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    Property profile & analytics

    115 Broad St Bridgewater, MA 02324-1746

    • Turn key restaurants
    • 2,866 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $1,600,000
    Last Sale
    May 02, 2022
    $1,800,000
    Location Intelligence
    Property ID
    US38-0547993
    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

    • Turn key restaurants

    Property Details for 115 Broad St

    Year built
    1928
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.98 lot acres
    Property size
    2,866 SF
    Property type
    Turn key restaurants
    APN
    BRID M:021 L:193
    APU
    BRIDM021L193

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,745,000
      6.5%
      $1,895,000
      7%
      $1,745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,615,000
      Geo Method
      $1,665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,085,000
      Retail
      $1,830,000
      Mixed-Use
      $1,670,000
      Hospitality
      $1,955,000
      Educational
      $1,710,000
      Residential Income
      $1,540,000
      Energy
      $2,045,000
      Income-Based Land
      $1,705,000
      Food Service
      $2,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Bridgewater
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9739
    Latitude
    41.9932
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $19,832
    $276,100
    $1,357,500
    $1,633,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,012 SF

      233 Broad St

      RESTAURANT • 3,012 SF
      233 Broad St, Bridgewater, MA 02324-1786
      View Details
    • Value Estimation by Request
      2,506 SF

      39 Broad St

      RESTAURANT • 2,506 SF
      39 Broad St, Bridgewater, MA 02324-1747
      View Details
    • Value Estimation by Request
      1,944 SF

      171 Broad St

      RESTAURANT • 1,944 SF
      171 Broad St, Bridgewater, MA 02324-1768
      View Details
    • Value Estimation by Request
      7,324 SF

      2105 Old Plymouth St

      RESTAURANT • 7,324 SF
      2105 Old Plymouth St, Bridgewater, MA 02324-7437
      View Details
    • Value Estimation by Request
      3,322 SF

      288 Broad St

      RESTAURANT • 3,322 SF
      288 Broad St, Bridgewater, MA 02324-1734
      View Details
    • Value Estimation by Request
      4,521 SF

      1420 Pleasant St

      RESTAURANT • 4,521 SF
      1420 Pleasant St, Bridgewater, MA 02324-1029
      View Details

    Similar Nearby for Sale

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      Restaurant Opportunity Near Bridgewater State

      Fully equipped restaurant space near Bridgewater State University.
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      Pending

      Mixed-Use Property in Bridgewater, MA

      Mixed-use property with restaurant and apartment near Bridgewater State University.
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      5,160 SF

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      Industrial and retail space on a 0.31-acre lot.
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      Profitable auto dealership with high visibility and growth potential.
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      Well-maintained multi-unit property with updates and a large barn.
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    Similar Nearby for Lease

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    • $500 /Mo

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    • $15 SF/Yr
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      Bridgewater Industrial Space For Lease

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    • $15 SF/Yr
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    • Contact for pricing
      10,000 SF

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    115 Broad St
    Bridgewater, MA 02324-1746
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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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