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Property profile & analytics
FOR LEASE
Commercial real estate
877 South St Pittsfield, MA 01201
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0305219
For Lease
1 / 10
Contact for pricing
877 South St, Pittsfield, MA 01201
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Lot
45.74 ac (1,992,565 SF)
Zoning code
LDI
APN
PITT M:H03 B:0002 L:202
UPID
US38-0305219
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
-
Clinical & Support Options Medical Clinic
-
Hospice Care In the Berkshires Nursing Home
-
Nancy Persson Foster Care Service Social Service Agency
-
Jacqueline Pelzek Foster Care Service Social Service Agency
-
Julie Wigmore Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.41M
Owner & transaction history
877 S St Pittsfield LLC · 3 yrs held
877 S St Pittsfield LLC
since 2022
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
LDI · Pittsfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,810,000
ML approach
$3,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.41M
Range $3.06M – $3.75M · ±10% · vs last sale $3.00M (Dec 22 2022)
Last sale anchor
$3.00M
Dec 22 2022
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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$55,959
Tax year 2020
Assessed value
$2,575,000
Assessed 2024
Previous assessed
$1,381,300
+86.4% YoY
Effective rate
2.17%
On assessed value
Assessed land
$894,300
Assessed improvement
$1,680,700
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1987
Heating
NONE
Buildings
2
Lot
45.74 ac (1,992,565 SF)
Zoning code
LDI
APN
PITT M:H03 B:0002 L:202
UPID
US38-0305219
Jurisdiction
PITTSFIELD
Zoning & alternative use
LDI · Pittsfield, MAZoning LDI · permitted uses
LDI · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Buildings
2
Lot
45.74 ac
Current owner
From public records · entity-resolved
877 S St Pittsfield LLC
Entity
Mailing address
1372 MAIN ST, COVENTRY, RI 02816-8436
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$3,000,000
877 S St Pittsfield LLC
Farley White South St LLC
Quit Claim Arm's Length For Ne States
$1,900,000 · Farley White South St
Feb 17, 2011
$1,050,000
Farley White S Str LLC
Guardian Life Ins
Grant Deed
—
Feb 6, 2009
$425,000
Guardian LLC Of America
Hospicecare In Berksh INC
Grant Deed
—
Aug 2, 2001
$7,600,000
Guardian Life Ins Co
Geary Corp
Grant Deed
—
Dec 14, 1987
—
Geary Corp
—
Deed Of Trust
related
$9,000,000 · Zuckerman Family Nomi
Jul 23, 1987
—
Geary Corp
—
Deed Of Trust
related
$2,000,000 · First Agricultural Bank
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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