53 SumnerMilford, MA 01757

  • Other commercial real estate
  • 31,200 SF
Off market
$30,857,950 Estimated

Property Details for 53 Sumner

Year built
2002
Construction
STEEL FRAME
Lot size
3.08 AC
Property size (Sq ft)
31,200 SF
Zone code
IA
Property type
Other commercial real estate
Property subtype
Showrooms
APN
MILF M:34 B:000 L:73D
APU
MILFM34B000L73D

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,582,689
    6.5%
    $6,999,406
    7%
    $6,499,448
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,273,012
    Geo Method
    $10,273,012
  • Alternative Use

    Use
    Valuation
    Residential
    $5,904,260
    Hospitality
    $5,408,270
    Educational
    $4,499,618
    Medical
    $4,654,366
    Retail
    $6,999,406
53 Sumner, Milford, Massachusetts
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Location Insight

City
Milford
County
Worcester
State
Massachusetts
Latitude
42.1539
Longitude
-71.5193
CBSA code
49340
CBSA name
WORCESTER, MA-CT 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
$58,719
$590,100
$1,847,400
$2,437,500
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