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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Investment properties
15 Lunenburg St Fitchburg, MA 01420-7808
Individually Owned
~
Est. High Equity
Property ID
US38-0600847
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
18,858 SF
Lot
0.28 ac (12,222 SF)
Zoning code
DB
APN
FITC M:0056 B:0013 L:0
UPID
US38-0600847
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
-
Boss Pizza and Wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.41M
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.58M
Owner & transaction history
Haaim Toveem Prperties Ll
Haaim Toveem Prperties Ll
since 2025
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
DB · Fitchburg, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+181.3%
Auto repair, garage
$2.7M
+116.1%
Neighborhood: shopping center
$2.4M
+88.3%
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 Fitchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fitchburg 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
$2,415,000
ML approach
$2,405,000
CAP Approach
CAP Return
Estimation
6%
$2,835,000
6.5%
$2,615,000
7%
$2,430,000
Alternative Use
Use
Estimation
RESTAURANT
$3,555,000
Change: +181% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,730,000
Change: +116% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,380,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$2,320,000
Change: +84% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,265,000
Change: +79% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,890,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$1,715,000
Change: +36% · Conversion: Easy
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±10% · vs last sale $2.60M (Mar 25 2021)
Last sale anchor
$2.60M
Mar 25 2021
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
$137 / SF
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
$20,878
Tax year 2024
Assessed value
$1,409,700
Assessed 2024
Previous assessed
$1,320,800
+6.7% YoY
Effective rate
1.48%
On assessed value
Assessed land
$360,000
Assessed improvement
$1,049,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
15
Rooms
51
Bathrooms
25
Total area
18,858 SF
Lot
0.28 ac (12,222 SF)
Zoning code
DB
APN
FITC M:0056 B:0013 L:0
UPID
US38-0600847
Jurisdiction
FITCHBURG
Zoning & alternative use
DB · Fitchburg, MA
Zoning DB · permitted uses
DB · Fitchburg, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fitchburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
15
Rooms
51
Bathrooms
25
Lot
0.28 ac
Current owner
From public records · entity-resolved
Haaim Toveem Prperties Ll
Individual
Mailing address
PO BOX 1164, BURLINGTON, MA 01803-6164
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$1,730,000
Haaim Toveem Prperties Ll
15-25 Lunenburg Street RT
Deed
$1,297,500 · Eastern Bank
Nov 18, 2022
$1,400,000
15-25 Lunenburg Street RT
15-25 Lunenburg St LLC
Deed
$1,050,000 · Eastern Bank
Sep 26, 2022
—
M Jemms Fitchburg I LLC
—
Deed
related
$2,675,000 · Clinton Savings Bank
Jul 27, 2021
$995,000
15-25 Lunenburg St LLC
Tradewinds Newport LLC
Deed
$746,250 · Eastern Bank
Mar 25, 2021
$2,600,000
M Jemms Fitchburg 1 LLC
Moran Sq Realty Co INC
Quit Claim Arm's Length For Ne States
$1,100,000 · V3 Ventures
Mar 25, 2021
—
M Jemms Fitchburg 1 LLC
—
Deed
related
$500,000 · David Khani
Oct 1, 1996
—
Moran Square Realty
—
Deed Of Trust
related
$30,000 · Enterprise Bank & Trust
Feb 22, 1996
—
Moran Square Realty
—
Deed Of Trust
related
$225,000 · Enterprise Bank & Trust
Aug 15, 1995
—
Moran Square Rlty Co
—
Deed Of Trust
related
$35,000 · Bankboston Development Co LLC
Dec 6, 1994
—
Moran Square Realty Co
—
Deed Of Trust
related
$200,000 · Bankboston Development Co LLC
Dec 2, 1993
$200,000
Moran Square Rlty
Sl Properties Ltd
Grant Deed
$160,000 · Wmc Mortgage Corp
Apr 27, 1992
$200,000
Sl Properties Ltd
G&c Investment Corp
Grant Deed
—
Jan 11, 1991
$521,000
G & C Investment Corp
1525 Lunen RT
Grant Deed
$521,000 · Mortgage Investment
Jan 11, 1991
$922,000
G & C Investment Corp
1-7 Lunen Et
Grant Deed
$922,000 · Mortgage Investment
Oct 12, 1988
—
1 2 Lune R T 1-7
—
Deed Of Trust
related
$6,500,000 · Mortgage Investment
Apr 15, 1988
—
1-7 1/2 Lunenburg RT
—
Deed Of Trust
related
$680,000 · Mortgage Investment
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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