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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Specialty properties
8 Conte Dr, Pittsfield, MA 01201-8298
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-0561160
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2000
Construction
STEEL FRAME
Total area
9,775 SF
Lot
2.65 ac (115,434 SF)
Zoning code
LDI
APN
PITT M:H02 B:0001 L:202
UPID
US38-0561160
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
-
Dr. Harvey Zimbler, MD Physician
-
BMC Central Dialysis Center Medical Clinic
-
Dr. Spyridon G. Triantos, MD Physician
-
Renal Dialysis Unit At Bmc Medical Clinic
-
Michael Deleo Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$976k
Blend (final)
Blend
$720k
Owner & transaction history
Berkshire Medical Center · 12 yrs held
Berkshire Medical Center
since 2013
5 recorded transactions
Zoning & alternative use
LDI · Pittsfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+72.2%
Restaurant
$1.1M
+68.9%
Auto repair, garage
$1.1M
+68.1%
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
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$660,000
Current use
MEDICAL BUILDING
$1,135,000
Change: +72% · Conversion: Difficult
RESTAURANT
$1,110,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,105,000
Change: +68% · Conversion: Difficult
RETAIL STORES
$845,000
Change: +29% · Conversion: Difficult
COMMERCIAL (GENERAL)
$740,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$720,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10%
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
$74 / 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
Assessed value
$1,698,900
Assessed 2024
Previous assessed
$1,698,900
+0.0% YoY
Assessed land
$126,400
Assessed improvement
$1,572,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
9,775 SF
Lot
2.65 ac (115,434 SF)
Zoning code
LDI
APN
PITT M:H02 B:0001 L:202
UPID
US38-0561160
Jurisdiction
PITTSFIELD
Zoning & alternative use
LDI · Pittsfield, MA
Zoning LDI · permitted uses
LDI · 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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$660,000
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$740,000
OFFICE BUILDING
Est. value
$720,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.65 ac
Current owner
From public records · entity-resolved
Berkshire Medical Center
Individual
Mailing address
725 NN ST, PITTSFIELD, MA 01201-4109
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2013
$2,100,000
Berkshire Medical Center
Drtz LLC
Quit Claim Deed
—
Oct 31, 2011
—
Drtz LLC
—
Deed Of Trust
related
$1,680,000 · Pittsfield Capital Bank
Jun 24, 2008
$2,100,000
Drtz LLC
Columbia Gordon Rose LLC
Grant Deed
$1,900,000 · Bank Of America
Mar 31, 2000
—
Gordon Rose Columbia
—
Deed Of Trust
related
$1,300,000 · Cohasset Savings Bank
Dec 3, 1999
$110,000
Gordon Rose Columbia
Cntrl Bkershre Cty Dev
Grant Deed
—
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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