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Property profile & analytics
FOR LEASE
Auto shops

161 Main St Milford, MA 01757

36,080 SF 2.75 ac lot Built 1960
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-1286635
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1960
Construction STEEL FRAME
Total area 36,080 SF
Lot 2.75 ac (119,790 SF)
Zoning code CC
APN MILF M:42 B:000 L:334
UPID US38-1286635
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
  • AutoZone Auto Parts Auto Parts Store
  • Cans And Bottles Redemption Center Recycling Center
  • Big Y Bakery Bakery Specialty Food Shop
  • Big Y Deli Food Market Restaurant
  • Dollar general 1 Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.77M
Blend (final) Blend
$3.80M
Owner & transaction history
161 East Main Realty LLC · 1 yrs held
161 East Main Realty LLC
since 2024
Last sale
$3.8M
7 recorded transactions
2024
$3.8M
2024
$950,000
2020
Price N/A
2016
Price N/A
2008
$240,643
2006
$2.3M
2003
Price N/A
Zoning & alternative use
CC · Milford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ACTIVITY OR USE RA RB RC RD OR BP CA CB CC IA IB IC RECREATIONAL USES Camping, commercial O O O O O O O O O O O O Camping, supervised O A A A O O O O O O O O Commercial recreation/ Indoor l O O O O O O P P P P P P Commercial recreation/ Outdoor l O O O O O O O O P O O O Games of Chance 16 O O O O O O O O O O O O Golf Course l P P P P O P O P P P P P Public S…

Zone name Highway Commercial C
General category COMMERCIAL
Zone area 202.34 ac
Source Zoning By laws PDF
Top alternative use upside
Retail stores $5.7M +2.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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