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    Property profile & analytics

    1 Brightside St Millbury, MA 01527-4105

    • Manufacturing properties
    • 6,258 SF
    • 26.61 lot acres
    OFF-MARKET
    Value Estimation
    $865,000
    Last Sale
    May 18, 2022
    $875,000
    Location Intelligence
    Property ID
    US38-2040897
    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

    • Signature Kitchens and More / Kitchen Remodeler / Bathroom Remodeler

    Property Details for 1 Brightside St

    Year built
    1916
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    26.61 lot acres
    Property size
    6,258 SF
    Zone code
    I1
    Property type
    Manufacturing properties
    APN
    MILB M:038 B:0000063 L:
    APU
    MILBM038B0000063L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $965,000
      6.5%
      $855,000
      7%
      $930,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $925,000
      Geo Method
      $960,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,080,000
      Retail
      $955,000
      Mixed-Use
      $1,020,000
      Hospitality
      $885,000
      Educational
      $910,000
      Residential Income
      $875,000
      Energy
      $815,000
      Income-Based Land
      $830,000
      Food Service
      $955,000

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7469
    Latitude
    42.202
    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
    $6,532
    $268,700
    $225,000
    $493,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $710,000
      49,629 SF

      95 Main St

      MANUFACTURING (LIGHT) • 49,629 SF
      95 Main St, Millbury, MA 01527-1936
      View Details
    • Value Estimation
      $270,000
      2,508 SF

      22 Waters St

      MANUFACTURING (LIGHT) • 2,508 SF
      22 Waters St, Millbury, MA 01527-2627
      View Details
    • Value Estimation
      $4,365,000
      44,646 SF

      1537 Grafton Rd

      MANUFACTURING (LIGHT) • 44,646 SF
      1537 Grafton Rd, Millbury, MA 01527-4332
      View Details
    • Value Estimation
      $540,000
      26,414 SF

      10 Ww St

      MANUFACTURING (LIGHT) • 26,414 SF
      10 Ww St, Millbury, MA 01527-2608
      View Details
    • Value Estimation
      $185,000
      7,200 SF

      6 Grafton St

      MANUFACTURING (LIGHT) • 7,200 SF
      6 Grafton St, Millbury, MA 01527-3918
      View Details
    • Value Estimation
      $430,000
      15,897 SF

      Main St

      MANUFACTURING (LIGHT) • 15,897 SF
      Main St, Millbury, MA 01527
      View Details

    Similar Nearby for Sale

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      Duplex suitable for rental income or multi-generational living.
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    Similar Nearby for Lease

    • Contact for pricing
      84,000 SF

      Millbury Industrial Space For Lease

      Modern Manufacturing/Warehouse, 84,000 SF
      1537 Grafton Rd, Millbury, MA 01527
      View Details
    • $9 SF/Yr
      258,100 SF

      Howe Avenue Industrial Space

      Millbury, MA warehouse space available
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      View Details
    • Contact for pricing
      120,000 SF

      Millbury Warehouse Space Available

      120,000 square foot warehouse space for lease in Millbury.
      5 Latti Farm Rd, Millbury, MA 01527
      View Details
    • Contact for pricing
      4,440 SF

      Medical/Retail Space in Downtown Millbury

      4,440 SF medical/retail space in Millbury's downtown district.
      108 Elm St, Millbury, MA 01527
      View Details
    • $17 SF/Yr
      3,000 SF

      Restaurant Opportunity in Millbury

      3000 sq ft restaurant space with turnkey equipment available.
      56 Canal St, Millbury, MA 01527
      View Details
    • $20 SF/Yr
      1,890 SF

      Turn-Key Retail Space Available

      Retail space in Millbury, MA, ideal for food-related businesses.
      97 Elm St, Millbury, MA 01527
      View Details
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    1 Brightside St
    Millbury, MA 01527-4105
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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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