Property profile

96 Palmer Rd Monson, MA 01057

OFF-MARKET
Manufacturing properties
Property ID
US38-1135654
50,656 SF 5.62 ac lot Built 1959
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1959
Construction FRAME
Total area 50,656 SF
Lot 5.62 ac (244,807 SF)
Zoning code I
APN MONS M:111 B:071
UPID US38-1135654

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Garden Center Landscaping

Location

96 Palmer Rd Monson, MA 01057-9509
Monson metro Census 813702 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.16M
Comparable Approach Comparable
$4.27M
Blend (final) Blend
$3.72M

Owner & transaction history

since 2018
5 recorded transactions
2018
$12.8M
2016
$825,000
2014
$100,000
2008
Price N/A
2006
$1.2M

Zoning & alternative use

I · Monson, MA
Zoning description

This zone is intended to promote industrial district uses.

General category INDUSTRIAL
Top alternative use upside
Retail stores $5.2M +81.2%
Office building $4.6M +63.4%
Commercial (general) $4.4M +55.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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