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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Investment properties
15 Lunenburg St 25, Fitchburg, MA 01420-7808
Individually Owned
3-yr Hold
Property ID
US38-1729660
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
FRAME
Total area
13,017 SF
Lot
0.23 ac (10,231 SF)
Zoning code
DB
APN
FITC M:0057 B:0016 L:0
UPID
US38-1729660
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
$1.10M
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.56M
Owner & transaction history
15-25 Lunenburg Street RT · 3 yrs held
15-25 Lunenburg Street RT
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
DB · Fitchburg, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+181.3%
Auto repair, garage
$1.9M
+116.1%
Neighborhood: shopping center
$1.6M
+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
$1,110,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
$1,955,000
6.5%
$1,805,000
7%
$1,675,000
Alternative Use
Use
Estimation
RESTAURANT
$2,455,000
Change: +181% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,885,000
Change: +116% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,645,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$1,600,000
Change: +84% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,560,000
Change: +79% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,305,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$1,185,000
Change: +36% · Conversion: Easy
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10% · vs last sale $1.73M (Dec 29 2025)
Last sale anchor
$1.73M
Dec 29 2025
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
$119 / 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
$16,056
Tax year 2024
Assessed value
$1,084,100
Assessed 2024
Previous assessed
$921,700
+17.6% YoY
Effective rate
1.48%
On assessed value
Assessed land
$312,000
Assessed improvement
$772,100
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
1920
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
3
Units
11
Rooms
37
Bathrooms
14
Total area
13,017 SF
Lot
0.23 ac (10,231 SF)
Zoning code
DB
APN
FITC M:0057 B:0016 L:0
UPID
US38-1729660
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
$2.5M
AUTO REPAIR, GARAGE
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
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
1920
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
3
Buildings
1
Units
11
Rooms
37
Bathrooms
14
Lot
0.23 ac
Current owner
From public records · entity-resolved
15-25 Lunenburg Street RT
Individual
Mailing address
15 LUNENBURG ST #25, FITCHBURG, MA 01420-7808
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
$1,400,000
15-25 Lunenburg Street RT
15-25 Lunenburg St LLC
Quit Claim Arm's Length For Ne States
$1,050,000 · Eastern Bank
Jul 27, 2021
$995,000
15-25 Lunenburg St LLC
Tradewinds Newport LLC
Quit Claim Arm's Length For Ne States
$746,250 · Eastern Bank
Oct 17, 2014
—
Tradewinds Newport LLC
Gapco LLC
Quit Claim Deed
related
—
Jan 10, 2014
—
Gapco LLC
—
Grant Deed
related
$650,000 · Sage Cap Bk NA
Jul 22, 2013
$295,000
Gapco LLC
J&s RT
Quit Claim Deed
—
Dec 7, 1993
$110,000
J
Gfw Limited Ptnrship
Grant Deed
—
Apr 27, 1992
$125,000
Gfw Ltd Ptnrship
G & C Investment
Grant Deed
—
Apr 15, 1988
—
15-25 Lunenburg RT
—
Deed Of Trust
related
$450,000 · Mortgage Investment
Aug 12, 1987
—
1525 Lunenburg RT
—
Deed Of Trust
related
$120,000 · Zuckerman Family Nomi
Apr 13, 1987
—
15-25 Lunenburg R Tr
—
Deed Of Trust
related
$680,000 · Metrowest Bank
Apr 2, 1987
—
1525 Lunenburg Rlty Tr
—
Deed Of Trust
related
$450,000 · Metrowest Bank
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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