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Property profile & analytics
FOR LEASE
Showrooms
108 Elm St, Millbury, MA 01527
Entity Owned
Free & Clear
Property ID
US38-0350513
For Lease
1 / 8
Contact for pricing
108 Elm St, Millbury, MA 01527
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Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,440 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B1
APN
MILB M:053 B:0000083 L:
UPID
US38-0350513
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Spicy Water Distillery Brewery & Distillery Bar & Pub
-
Day-Repair Chimneys & Fireplaces Center AEKI Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jabrol LLC
Jabrol LLC
since 2025
Last sale
$75,000
5 recorded transactions
Zoning & alternative use
B1 · Millbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Millbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,697
Tax year 2024
Assessed value
$506,200
Assessed 2024
Previous assessed
$506,200
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$100,300
Assessed improvement
$405,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
4,440 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B1
APN
MILB M:053 B:0000083 L:
UPID
US38-0350513
Jurisdiction
MILLBURY
Zoning & alternative use
B1 · Millbury, MA
Zoning B1 · permitted uses
B1 · Millbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Jabrol LLC
Entity
Free & Clear · 0 yrs held
Mailing address
497 WHITTEMORE ST, LEICESTER, MA 01524-1837
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
—
Jabrol LLC
Christopher Lizewski
Quitclaim Deed
related
—
Apr 23, 2020
$125,000
Christopher Lizewski
Reliant Mso LLC
Quit Claim Deed
—
Mar 28, 2019
$75,000
Reliant Mso LLC
Snh Medical Office
Quit Claim Deed
—
Aug 13, 2008
$91,948,929
Hegarty,david J Tr
Mob RT
Grant Deed
—
May 15, 1997
$47,750,000
Mob RT
Lakeside Realty Co
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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