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    Property profile & analytics

    Memorial Dr Chicopee, MA 01020

    • Commercial land
    • 6.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2141986
    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
    6.64 lot acres
    Zone code
    111A
    Property type
    Commercial land
    APN
    CHIC M:0632 P:00004
    APU
    CHICM0632P00004

    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
    -72.5729
    Latitude
    42.1956
    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
    $2,012
    $63,300
    $0.00
    $63,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      328 Carew St

      VACANT COMMERCIAL LAND • 0.13 Acres
      328 Carew St, Chicopee, MA 01020-3342
      View Details
    • Value Estimation by Request
      0.14 Acres

      Crawford Ave

      VACANT COMMERCIAL LAND • 0.14 Acres
      Crawford Ave, 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
      0.45 Acres

      Montgomery St

      VACANT COMMERCIAL LAND • 0.45 Acres
      Montgomery St, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      0.15 Acres

      Sheridan St

      VACANT COMMERCIAL LAND • 0.15 Acres
      Sheridan St, Chicopee, MA 01020
      View Details
    • Value Estimation by Request
      0.32 Acres

      Frnt St St

      VACANT COMMERCIAL LAND • 0.32 Acres
      Frnt St St, Chicopee, MA 01020
      View Details

    Similar Nearby for Sale

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      Chicopee Land For Sale

      Land available for sale in Chicopee, Massachusetts.
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      Charming Colonial Duplex Near Historic Center

      Two-family house near Cuenca's historic center with 9 bedrooms.
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    • Contact for pricing

      Versatile Commercial Space in Chicopee

      Commercial space suitable for retail or office use.
      5 Willow St, Chicopee, MA 01020
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    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
    • $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
    • $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
    • $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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