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Property profile & analytics
OFF-MARKET
Estimated value
$4,140,000
Retail properties & Spaces
898 Crane Ave Pittsfield, MA 01201-1788
Entity Owned
21-yr Hold
Free & Clear
Property ID
US38-1227329
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2005
Construction
STEEL FRAME
Total area
37,856 SF
Lot
5.11 ac (222,635 SF)
Zoning code
CWS
APN
PITT M:L13 B:0005 L:003
UPID
US38-1227329
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
-
Tractor Supply Co. (Bike/Boat/Book/etc) Store Pet Store
-
ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.15M
Blend (final)
Blend
$4.14M
Owner & transaction history
Safe Storage Mass LLC · 21 yrs held
Safe Storage Mass LLC
since 2005
3 recorded transactions
Zoning & alternative use
CWS · Pittsfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.3M
+68.5%
Auto repair, garage
$4.9M
+56.9%
Commercial (general)
$3.3M
+6.0%
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
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
RETAIL STORES
$3,135,000
Current use
OFFICE BUILDING
$5,285,000
Change: +68% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,920,000
Change: +57% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,325,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$4.14M
Range $3.73M – $4.55M · ±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
$109 / 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
$119,658
Tax year 2024
Assessed value
$3,020,900
Assessed 2024
Previous assessed
$3,020,900
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$918,700
Assessed improvement
$2,102,200
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Total area
37,856 SF
Lot
5.11 ac (222,635 SF)
Zoning code
CWS
APN
PITT M:L13 B:0005 L:003
UPID
US38-1227329
Jurisdiction
PITTSFIELD
Zoning & alternative use
CWS · Pittsfield, MA
Zoning CWS · permitted uses
CWS · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
OFFICE BUILDING
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$3.3M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Lot
5.11 ac
Current owner
From public records · entity-resolved
Safe Storage Mass LLC
Entity
Free & Clear · 21 yrs held
Mailing address
40 CUTTER ML RDV206, NEW YORK, NY 10021
Ownership since
2005
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
Jul 22, 2005
$300,000
Safe Storage Mass LLC
Point Petre Dev LLC
Grant Deed
—
Jul 24, 2002
$5,600,000
Point Petre Del LLC
Allendale Shopping Ctr
Grant Deed
$7,705,000 · Manufacturers Traders & Trust
May 15, 2000
—
Allendale Shopping Ctr
—
Deed Of Trust
related
$3,000,000 · Thomas A Ricchi
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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