Property profile

70 Justin Dr Chicopee, MA 01022

OFF-MARKET
Warehouses
Property ID
US38-1076963
12,800 SF 3.3 ac lot Built 1994
Entity Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Construction STEEL FRAME
Total area 12,800 SF
Lot 3.3 ac (143,748 SF)
Zoning code 110
APN CHIC M:00W1 P:0029A
UPID US38-1076963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Travel Agency Tour Operator

Location

70 Justin Dr Chicopee, MA 01022-1327
Chicopee metro Census 811302 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$668k
Blend (final) Blend
$355k

Owner & transaction history

since 2000
5 recorded transactions
2022
Price N/A
2019
Price N/A
2006
Price N/A
2000
$122,650
1969
Price N/A

Zoning & alternative use

110 · Chicopee, MA
Top alternative use upside
Office building $1.2M +79.4%
Commercial (general) $1.1M +65.8%
Industrial (general) $720,000 +9.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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