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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Turn key restaurants
7 Pearl St, Northampton, MA 01060-4128
Entity Owned
34-yr Hold
~
Est. High Equity
Property ID
US38-0386968
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Construction
BRICK
Total area
39,480 SF
Lot
0.23 ac (10,102 SF)
Zoning code
CB
APN
NHAM M:032C B:0053 L:0001
UPID
US38-0386968
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$1.68M
Owner & transaction history
Gleason Bros INC · 34 yrs held
Gleason Bros INC
since 1991
7 recorded transactions
Zoning & alternative use
CB · Northampton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Northampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northampton 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
by Request
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10%
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
$42 / 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
$63,643
Tax year 2024
Assessed value
$4,189,800
Assessed 2024
Previous assessed
$3,575,300
+17.2% YoY
Effective rate
1.52%
On assessed value
Assessed land
$244,900
Assessed improvement
$3,944,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Construction
BRICK
Heating
STEAM
Buildings
1
Stories
3
Total area
39,480 SF
Lot
0.23 ac (10,102 SF)
Zoning code
CB
APN
NHAM M:032C B:0053 L:0001
UPID
US38-0386968
Jurisdiction
NORTHAMPTON
Zoning & alternative use
CB · Northampton, MA
Zoning CB · permitted uses
CB · Northampton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
BRICK
Heating
STEAM
Stories
3
Buildings
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Gleason Bros INC
Entity
Mailing address
PO BOX 1259, EASTHAMPTON, MA 01027-5259
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2022
—
Gleason Bros INC
—
Deed
related
$1,225,000 · Greenfield Savings Bank
May 15, 2020
—
Gleason Bros INC
—
Deed
related
$1,250,000 · Greenfield Savings Bank
Sep 5, 2019
—
Gleason Bros INC
—
Deed
related
$325,000 · Greenfield Savings Bank
Jun 19, 2013
—
Gleason Bros INC
—
Deed Of Trust
related
$1,200,000 · Greenfield Savings Bank
Jul 9, 2003
—
Gleason Bros INC
—
Deed Of Trust
related
$1,400,000 · Westfield Bank Fsb
Feb 3, 1999
—
Gleason Bros INC
—
Deed Of Trust
related
$85,000 · First National Corp
Jul 17, 1997
—
Gleason Bros INC
—
Deed Of Trust
related
$1,100,000 · First National Bank New Englnd
Oct 18, 1991
$62,900
Gleason Bros INC
Heldon RT
Grant Deed
related
$77,000 · Heritage/nis Bkforsvg
Nov 16, 1988
—
Gleason Bros INC
—
Deed Of Trust
related
$541,000 · Heritage Nis Bank For Savings
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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