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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Retail space
87 Shaker Rd East Longmeadow, MA 01028-2487
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1082110
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
FRAME
Total area
10,200 SF
Lot
0.32 ac (13,722 SF)
Zoning code
IND
APN
ELON M:0028 B:0005 L:0000
UPID
US38-1082110
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
-
Kitchens By Chapdelaine Construction Company General Contractor
-
Reflections by Claudia (Bike/Boat/Book/etc) Store
-
The College Advisor of New England, Inc. College Educational Consultant
-
Richard Kane & Associates Ltd. Real Estate Agency
-
Winthrop Technologies Corporation (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$1.01M
Owner & transaction history
140 Lburg LLC · 4 yrs held
140 Lburg LLC
since 2021
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
IND · East Longmeadow, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+31.9%
Auto repair, garage
$1.3M
+23.1%
Office building
$1.1M
+9.7%
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 East Longmeadow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Longmeadow 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
$980,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,035,000
Current use
RESTAURANT
$1,370,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,275,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,140,000
Change: +10% · Conversion: Easy
COMMERCIAL (GENERAL)
$890,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.00M (Sep 28 2021)
Last sale anchor
$1.00M
Sep 28 2021
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
$99 / 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
$18,566
Tax year 2024
Assessed value
$1,001,400
Assessed 2024
Previous assessed
$1,001,400
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$147,100
Assessed improvement
$854,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Bathrooms
4
Total area
10,200 SF
Lot
0.32 ac (13,722 SF)
Zoning code
IND
APN
ELON M:0028 B:0005 L:0000
UPID
US38-1082110
Jurisdiction
EAST LONGMEADOW
Zoning & alternative use
IND · East Longmeadow, MA
Zoning IND · permitted uses
IND · East Longmeadow, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Longmeadow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$890,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (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
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Bathrooms
4
Lot
0.32 ac
Current owner
From public records · entity-resolved
140 Lburg LLC
Entity
Mailing address
35 INDUSTRIAL DR, EAST LONGMEADOW, MA 01028-3239
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
$1,000,000
140 Lburg LLC
Chapdelaine Realty INC
Quit Claim Arm's Length For Ne States
—
Feb 24, 2000
—
Chapdelaine Rlty INC
—
Deed Of Trust
related
$500,000 · Springfield Inst For Saving
Sep 30, 1987
—
Joseph Chapdelaine
—
Deed Of Trust
related
$325,000 · Baybank Valley Trust
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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