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    Property profile & analytics

    Memorial Dr Chicopee, MA 01020

    • Commercial land
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1976596
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for Memorial Dr

    Lot size
    0.16 lot acres
    Zone code
    111
    Property type
    Commercial land
    APN
    CHIC M:0653 P:00018
    APU
    CHICM0653P00018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5741
    Latitude
    42.1987
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,249
    $39,300
    $0.00
    $39,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

      Memorial Dr

      VACANT COMMERCIAL LAND • 0.46 Acres
      Memorial Dr, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      0.04 Acres

      Memorial Dr

      VACANT COMMERCIAL LAND • 0.04 Acres
      Memorial Dr, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      0.08 Acres

      Memorial Dr

      VACANT COMMERCIAL LAND • 0.08 Acres
      Memorial Dr, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      0.12 Acres

      Pendexter Ave

      VACANT COMMERCIAL LAND • 0.12 Acres
      Pendexter Ave, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      3.79 Acres

      Shawinigan Dr

      VACANT COMMERCIAL LAND • 3.79 Acres
      Shawinigan Dr, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      0.06 Acres

      Sheridan St

      VACANT COMMERCIAL LAND • 0.06 Acres
      Sheridan St, Chicopee, MA 01020
      View Details

    Similar Nearby for Sale

    • $425,000

      Commercial Land with Development Potential

      Commercial property with existing structure and development possibilities.
      523 James St, Chicopee, MA 01020
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    • $675,000

      Chicopee Land For Sale

      Land available for sale in Chicopee, Massachusetts.
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    • $55,000

      Vacant Lot For Sale

      Vacant, flat, cleared 9118 sq. ft. lot.
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    • $675,000
      2.40 Acres

      Chicopee Commercial Land - Great Highway Access

      2.4 Acres, Business B Zoning, Build-to-Suit
      896 Main St, Chicopee, MA 01020
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    • $169,000
      6,500 SF

      Thriving Country Restaurant - Chicopee, MA

      Established Restaurant, Turnkey Opportunity, High Occupancy
      769 Burnett Rd, Chicopee, MA 01020
      View Details
    • $850,000

      Profitable Restaurant Site with Equipment

      Turnkey restaurant opportunity with high traffic and included equipment.
      1535 Memorial Dr, Chicopee, MA 01020
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Rent Chicopee

      Land available for rent in Chicopee, Massachusetts.
      1430 Memorial Dr, Chicopee, MA 01020
      View Details
    • Contact for pricing
      19,732 SF

      Main Street Chicopee Retail Center

      Prime Chicopee retail space, ample parking.
      70-90 Main St, Chicopee, MA 01020
      View Details
    • $799,000
      2,604 SF

      Single Tenant Building For Lease

      Single tenant building, formerly a veterinary clinic, available for lease.
      1361 Memorial Dr, Chicopee, MA 01020
      View Details
    • $1,600 /Mo

      Chicopee Falls Retail/Office Space

      Retail or office space for lease in Chicopee Falls.
      155 East St, Chicopee, MA 01020
      View Details
    • $24 SF/Yr
      800 SF

      Chicopee Falls Retail/Office Space

      800 SF retail or office space for lease.
      151 East St, Chicopee, MA 01020
      View Details
    • $8,000 /Mo
      4,000 SF

      Retail Space on Memorial Drive

      Retail space available with high traffic and signalized access.
      451-455 Memorial Dr, Chicopee, MA 01020
      View Details
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    Memorial Dr
    Chicopee, MA 01020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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