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Property profile & analytics
OFF-MARKET
Estimated value
$4,815,000
Commercial real estate
147 Providence St, Millbury, MA 01527-3921
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1951664
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
7.47 ac (325,393 SF)
APN
MILB M:073 B:0000001 L:
UPID
US38-1951664
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.82M
Owner & transaction history
Mhc 201 Millbury Ma LLC · 3 yrs held
Mhc 201 Millbury Ma LLC
since 2022
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,745,000
ML approach
$4,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.82M
Range $4.33M – $5.30M · ±10% · vs last sale $4.92M (Sep 13 2022)
Last sale anchor
$4.92M
Sep 13 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
—
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
$60,351
Tax year 2024
Assessed value
$4,561,700
Assessed 2024
Previous assessed
$2,624,700
+73.8% YoY
Effective rate
1.32%
On assessed value
Assessed land
$530,900
Assessed improvement
$4,030,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
6
Units
1
Lot
7.47 ac (325,393 SF)
APN
MILB M:073 B:0000001 L:
UPID
US38-1951664
Jurisdiction
MILLBURY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
6
Units
1
Lot
7.47 ac
Current owner
From public records · entity-resolved
Mhc 201 Millbury Ma LLC
Entity
Mailing address
41 FLATBUSH AVE STE 3C, BROOKLYN, NY 11217-1145
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
Sep 4, 2025
—
Mhc 201 Millbury Ma LLC
—
Deed
related
$425,000,000 · Goldman Sachs Bank USA
Sep 14, 2022
—
Mhc 201 Millbury Ma LLC
—
Deed
related
$200,000,000 · Citibank NA
Sep 13, 2022
$4,917,500
Mhc 201 Millbury Ma LLC
Azure&argent LLC
Other
$200,000,000 · Citibank NA
Sep 2, 2021
—
Azure&argent LLC
—
Deed
related
$1,609,000 · Worcester Business Development Corp
Jan 8, 2021
—
Azure&argent LLC
—
Deed
related
$1,585,006 · Live Oak Banking Company
Dec 31, 2020
$2,642,700
Azure & Argent LLC
Millbury Self Storage LLC
Quit Claim Deed
—
Sep 20, 2018
—
Millbury Self Storage
—
Deed
related
$2,700,000 · Millbury Savings Bank
Jun 14, 2018
—
Millbury Self Storage
—
Deed
related
$600,000 · Millbury Savings Bank
Jul 7, 2015
$100,000
Millbury Self Storage
Tpr Homes LLC
Quit Claim Arm's Length For Ne States
$1,650,000 · Millbury Savings Bank
Oct 20, 2006
$1
Benjamin F Miles
Bedermann,richard A
Grant Deed
—
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.
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