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    Property profile & analytics

    116 Main St Millbury, MA 01527-2021

    • Office buildings
    • 3,919 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Feb 18, 2021
    Location Intelligence
    Property ID
    US38-1810758
    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

    • Millbury Family Dentistry / Dentist

    Property Details for 116 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.21 lot acres
    Property size
    3,919 SF
    Zone code
    RO
    Property type
    Office buildings
    APN
    MILB M:045 B:0000069 L:
    APU
    MILBM045B0000069L

    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
    -71.7644
    Latitude
    42.1977
    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
    $5,582
    $71,500
    $350,400
    $421,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $295,000
      1,954 SF

      30 Grafton St

      OFFICE BUILDING • 1,954 SF
      30 Grafton St, Millbury, MA 01527-3918
      View Details
    • Value Estimation
      $340,000
      3,072 SF

      112 Elm St

      OFFICE BUILDING • 3,072 SF
      112 Elm St, Millbury, MA 01527-2602
      View Details
    • Value Estimation
      $315,000
      2,976 SF

      145 Providence St

      OFFICE BUILDING • 2,976 SF
      145 Providence St, Millbury, MA 01527-3921
      View Details
    • Value Estimation by Request
      480 SF

      7 Church St

      OFFICE BUILDING • 480 SF
      7 Church St, Millbury, MA 01527-3134
      View Details
    • Value Estimation
      $350,000
      2,657 SF

      37 Main St

      OFFICE BUILDING • 2,657 SF
      37 Main St, Millbury, MA 01527-3113
      View Details
    • Value Estimation
      $270,000
      2,126 SF

      18 Canal St

      OFFICE BUILDING • 2,126 SF
      18 Canal St, Millbury, MA 01527-3207
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Well-Maintained Duplex with Rental Income

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

    • 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
    • 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
    • $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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    116 Main St
    Millbury, MA 01527-2021
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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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