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Property profile & analytics
OFF-MARKET
Estimated value
$7,765,000
Warehouses
87-101 Herbert P Almgren Dr, Agawam, MA 01001
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1416506
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
STEEL FRAME
Total area
186,125 SF
Lot
14.69 ac (639,988 SF)
Zoning code
IA
APN
AGAW M:00G6 B:0003 L:4
UPID
US38-1416506
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
by Request
Comparable Approach
Comparable
$7.12M
Blend (final)
Blend
$7.77M
Owner & transaction history
101 Almgren Inv Ptnrs LLC · 9 yrs held
101 Almgren Inv Ptnrs LLC
since 2017
4 recorded transactions
Zoning & alternative use
IA · Agawam, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$10.4M
+9.8%
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 Agawam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Agawam 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,515,000
Current use
INDUSTRIAL (GENERAL)
$10,445,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$7.77M
Range $6.99M – $8.54M · ±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
$42 / 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
$227,059
Tax year 2024
Assessed value
$8,244,700
Assessed 2024
Previous assessed
$7,737,300
+6.6% YoY
Effective rate
2.75%
On assessed value
Assessed land
$876,400
Assessed improvement
$7,368,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
6
Total area
186,125 SF
Lot
14.69 ac (639,988 SF)
Zoning code
IA
APN
AGAW M:00G6 B:0003 L:4
UPID
US38-1416506
Jurisdiction
AGAWAM
Zoning & alternative use
IA · Agawam, MA
Zoning IA · permitted uses
IA · Agawam, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Agawam. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.5M
INDUSTRIAL (GENERAL)
Est. value
$10.4M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
6
Lot
14.69 ac
Current owner
From public records · entity-resolved
101 Almgren Inv Ptnrs LLC
Entity
Mailing address
137 DANBURY RD, NEW MILFORD, CT 06776-3428
Ownership since
2017
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
Aug 27, 2019
—
101 Almgren Invest Ptnrs
—
Deed
related
$7,350,000 · Provident Bank
Apr 3, 2017
$6,375,000
101 Almgren Inv Ptnrs LLC
4 Cities Partners Ltd
Quit Claim Deed
related
$4,080,000 · Miscellaneous Ins Co
Nov 27, 2001
$2,120,565
Four Cities Ptrs Ltd
Agawam Ssi LLC
Grant Deed
—
Nov 8, 2000
$6,250,000
Agawam Ssi LLC
School Speciality INC
Grant Deed
$4,781,250 · Ge Capital Franchise Finance
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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