, Lee, MA 01238-9443
      View Details
    • Value Estimation
      $145,000
      2,877 SF

      226 Pleasant St

      RETAIL STORES (PERSONAL SERVICES) • 2,877 SF
      226 Pleasant St, Lee, MA 01238
      View Details
    • Value Estimation
      $545,000
      17,280 SF

      15 Main St

      RETAIL STORES (PERSONAL SERVICES) • 17,280 SF
      15 Main St, Lee, MA 01238-1611
      View Details
    • Value Estimation
      $565,000
      1,560 SF

      50 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 1,560 SF
      50 Ctr St, Lee, MA 01238-1503
      View Details
    • Value Estimation
      $465,000
      3,850 SF

      190 Housatonic St

      RETAIL STORES (PERSONAL SERVICES) • 3,850 SF
      190 Housatonic St, Lee, MA 01238-1328
      View Details

    Similar Nearby for Sale

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      1,538 SF

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      Historic Three-Unit Berkshire Estate

      Historic three-unit residence near Lenox, Stockbridge, and Tanglewood.
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      Ground-level condo with lake access, mountain views, and updated kitchen.
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    57 Park St
    Lee, MA 01238-1701
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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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