New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Showrooms
110 Elm St, Millbury, MA 01527-2641
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1534175
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,000 SF
Lot
0.18 ac (7,841 SF)
Zoning code
B1
APN
MILB M:053 B:0000082 L:
UPID
US38-1534175
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
-
Richer Steven P CPA Tax Preparation
-
9Round Kickboxing Fitness Gym & Fitness Center
-
Comolli Construction, Comolli Professional Builders Construction Company General Contractor
-
Foodworks Restaurant
-
Orcyzk Susan Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$1.67M
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.30M
Owner & transaction history
D&b Re Holdings LLC · 4 yrs held
D&b Re Holdings LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
B1 · Millbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+42.6%
Auto repair, garage
$1.8M
+39.4%
Office building
$1.6M
+23.6%
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
Method
Estimation
Statistic approach
$1,270,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,805,000
6.5%
$1,665,000
7%
$1,545,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,320,000
Current use
RETAIL STORES
$1,885,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,840,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$1,630,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,515,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,440,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,205,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.32M (Feb 14 2022)
Last sale anchor
$1.32M
Feb 14 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
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
$15,533
Tax year 2024
Assessed value
$1,174,100
Assessed 2024
Previous assessed
$1,227,500
-4.4% YoY
Effective rate
1.32%
On assessed value
Assessed land
$170,200
Assessed improvement
$1,003,900
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
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
14
Total area
12,000 SF
Lot
0.18 ac (7,841 SF)
Zoning code
B1
APN
MILB M:053 B:0000082 L:
UPID
US38-1534175
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
14
Lot
0.18 ac
Current owner
From public records · entity-resolved
D&b Re Holdings LLC
Entity
Mailing address
88 PROVIDENCE ST, WORCESTER, MA 01604-6049
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
—
D&b Re Holdings LLC
—
Deed
related
$816,000 · Td Bank NA
Feb 14, 2022
—
D&b Re Holdings LLC
Tam H Nguyen
Quit Claim Deed
related
$816,000 · Td Bank NA
May 31, 2019
$1,315,000
Dung K Do
Barry R Lundgren
Quit Claim Arm's Length For Ne States
$625,000 · United Bank
May 31, 2019
—
Barry R Lundgren
Singletary Props LLC
Quit Claim Deed
related
$300,000 · United Bank
Feb 3, 2017
—
Singletary Properties
—
Deed
related
$15,000 · Millbury Savings Bank
Apr 8, 2016
$1,075,000
Singletary Properties
Riverview RT
Quit Claim Arm's Length For Ne States
$860,000 · Millbury Savings Bank
Jul 2, 1998
—
Riverview RT
—
Deed Of Trust
related
$416,600 · First Massachusetts Bank
Mar 21, 1991
$700,000
Riverview RT
Wilczynski,michael H
Grant Deed
$500,000 · Millbury Savings Bank
Mar 21, 1991
—
Riverview RT
—
Deed Of Trust
related
$77,300 · Zenon Grzybowski
Jan 23, 1989
—
Robert Ricker
—
Deed Of Trust
related
$500,000 · Millbury Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 110 Elm St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
