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    Property profile & analytics

    724 Cheshire Rd Lanesborough, MA 01237-9774

    • Retail space
    • 3,360 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 08, 2021
    $167,500
    Location Intelligence
    Property ID
    US38-2316784
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 724 Cheshire Rd

    Year built
    1971
    Lot size
    0.51 lot acres
    Property size
    3,360 SF
    Property type
    Retail space
    APN
    LANE M:122 L:4.1
    APU
    LANEM122L41

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanesborough
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.1978
    Latitude
    42.4971
    CBSA code
    38340
    CBSA name
    PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,264
    $3,600
    $129,500
    $133,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $240,000
      1,522 SF

      685 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,522 SF
      685 Main St, Lanesborough, MA 01237-9708
      View Details
    • Value Estimation
      $355,000
      1,680 SF

      320 Summer St

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      320 Summer St, Lanesborough, MA 01237-9508
      View Details
    • Value Estimation
      $350,000
      3,736 SF

      720 Cheshire Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,736 SF
      720 Cheshire Rd, Lanesborough, MA 01237-9774
      View Details
    • Value Estimation
      $320,000
      1,485 SF

      731 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,485 SF
      731 Main St, Lanesborough, MA 01237-9650
      View Details
    • Value Estimation
      $240,000
      1,232 SF

      720 Main St

      SHOW ROOM, WAREHOUSE • 1,232 SF
      720 Main St, Lanesborough, MA 01237-9707
      View Details
    • Value Estimation
      $460,000
      19,200 SF

      92 Richmond Rda

      SHOW ROOM, WAREHOUSE • 19,200 SF
      92 Richmond Rda, Hancock, MA 01237
      View Details

    Similar Nearby for Sale

    • $79,900
      Pending

      Residential Land in Lanesborough, MA

      2.02 acre residential land for sale in Lanesborough, Massachusetts.
      Goodell Rd, Lanesborough, MA 01237
      View Details
    • $49,000
      0.11 Acres

      Land with Water Views

      Land for sale with water views and lake access.
      Ocean St, Lanesborough, MA 01237
      View Details
    • $65,000
      2.16 Acres

      Residential Land in Lanesborough, MA

      Residential land available in Lanesborough, Massachusetts.
      Miner Rd, Lanesborough, MA 01237
      View Details
    • $65,000
      4.38 Acres

      Lanesborough Land For Sale

      4.38 acre lot in Lanesborough, Massachusetts.
      Bailey Rd, Lanesborough, MA 01237
      View Details
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    724 Cheshire Rd
    Lanesborough, MA 01237-9774
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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