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    Property profile & analytics

    1 Elm St Millbury, MA 01527-3104

    • Turn key restaurants
    • 2,236 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US38-1982339
    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

    • Dunkin' / Donut Shop / Fast Food Restaurant
    • Citgo / Gas Station

    Property Details for 1 Elm St

    Year built
    2012
    Construction
    FRAME
    Lot size
    2.00 lot acres
    Property size
    2,236 SF
    Zone code
    B2
    Property type
    Turn key restaurants
    APN
    MILB M:054 B:0000087 L:
    APU
    MILBM054B0000087L

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7568
    Latitude
    42.1925
    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
    $7,165
    $106,500
    $435,100
    $541,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      6,960 SF

      126 Main St

      RESTAURANT • 6,960 SF
      126 Main St, Millbury, MA 01527-1956
      View Details
    • Value Estimation
      $430,000
      3,290 SF

      82 Wheelock Ave

      RESTAURANT • 3,290 SF
      82 Wheelock Ave, Millbury, MA 01527-3500
      View Details
    • Value Estimation
      $340,000
      6,882 SF

      11 Main St

      RESTAURANT • 6,882 SF
      11 Main St, Millbury, MA 01527-3125
      View Details
    • Value Estimation
      $265,000
      2,563 SF

      198 Millbury Ave

      RESTAURANT • 2,563 SF
      198 Millbury Ave, Millbury, MA 01527-3420
      View Details
    • Value Estimation by Request
      5,980 SF

      60 Elm St

      RESTAURANT • 5,980 SF
      60 Elm St, Millbury, MA 01527-3105
      View Details
    • Value Estimation
      $460,000
      1,960 SF

      49 Elm St

      RESTAURANT • 1,960 SF
      49 Elm St, Millbury, MA 01527-3104
      View Details

    Similar Nearby for Sale

    • $300,000

      Millbury Restaurant Opportunity For Sale

      Turnkey restaurant with seating for over 100 and ample parking.
      45 River St, Millbury, MA 01527
      View Details
    • $1,100,000

      Turn-Key Restaurant and Lounge-Bar

      Profitable turn-key restaurant and lounge-bar with loyal customers.
      82 Wheelock Ave, Millbury, MA 01527
      View Details
    • $2,100,000
      8,700 SF

      Millbury Freestanding Building For Sale

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    • $659,888

      Well-Maintained Duplex with Rental Income

      Duplex suitable for rental income or multi-generational living.
      123 Riverlin St, Millbury, MA 01527
      View Details
    • $249,900
      20.73 Acres

      Millbury Land Development Opportunity

      20+ acres of developable land in Millbury, Massachusetts.
      Auburn Rd, Millbury, MA 01527
      View Details
    • Contact for pricing
      62,244 SF

      Millbury Mixed-Use Redevelopment

      180 Units, 62,244 SF, Prime Location
      115 Main St, Millbury, MA 01527
      View Details

    Similar Nearby for Lease

    • $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
    • $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
    • 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
    • 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
      50 Howe Ave, Millbury, MA 01527
      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

    Property Visit Statistics

    • Visits by month
      32.8k
    • Visitors by month
      13.3k
    • Avg Time on site
      9 min
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    Millbury, MA 01527-3104
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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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