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    Property profile & analytics

    1428 Water St Fitchburg, MA 01420-7244

    • Investment properties
    • 10,824 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0642844
    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

    • Investment properties

    Property Details for 1428 Water St

    Year built
    1910
    Construction
    FRAME
    Lot size
    0.21 lot acres
    Property size
    10,824 SF
    Zone code
    NB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    FITC M:0183 B:0013 L:0
    APU
    FITCM0183B0013L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7732
    Latitude
    42.5583
    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
    $11,613
    $109,700
    $674,400
    $784,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      144 Lunenburg St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.26 Acres
      144 Lunenburg St, Fitchburg, MA 01420-4669
      View Details
    • Value Estimation
      $245,000
      7,520 SF

      65 Airport Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 7,520 SF
      65 Airport Rd, Fitchburg, MA 01420-8174
      View Details
    • Value Estimation
      $220,000
      1,870 SF

      28 Airport Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,870 SF
      28 Airport Rd, Fitchburg, MA 01420-8113
      View Details
    • Value Estimation
      $245,000
      0.62 Acres

      48 Ashby State Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.62 Acres
      48 Ashby State Rd, Fitchburg, MA 01420-2002
      View Details
    • Value Estimation
      $300,000
      5,625 SF

      316 Clarendon St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,625 SF
      316 Clarendon St, Fitchburg, MA 01420-5120
      View Details
    • Value Estimation
      $265,000
      2,888 SF

      162 Daniels St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,888 SF
      162 Daniels St, Fitchburg, MA 01420-4096
      View Details

    Similar Nearby for Sale

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      Fitchburg Mixed-Use Property with Garage

      Mixed-use property in Fitchburg featuring a garage and ample parking.
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      Fitchburg Commercial Office Space

      2,600+ sq. ft. commercial office in revitalized downtown Fitchburg.
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      Fitchburg Retail/Office Redevelopment Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      2,900 SF

      Retail Space on John Fitch Highway

      Retail suites available in high-traffic Fitchburg location near Route 2.
      353 John Fitch Hwy, Fitchburg, MA 01420
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    • $22 SF/Yr
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      Renovated Medical Office Space Available

      Class A medical office building with ample parking and visibility.
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    • Contact for pricing
      20,736 SF

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    • $20 SF/Yr
      1,865 SF

      Prime Retail Space Available

      Exceptional retail opportunity on the Leominster/Fitchburg line.
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    • $11 SF/Yr

      Historic Storefront in Moran Square

      Storefront in Moran Square with high-visibility location and parking.
      10 Main St, Fitchburg, MA 01420
      View Details
    • $800 /Mo

      Newly Renovated Storefront Opportunity

      Renovated storefront near residential units, highways, and university.
      6 Summer St, Fitchburg, MA 01420
      View Details
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    1428 Water St
    Fitchburg, MA 01420-7244
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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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