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Property profile & analytics
OFF-MARKET
Estimated value
$2,845,000
Investment properties
63 Pleasant St 71, Amherst, MA 01002-2233
Entity Owned
18-yr Hold
Property ID
US38-0543402
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1881
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,757 SF
Lot
0.32 ac (14,094 SF)
APN
AMHE M:0014A B:0000 L:0249
UPID
US38-0543402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Monkey Bar Bar & Pub
-
Bistro 63 Restaurant
-
Laughing Dog Bicycles (Bike/Boat/Book/etc) Store
-
La Veracruzana Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.04M
CAP Approach
CAP
$3.65M
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$2.85M
Owner & transaction history
Brode Block LLC · 18 yrs held
Brode Block LLC
since 2008
Last sale
$2.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.7M
+10.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,630,000
ML approach
$3,040,000
CAP Approach
CAP Return
Estimation
6%
$3,955,000
6.5%
$3,650,000
7%
$3,390,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,310,000
Current use
OFFICE BUILDING
$4,740,000
Change: +10% · Conversion: Easy
RETAIL STORES
$3,855,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.85M
Range $2.56M – $3.13M · ±10% · vs last sale $2.85M (Feb 21 2025)
Last sale anchor
$2.85M
Feb 21 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$115 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$53,314
Tax year 2024
Assessed value
$2,880,300
Assessed 2024
Previous assessed
$2,614,000
+10.2% YoY
Effective rate
1.85%
On assessed value
Assessed land
$267,200
Assessed improvement
$2,613,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1881
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
1
Stories
4
Units
16
Rooms
12
Bathrooms
9
Total area
24,757 SF
Lot
0.32 ac (14,094 SF)
APN
AMHE M:0014A B:0000 L:0249
UPID
US38-0543402
Jurisdiction
AMHERST
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1881
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
4
Buildings
1
Units
16
Rooms
12
Bathrooms
9
Lot
0.32 ac
Current owner
From public records · entity-resolved
Brode Block LLC
Entity
Mailing address
PO BOX 2415, AMHERST, MA 01004-2415
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2014
—
Brode Block LLC
—
Grant Deed
related
$400,000 · Florence Svgs Bk
Dec 7, 2012
—
Brode Block LLC
—
Deed Of Trust
related
$200,000 · Florence Savings Bank
Mar 6, 2008
$1
Brode Block LLC
Brode,steven W
Grant Deed
—
Apr 16, 1998
—
Steven W Brode
—
Deed Of Trust
related
$500,000 · Springfield Inst For Saving
Oct 11, 1994
—
Steven W Brode
—
Deed Of Trust
related
$445,000 · Bankboston Western Ma
Jun 2, 1989
$117,500
Yang Jenn Yao
Brode,steven W
Grant Deed
$70,500 · Shawmut Mortgage
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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