Property profile

786 Memorial Dr Chicopee, MA 01020

OFF-MARKET
Turn key restaurants
Property ID
US38-2149868
3,731 SF 0.99 ac lot Built 2014
Entity Owned 10-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2014
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,731 SF
Lot 0.99 ac (43,002 SF)
Zoning code 111A
APN CHIC M:0425 P:00001
UPID US38-2149868

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
  • Restaurant Take-out & Catering

Location

786 Memorial Dr Chicopee, MA 01020-5005
Chicopee metro Census 810601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$623k
Blend (final) Blend
$660k

Owner & transaction history

since 2015
5 recorded transactions
2015
Price N/A
2007
$1.2M
2000
Price N/A
1998
$890,000
1996
$500,000

Zoning & alternative use

111A · Chicopee, MA
Top alternative use upside
Retail stores $520,000 +4.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 786 Memorial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message