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    Property profile & analytics

    59 Railroad St Lee, MA 01238

    • Commercial real estate
    • 21,464 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US38-1235303
    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

    • Commercial real estate

    Property Details for 59 Railroad St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.79 lot acres
    Property size
    21,464 SF
    Zone code
    B
    Property type
    Commercial real estate
    APN
    LEEE M:012 B:0A L:0000-0107.0
    APU
    LEEEM012B0AL000001070

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lee
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2518
    Latitude
    42.3068
    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
    $8,481
    $147,200
    $607,300
    $754,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,500 SF

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    • Value Estimation
      $1,355,000
      29,540 SF

      815 Pleasant St

      SHOW ROOM, WAREHOUSE • 29,540 SF
      815 Pleasant St, Lee, MA 01238-9325
      View Details
    • Value Estimation
      $380,000
      6,904 SF

      225 Housatonic St

      COMMERCIAL (GENERAL) • 6,904 SF
      225 Housatonic St, Lee, MA 01238-1329
      View Details
    • Value Estimation
      $350,000
      2,104 SF

      920 Pleasant St

      COMMERCIAL (GENERAL) • 2,104 SF
      920 Pleasant St, Lee, MA 01238-9326
      View Details
    • Value Estimation by Request
      19,892 SF

      1 Massachusetts Tpke

      COMMERCIAL (GENERAL) • 19,892 SF
      1 Massachusetts Tpke, Lee, MA 01238
      View Details
    • Value Estimation
      $65,000
      11,820 SF

      1160 Pleasant St

      COMMERCIAL (GENERAL) • 11,820 SF
      1160 Pleasant St, Lee, MA 01238-9667
      View Details

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    59 Railroad St
    Lee, MA 01238
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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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