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    Property profile & analytics
    OFF-MARKET Estimated value $635,000
    Commercial land

    190 Main St, Milford, MA 01757-2808

    2,304 SF 2.9 ac lot Built 1850
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US38-0604583
    Property summary
    AI-generated overview

    This exceptional 8.57-acre parcel, located at 190 East Main Street in Milford, Massachusetts, presents a unique investment opportunity. Situated at the high-traffic intersection of Route 16 and Route 109 in Worcester County, this 366,427 square foot lot is zoned for mixed-use development, offering unparalleled flexibility for a diverse range of projects. Imagine the possibilities: retail spaces catering to the bustling community, inviting restaurants drawing in customers from the busy thoroughfares, modern office spaces, or residential units meeting the area's housing demands. The property's high visibility and strategic location ensure maximum exposure and potential for significant returns. This is a prime location for a 40B development. The property is being offered via a sealed bid process with bids accepted until mid-February. The seller reserves the right to accept or reject any and all offers. This is a rare chance to acquire a substantial parcel in a thriving Massachusetts town, poised for significant growth and development. Don't miss this opportunity to shape the future of Milford. The property's address is 190 E Main St, Milford, MA 01757.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1850
    Construction WOOD FRAME
    Total area 2,304 SF
    Lot 2.9 ac (126,324 SF)
    Zoning code CB
    APN MILF M:33 B:000 L:11
    UPID US38-0604583
    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
    • Milford Assembly of God Church Church
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $590k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $396k
    Blend (final) Blend
    $635k
    Owner & transaction history
    Darn Properties LLC · 4 yrs held
    Darn Properties LLC
    since 2021
    Last sale
    $650,000
    4 recorded transactions
    2021
    $650,000
    2015
    2008
    $1
    2003
    $350,000
    Zoning & alternative use
    CB · Milford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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