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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Retail space
945 Chicopee St, Chicopee, MA 01013-2796
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1787013
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,725 SF
Lot
0.36 ac (15,890 SF)
Zoning code
113
APN
CHIC M:0604 P:00001
UPID
US38-1787013
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
-
Jenrose Wines & Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$700k
Owner & transaction history
Navin Patel · 6 yrs held
Navin Patel
since 2020
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
113 · Chicopee, 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 Chicopee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicopee 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
$685,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jun 8 2020)
Last sale anchor
$700k
Jun 8 2020
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
$148 / 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
$24,652
Tax year 2024
Assessed value
$775,700
Assessed 2024
Previous assessed
$775,700
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$112,300
Assessed improvement
$663,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
4,725 SF
Lot
0.36 ac (15,890 SF)
Zoning code
113
APN
CHIC M:0604 P:00001
UPID
US38-1787013
Jurisdiction
CHICOPEE
Zoning & alternative use
113 · Chicopee, MA
Zoning 113 · permitted uses
113 · Chicopee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chicopee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Navin Patel
Individual
Mailing address
525 SHOEMAKER LN, AGAWAM, MA 01001-3691
Ownership since
2020
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
Jun 8, 2020
$700,000
Navin Patel
Clt Realty INC
Quit Claim Arm's Length For Ne States
$560,000 · Westfield Bank Fsb
Apr 8, 2004
$190,000
Clt Realty INC
Nichols,james R
Grant Deed
$120,000 · Banknorth NA
Dec 29, 1998
—
James R Nichols SR.
—
Deed Of Trust
related
$236,000 · Hampden Savings Bank
Sep 4, 1992
$140,000
James R Nichols
Doane & Williams INC
Grant Deed
$135,000 · City Cp Bk
Nov 10, 1988
—
Doane & Williams INC
—
Deed Of Trust
related
$900,000 · Baybank Valley Trust Co
Nov 30, 1987
—
Doane & Williams INC
—
Deed Of Trust
related
$500,000 · Shawmut First Bank & Trust Co
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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