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Financial
Distress signals
Property profile

Memorial Dr Chicopee, MA 01020

OFF-MARKET
Commercial land
Property ID
US38-0423223
0.08 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two buildings on a busy corner on Memorial Ave, including a larger commercial office/retail building custom built in 1987 and an additional smaller building. The larger building has three floors and features office and open space configured to accommodate one large business or multiple tenants, with 12 or more offices and shared open areas; it has been updated and includes three heating and cooling units, two electric panels, and a kitchenette on the second floor. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$108
Tax billed · 2024
Assessed value$3k
Assessed land$3k
Effective rate3.18%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$52 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
111
JurisdictionCHICOPEE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm29.7
Realty agency29.0
Restaurant22.5

Location

Memorial Dr Chicopee, MA 01020
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 9 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1339 Memorial, Chicopee, MA 01020-3967 $1,400,000 Oct 2022 3,400 SF
105 Ee, Chicopee, MA 01020-3467 $350,000 May 2020 10,248 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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