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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Medical Office Space
730 12th Crane Ave Pittsfield, MA 01201-1708
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-1322425
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Construction
STEEL FRAME
Total area
7,835 SF
Lot
5 ac (217,800 SF)
Zoning code
R20
APN
PITT M:K14 B:0001 L:001
UPID
US38-1322425
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
-
Makuc John D DVM Veterinary Clinic
-
Lemieux Gerald P DVM Veterinary Clinic
-
Berkshire Veterinary Hospital: Mark Elisa J DVM Veterinary Clinic
-
Berkshire Veterinary Hospital: Hilton Christopher DVM Veterinary Clinic
-
Berkshire Veterinary Hospital: Wohlfhart Barbara A DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
$1.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Keeper-pittsfield LLC · 3 yrs held
Keeper-pittsfield LLC
since 2023
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
R20 · Pittsfield, 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 Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield 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
$1,385,000
ML approach
$1,365,000
CAP Approach
CAP Return
Estimation
6%
$1,890,000
6.5%
$1,745,000
7%
$1,620,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$910,000
Current use
RESTAURANT
$890,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$885,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.18M (Mar 15 2023)
Last sale anchor
$1.18M
Mar 15 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
$163 / 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
$21,726
Tax year 2024
Assessed value
$548,500
Assessed 2024
Previous assessed
$548,500
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$137,100
Assessed improvement
$411,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
7,835 SF
Lot
5 ac (217,800 SF)
Zoning code
R20
APN
PITT M:K14 B:0001 L:001
UPID
US38-1322425
Jurisdiction
PITTSFIELD
Zoning & alternative use
R20 · Pittsfield, MA
Zoning R20 · permitted uses
R20 · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$910,000
RESTAURANT
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$885,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
5 ac
Current owner
From public records · entity-resolved
Keeper-pittsfield LLC
Entity
Free & Clear · 3 yrs held
Mailing address
730 12TH CRANE AVE, PITTSFIELD, MA 01201-1708
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2023
$1,180,000
Keeper-pittsfield LLC
Terravet III Vbf Master
Quit Claim Arm's Length For Ne States
—
Mar 3, 2022
$1,052,600
Terravet 3 Vbf Master
Woodmark Realty LLC
Quit Claim Arm's Length For Ne States
—
Jan 6, 2014
$616,000
Woodmark Realty LLC
Jouann Realty Co
Quit Claim Deed
related
$1,000,000 · Philjoe INC
Dec 19, 1989
—
Joyann Rlty Co
—
Deed Of Trust
related
$290,000 · Bank Of New Eng, West
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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