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    Property profile & analytics

    863 Montgomery St Chicopee, MA 01013-3823

    • Office buildings
    • 1,400 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US38-1024894
    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

    • Diamond Water Systems Inc / Water Filter Supplier / Water Softening Equipment Supplier
    • Comprehensive Insurance Policy / Insurance Agency

    Property Details for 863 Montgomery St

    Year built
    2005
    Construction
    FRAME
    Lot size
    1.35 lot acres
    Property size
    1,400 SF
    Zone code
    106
    Property type
    Office buildings
    APN
    CHIC M:0505 P:00015
    APU
    CHICM0505P00015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $405,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $475,000
      Mixed-Use
      $410,000
      Hospitality
      $390,000
      Educational
      $475,000
      Residential Income
      $405,000
      Energy
      $420,000
      Income-Based Land
      $505,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5929
    Latitude
    42.182
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, 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
    $9,540
    $96,600
    $203,600
    $300,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $85,000
      1,386 SF

      50 Elizabeth St

      OFFICE BUILDING • 1,386 SF
      50 Elizabeth St, Chicopee, MA 01013-2166
      View Details
    • Value Estimation by Request
      45,440 SF

      1 Broadcast Ctr

      OFFICE BUILDING • 45,440 SF
      1 Broadcast Ctr, Chicopee, MA 01013-1829
      View Details
    • Value Estimation
      $505,000
      25,938 SF

      10 Ctr St

      OFFICE BUILDING • 25,938 SF
      10 Ctr St, Chicopee, MA 01013-2680
      View Details
    • Value Estimation
      $325,000
      5,472 SF

      276 Exchange St

      OFFICE BUILDING • 5,472 SF
      276 Exchange St, Chicopee, MA 01013
      View Details
    • Value Estimation
      $205,000
      1,020 SF

      375 Chicopee St

      OFFICE BUILDING • 1,020 SF
      375 Chicopee St, Chicopee, MA 01013-1913
      View Details
    • Value Estimation
      $385,000
      7,186 SF

      168 Chicopee St

      OFFICE BUILDING • 7,186 SF
      168 Chicopee St, Chicopee, MA 01013-1778
      View Details

    Similar Nearby for Sale

    • $299,900

      Freestanding Office Building For Sale

      Well-maintained 2,110 SF office building with excellent visibility.
      386 Chicopee St, Chicopee, MA 01013
      View Details
    • Contact for pricing

      Mixed-Use Property in Downtown Chicopee

      Historic mixed-use property with theater, retail, and office spaces.
      43 Springfield St, Chicopee, MA 01013
      View Details
    • Contact for pricing

      Chicopee Office Space Available

      Office property for sale in Chicopee, Massachusetts.
      43-57 Springfield St, Chicopee, MA 01013
      View Details
    • $425,000

      Downtown Chicopee Commercial Building For Sale

      Commercial building in downtown Chicopee with full kitchen.
      66 Cabot St, Chicopee, MA 01013
      View Details
    • $489,000
      0.23 Acres

      Chicopee Commercial Building Investment

      Versatile Retail, Warehouse & Garage Space
      1046 Chicopee St, Chicopee, MA 01013
      View Details
    • $690,000
      0.41 Acres

      Chicopee Commercial Building & Lots

      Prime Investment: Store, Apartments, Land
      4 Dale Ct, Chicopee, MA 01013
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,828 SF

      Chicopee Office Space For Lease

      Second floor office space in downtown Chicopee with on-site parking.
      35 Center St, Chicopee, MA 01013
      View Details
    • $1,495 /Mo

      Contractor Shop/Workshop Space Available

      Versatile space for trade professionals, sign shops, and auto detailers.
      257 Hampden St, Chicopee, MA 01013
      View Details
    • $12 SF/Yr
      57,459 SF

      Chicopee School Building For Lease

      Spacious Educational Facility - Prime Location
      134 Springfield St, Chicopee, MA 01013
      View Details
    • $16 SF/Yr

      Retail Space on Chicopee Street

      Former barber shop with large windows available for lease.
      460 Chicopee St, Chicopee, MA 01013
      View Details
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    863 Montgomery St
    Chicopee, MA 01013-3823
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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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