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Financial
Distress signals
Property profile

186 Grv St Franklin, MA 02038

OFF-MARKET
Office buildings
Property ID
US38-1355530
3,767 SF 1.88 ac lot Built 1950
Last sale Aug 2025 · $1,075,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years.
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Property summary

AI-generated overview

This exceptional 1.88-acre commercial property at 186 Grove Street, Franklin, MA, presents a remarkable investment opportunity. The professional office building, extensively remodeled in 2020, boasts 25 parking spaces and is ideally situated in a convenient industrial zone, just minutes from I-495. Currently configured as four separate business suites, each with its own distinct character, the building offers significant flexibility for a variety of uses. Four bathrooms cater to the needs of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$1.23M
Assessed land$257k
Assessed improvement$970k
Effective rate1.18%

Value estimate

· Oct 2026
$1.00M
$900k – $1.10M
CAP approach$1.36M
Submarket $/SF estimate$699k

Realmo valuation models over county records and 29 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 351 recorded sales of this use type
Observed band · Q1–Q3$160 – $452
Qualifying comparables29

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.9
HVAC Service10.3
Nail Salon9.6

Location

186 Grv St Franklin, MA 02038-3249
County assessor Recorded deeds · 5 transfers 29 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 Grv, Franklin, MA 02038-3159 $2,550,000 Nov 2023 7,222 SF
12 Washington, Franklin, MA 02038-3019 $449,000 May 2023 1,988 SF
111 Central, Franklin, MA 02038-1437 $325,000 Mar 2022 1,909 SF
51 Central, Franklin, MA 02038-2101 $1,150,000 Sep 2021 4,880 SF
150 Emmons, Franklin, MA 02038-2036 $4,450,000 Mar 2021 9,396 SF
41 Dean, Franklin, MA 02038-1905 $415,000 Oct 2019 1,955 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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