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Property profile & analytics
OFF-MARKET
Commercial real estate

821 Montgomery St Chicopee, MA 01013

12.47 ac lot
Property ID
US38-1639263
Property summary
AI-generated overview

This exceptional 12.47-acre parcel presents a significant redevelopment opportunity in the heart of Chicopee, Massachusetts. Zoned RC - Residential C, this property offers substantial potential for a multi-family residential project. A conceptual plan suggests the possibility of six two-story buildings, potentially yielding approximately forty-two units each, though all interested parties must conduct their own due diligence to determine the maximum buildable potential. The site's location provides excellent access to major transportation arteries, including I-90 and I-91, placing it within easy reach of Holyoke and the broader Springfield metropolitan area. This prime location offers convenient access to amenities and a strong potential for attracting residents. The property is being offered without a list price on a Request for Proposal (RFP) basis. Interested parties are encouraged to conduct a thorough independent investigation to assess the feasibility and maximize the development potential of this exceptional land parcel. The address is 821 Montgomery Street, Chicopee, MA 01013, situated in Hampden County. Detailed site plans and further information are available upon request. This is a unique opportunity to acquire a substantial land holding in a desirable and rapidly developing area.

Property profile
Verified
Property type Commercial real estate
Lot 12.47 ac (543,193 SF)
UPID US38-1639263
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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