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    Property profile & analytics

    119 Patriots Rd Templeton, MA 01468-1589

    • Turn key restaurants
    • 2,032 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Jan 12, 2024
    $475,000
    Location Intelligence
    Property ID
    US38-0157060
    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 119 Patriots Rd

    Year built
    1944
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    2,032 SF
    Property type
    Turn key restaurants
    APN
    TEMP M:01-02 B:00160 L:00000
    APU
    TEMPM0102B00160L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $465,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $485,000
      Mixed-Use
      $420,000
      Hospitality
      $470,000
      Educational
      $490,000
      Residential Income
      $405,000
      Energy
      $395,000
      Income-Based Land
      $400,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Templeton
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0368
    Latitude
    42.5627
    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
    $3,028
    $62,900
    $177,400
    $240,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $325,000
      1,955 SF

      212 Patriots Rd

      RESTAURANT • 1,955 SF
      212 Patriots Rd, Templeton, MA 01468-1625
      View Details
    • Value Estimation
      $495,000
      1,040 SF

      146 Patriots Rd

      RESTAURANT • 1,040 SF
      146 Patriots Rd, Templeton, MA 01468-1585
      View Details
    • Value Estimation
      $235,000
      838 SF

      463 Patriots Rd

      RESTAURANT • 838 SF
      463 Patriots Rd, Templeton, MA 01468-1499
      View Details
    • Value Estimation
      $205,000
      3,024 SF

      136 Patriots Rd

      RESTAURANT • 3,024 SF
      136 Patriots Rd, Templeton, MA 01468-1585
      View Details
    • Value Estimation
      $195,000
      2,010 SF

      712 Patriots Rd

      RESTAURANT • 2,010 SF
      712 Patriots Rd, Templeton, MA 01468-1347
      View Details
    • Value Estimation by Request
      1,519 SF

      368 Patriots Rd

      DEPARTMENT STORE • 1,519 SF
      368 Patriots Rd, Templeton, MA 01468-1530
      View Details

    Similar Nearby for Sale

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      Templeton Land with Otter River Frontage

      Two-acre commercial land with river frontage in Templeton, Massachusetts.
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    • New
      $539,900
      3,280 SF

      Templeton Multifamily Investment Opportunity

      Five-unit multifamily property with income potential in Templeton, Massachusetts.
      133 Patriots Rd, Templeton, MA 01468
      View Details
    • $400,000

      Wooded Land Parcels For Subdivision

      Two wooded parcels ideal for subdivision with three frontage spots.
      Hamlet Ml Rd, Templeton, MA 01468
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    • $125,000
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      High-Visibility Templeton Commercial Space

      Prime Templeton location, high traffic, great exposure.
      131 Patriots Rd, Templeton, MA 01468
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    Templeton, MA 01468-1589
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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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