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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Manufacturing properties
720 Main St, Holyoke, MA 01040-5309
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0662912
Property summary
AI-generated overview
This 1950-square-foot warehouse space in Holyoke, Massachusetts, is available for lease. Located at 720 Main St, 01040, this single-tenant industrial property offers a prime location with convenient access to Route 391. The space comprises the rear portion of a larger warehouse building and includes one loading dock. The unit will be delivered vacant and clean upon lease commencement. Additional warehouse space may be available for lease should the tenant require it. Ample parking is also available on-site. The property is classified as an industrial warehouse and is ideal for various business needs. This is a fantastic opportunity to secure a well-located, functional warehouse space in a thriving area. The property's address is 720 Main Street, Holyoke, MA 01040.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Construction
FRAME
Total area
25,280 SF
Lot
0.87 ac (37,941 SF)
Zoning code
IG
APN
HOLY M:0025 B:0002 L:2
UPID
US38-0662912
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
-
Red's Towing Holyoke Impound Yard Auto Repair Shop
-
Friar Tuck Ltd (Bike/Boat/Book/etc) Store
-
Holyoke News Co Inc Publishing House
-
Book us CleanAirProGuys (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Crabtree's Service Station Auto Repair Shop Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$544k
Blend (final)
Blend
$700k
Owner & transaction history
Road Star Express INC · 2 yrs held
Road Star Express INC
since 2024
Last sale
$700,000
1 recorded transaction
Zoning & alternative use
IG · Holyoke, 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 Holyoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holyoke 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)
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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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jun 14 2024)
Last sale anchor
$700k
Jun 14 2024
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
$28 / 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
$21,551
Tax year 2024
Assessed value
$535,300
Assessed 2024
Previous assessed
$535,300
+0.0% YoY
Effective rate
4.03%
On assessed value
Assessed land
$40,200
Assessed improvement
$495,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
6
Total area
25,280 SF
Lot
0.87 ac (37,941 SF)
Zoning code
IG
APN
HOLY M:0025 B:0002 L:2
UPID
US38-0662912
Jurisdiction
HOLYOKE
Zoning & alternative use
IG · Holyoke, MA
Zoning IG · permitted uses
IG · Holyoke, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holyoke. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
6
Lot
0.87 ac
Current owner
From public records · entity-resolved
Road Star Express INC
Entity
Mailing address
34 TATHAM HL RD, WEST SPRINGFIELD, MA 01089-2127
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
$700,000
Road Star Express INC
Holyoke News Co INC
Quit Claim Arm's Length For Ne States
$550,000 · Holyoke News Co INC
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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