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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Investment properties
650 Main St, Amherst, MA 01002-2435
Entity Owned
2-yr Hold
Property ID
US38-1123644
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
5,011 SF
Lot
0.57 ac (24,700 SF)
APN
AMHE M:0014B B:0000 L:0103
UPID
US38-1123644
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
-
Dr. Shari L. Weldon, DMD Dental Office
-
Amherst Dental Group Dental Office
-
Dr. Arsen Bagdasarov, DMD Dental Office
-
Perry Fred L DDS Dental Office
-
Stiefel Daniel DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$935k
Owner & transaction history
Amherst Bcre LLC · 2 yrs held
Amherst Bcre LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$960,000
+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
$910,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$870,000
Current use
OFFICE BUILDING
$960,000
Change: +10% · Conversion: Easy
RETAIL STORES
$780,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.09M (Sep 29 2023)
Last sale anchor
$1.09M
Sep 29 2023
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
$187 / 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
$15,065
Tax year 2024
Assessed value
$813,900
Assessed 2024
Previous assessed
$740,100
+10.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$195,100
Assessed improvement
$618,800
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
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
2
Stories
2
Units
2
Rooms
4
Bathrooms
1
Total area
5,011 SF
Lot
0.57 ac (24,700 SF)
APN
AMHE M:0014B B:0000 L:0103
UPID
US38-1123644
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
$870,000
OFFICE BUILDING
Est. value
$960,000
RETAIL STORES
Est. value
$780,000
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
1900
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
2
Units
2
Rooms
4
Bathrooms
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Amherst Bcre LLC
Entity
Mailing address
650 MAIN ST, AMHERST, MA 01002-2435
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
$1,092,000
Amherst Bcre LLC
Fred L Perry
Quit Claim Arm's Length For Ne States
$928,200 · Bank Of America NA
Jul 28, 2010
—
Fred L Perry
—
Deed Of Trust
related
$1,075,000 · Peoples Bank
Nov 1, 2007
$785,000
Fred L Perry
Eisman,jeffrey I
Grant Deed
$628,000 · Bank Of Western Massachusetts
Jun 24, 2005
—
Jeffrey I Eisman
—
Deed Of Trust
related
$80,000 · Bank Of Western Massachusetts
Nov 28, 2001
—
Jeffrey I Eisman
—
Deed Of Trust
related
$141,000 · Bank Of Western Massachusetts
Sep 15, 1999
—
Jeffrey I Eisman
—
Deed Of Trust
related
$335,393 · Richard E Stevens
Jan 14, 1999
$140,000
Jeffrey I Eisman
Stevens,richard E
Grant Deed
$175,000 · Florence Savings Bank
Oct 21, 1991
—
Jeffrey I Eisman
—
Deed Of Trust
related
$115,000 · Sidney Eisman
Sep 2, 1988
$122,000
Joseph Lerner
Amity Trust
Grant Deed
$80,000 · Heritage Nis Bank For Savings
Jul 9, 1987
$139,900
Nicomedes Suarez
Amity Trust
Grant Deed
$73,700 · Baybank First E Hampton
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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