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    Property profile & analytics

    Reservoir Rd Otis, MA 01253

    • Retail properties
    • 573 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 04, 2021
    $50,000
    Location Intelligence
    Property ID
    US38-0097408
    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

    • Retail properties

    Property Details for Reservoir Rd

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.05 lot acres
    Property size
    573 SF
    Zone code
    V-1
    Property type
    Retail properties
    APN
    OTIS M:16-B L:3
    APU
    OTISM16BL3

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Otis
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.0421
    Latitude
    42.1735
    CBSA code
    38340
    CBSA name
    PITTSFIELD, 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
    $1,354
    $206,300
    $2,700
    $209,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,642 SF

      1526 Main Rd

      DEPARTMENT STORE • 1,642 SF
      1526 Main Rd, Otis, MA 01253-9791
      View Details
    • Value Estimation
      $410,000
      5.68 Acres

      42 Otis Rd, Unit 62

      DEPARTMENT STORE • 5.68 Acres
      42 Otis Rd, Otis, MA 01253-9793
      View Details
    • Value Estimation by Request
      6,000 SF

      74 New Hollywood Blvd

      SHOW ROOM, WAREHOUSE • 6,000 SF
      74 New Hollywood Blvd, Otis, MA 01253
      View Details
    • Value Estimation by Request
      3,280 SF

      906 Otis Rd

      AUTO REPAIR, GARAGE • 3,280 SF
      906 Otis Rd, Otis, MA 01253-9672
      View Details
    • Value Estimation
      $1,055,000
      4.25 Acres

      1735 Otis Rd

      SHOW ROOM, WAREHOUSE • 4.25 Acres
      1735 Otis Rd, Otis, MA 01253
      View Details
    • Value Estimation
      $355,000
      1,056 SF

      152 Main Rd

      SHOW ROOM, WAREHOUSE • 1,056 SF
      152 Main Rd, Otis, MA 01253-9741
      View Details

    Similar Nearby for Sale

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      6,346 SF

      Gas Station & C-Store Asset

      Turnkey gas station and convenience store in Otis, Massachusetts.
      2000 E Otis Rd, East Otis, MA 01253
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    • $42,900
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      Residential Lot in Harrington Woods

      1.82 acre residential lot with community amenities in Otis, MA.
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    • $399,500
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      Residential Land for Sale, Otis

      Residential land available in Otis, Massachusetts.
      Leisure Ln, Otis, MA 01253
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    • $275,000
      1.50 Acres

      Residential Land Near Big Pond

      Two lots for building a home with waterfront access.
      Lion Hl Rd, Otis, MA 01253
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    • New
      $49,000
      Pending

      Residential Land in Otis, MA

      6.91 acre residential land for sale in Otis, Massachusetts.
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      Waterfront Land on Benton Pond

      4.6-acre waterfront lot with road frontage and lake access.
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    Reservoir Rd
    Otis, MA 01253
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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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