Financial
Distress signals
Property profile

515 Main St Fitchburg, MA 01420

OFF-MARKET
Office buildings
Property ID
US38-0973684
24,840 SF 0.16 ac lot Built 1940
Last sale Jun 2024 · $825,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This downtown Fitchburg office space is located near a public parking garage, the train and bus station, and Fitchburg State University. The interior is configured with a modern layout featuring glass elements, neutral wall finishes, and wood laminate flooring. The space includes a fully equipped kitchen, reception area with a reception desk, and conference rooms, along with 15 private offices. It totals approximately 5,000 square feet.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$10k
Tax billed · 2024
Assessed value$693k
Assessed land$98k
Assessed improvement$595k
Effective rate1.48%

Value estimate

· Sep 2026
$825k
$743k – $908k
AI approach$825k
Sales comparison$826k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$33 – $138
Qualifying comparables3

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?
DB
General categoryCOMMERCIAL
JurisdictionFITCHBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.8
Skin Care Clinic12.1
Pharmacy11.4

Location

515 Main St Fitchburg, MA 01420-0188
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
280 Main St, Fitchburg, MA 01420-4333 $1,000,000 Jan 2025 29,080 SF
625 Main, Fitchburg, MA 01420-3496 $700,000 Aug 2024 23,014 SF
533 Main, Fitchburg, MA 01420-8010 $25,000 Aug 2024 13,898 SF
424 Main, Fitchburg, MA 01420-8040 $480,000 Aug 2023 31,200 SF
348 Lunenburg, Fitchburg, MA 01420-2780 $550,000 Mar 2023 10,988 SF
633 Main, Fitchburg, MA 01420-3107 $550,000 Apr 2022 28,576 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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