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    Property profile & analytics

    160 Central St Franklin, MA 02038-1400

    • Retail space
    • 14,466 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimation
    $8,560,000
    Last Sale
    Dec 13, 2022
    $7,925,000
    Location Intelligence
    Property ID
    US38-0150594
    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

    • Walgreens / Stationery Store / Drug Store
    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • Walgreens Pharmacy / Pharmacy
    • COVID-19 Drive-thru Testing at Walgreens / Pharmacy
    • FedEx OnSite / Mailing Service

    Property Details for 160 Central St

    Year built
    2010
    Construction
    STEEL FRAME
    Lot size
    1.59 lot acres
    Property size
    14,466 SF
    Property type
    Retail space
    APN
    FRAN M:286 L:024
    APU
    FRANM286L024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,635,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,245,000
      6.5%
      $8,600,000
      7%
      $7,150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,150,000
      Geo Method
      $8,585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,825,000
      Retail
      $8,070,000
      Mixed-Use
      $7,555,000
      Hospitality
      $8,110,000
      Educational
      $8,035,000
      Residential Income
      $6,780,000
      Energy
      $7,150,000
      Income-Based Land
      $7,150,000
      Food Service
      $8,925,000

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.3905
    Latitude
    42.0804
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $64,063
    $779,700
    $4,654,000
    $5,433,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,070 SF

      648 Old W Central St

      RETAIL STORES (PERSONAL SERVICES) • 9,070 SF
      648 Old W Central St, Franklin, MA 02038-3826
      View Details
    • Value Estimation
      $475,000
      5,432 SF

      138 Central St

      RETAIL STORES (PERSONAL SERVICES) • 5,432 SF
      138 Central St, Franklin, MA 02038-1463
      View Details
    • Value Estimation
      $405,000
      5,460 SF

      19 Dean Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,460 SF
      19 Dean Ave, Franklin, MA 02038-1947
      View Details
    • Value Estimation
      $270,000
      600 SF

      357 Un St

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      357 Un St, Franklin, MA 02038-2437
      View Details
    • Value Estimation
      $535,000
      12,876 SF

      34 Main St, Unit 40

      RETAIL STORES (PERSONAL SERVICES) • 12,876 SF
      34 Main St, Franklin, MA 02038-1917
      View Details
    • Value Estimation by Request
      10,113 SF

      272 Central St

      RETAIL STORES (PERSONAL SERVICES) • 10,113 SF
      272 Central St, Franklin, MA 02038-1319
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Mixed-Use Building with Income Potential

      Three-story mixed-use building with six units and upside potential.
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      Franklin Mixed-Use Investment

      Five-unit building, prime Franklin location.
      15 Central St, Franklin, MA 02038
      View Details
    • Contact for pricing
      6,900 SF

      Franklin Office Building Investment Opportunity

      Fully leased office building near I-495 and Dean College.
      55 W Central St, Franklin, MA 02038
      View Details
    • $1,150,000

      Franklin Multifamily Investment Opportunity

      Well-maintained 5-unit building in prime Franklin location.
      159 E Central St, Franklin, MA 02038
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      Well-Maintained Multi-Family Home

      Multi-family home in Franklin, ideal for investors or owner-occupants.
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    Similar Nearby for Lease

    • $18 SF/Yr
      1,872 SF

      Downtown Franklin Retail/Office Space

      Prime retail or office space with excellent visibility and patio.
      9 Summer St, Franklin, MA 02038
      View Details
    • $18 SF/Yr
      3,500 SF

      Retail Space in Franklin, MA

      Retail space available for lease in Franklin, Massachusetts.
      13 Main St, Franklin, MA 02038
      View Details
    • Contact for pricing
      2,488 SF

      Retail/Office Space Near I-495

      Highly visible retail/office space with high traffic volume.
      470 King St, Franklin, MA 02038
      View Details
    • $1,600 /Mo
      200 SF

      Prime ATM Space Available

      High-visibility ATM space in a thriving retail area.
      435 W Central St, Franklin, MA 02038
      View Details
    • New
      $17 SF/Yr
      850 SF

      Downtown Retail/Office Space Available

      895 SF retail or office space in central business district.
      16 Cottage St, Franklin, MA 02038
      View Details
    • Contact for pricing
      175,000 SF

      Franklin Retail Plaza Opportunity

      Grocery-anchored retail space available in Franklin, MA
      303 Central St, Franklin, MA 02038
      View Details

    Property Visit Statistics

    • Visits by month
      7.3k
    • Visitors by month
      5.0k
    • Avg Time on site
      10 min
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    160 Central St
    Franklin, MA 02038-1400
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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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