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    Property profile & analytics

    163 Main St Milford, MA 01757-2610

    • Turn key restaurants
    • 3,458 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $935,000
    Last Sale
    Aug 27, 2024
    $950,000
    Location Intelligence
    Property ID
    US38-0567374
    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

    • Cafeteria and Restaurante de Dona Blanquita / Restaurant
    • Dona Blanquita Restaurant / Restaurant

    Property Details for 163 Main St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    3,458 SF
    Zone code
    CA
    Property type
    Turn key restaurants
    APN
    MILF M:48 B:000 L:588C
    APU
    MILFM48B000L588C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $905,000
      6.5%
      $940,000
      7%
      $790,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $815,000
      Geo Method
      $995,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $845,000
      Retail
      $755,000
      Mixed-Use
      $755,000
      Hospitality
      $965,000
      Educational
      $885,000
      Residential Income
      $925,000
      Energy
      $985,000
      Income-Based Land
      $885,000
      Food Service
      $930,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5202
    Latitude
    42.1411
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT 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
    $7,268
    $110,500
    $191,200
    $301,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $935,000
      20,130 SF

      223 Main St

      RESTAURANT • 20,130 SF
      223 Main St, Milford, MA 01757
      View Details
    • Value Estimation
      $1,050,000
      2,719 SF

      55 Medway Rd

      RESTAURANT • 2,719 SF
      55 Medway Rd, Milford, MA 01757-2901
      View Details
    • Value Estimation
      $235,000
      1,960 SF

      112 Main St

      RESTAURANT • 1,960 SF
      112 Main St, Milford, MA 01757-2601
      View Details
    • Value Estimation by Request
      7,202 SF

      229 12th E Main St

      RESTAURANT • 7,202 SF
      229 12th E Main St, Milford, MA 01757-2807
      View Details
    • Value Estimation by Request
      2,668 SF

      190 Ww St

      RESTAURANT • 2,668 SF
      190 Ww St, Milford, MA 01757-2239
      View Details
    • Value Estimation
      $1,385,000
      5,005 SF

      143 Central St

      RESTAURANT • 5,005 SF
      143 Central St, Milford, MA 01757-3317
      View Details

    Similar Nearby for Sale

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      Retail Storefront in Downtown Milford

      400 SF retail/office space in downtown Milford, Massachusetts.
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    Similar Nearby for Lease

    • $2,750 /Mo

      Retail Space in High-Traffic Location

      Retail space suitable for restaurant or cafe in Milford, MA.
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      Built-to-suit retail opportunity in a high-traffic Milford plaza.
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      Prime Milford, MA retail space available.
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      Prime Milford Retail Space

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      View Details
    • Contact for pricing
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      Milford Retail/Office Space for Lease

      Retail and office space with high visibility and ample parking.
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      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Milford Plaza

      Retail space available in updated Milford Plaza shopping center.
      91 Medway Rd, Milford, MA 01757
      View Details
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    163 Main St
    Milford, MA 01757-2610
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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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