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Property profile & analytics
OFF-MARKET
Estimated value
$9,455,000
Commercial real estate
220 Fortune Blvd 230, Milford, MA 01757-1743
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-0405254
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
16.43 ac (715,517 SF)
Zoning code
IB
APN
MILF M:28 B:098 L:30
UPID
US38-0405254
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
-
Staples Print & Marketing Services (Bike/Boat/Book/etc) Store Printing Service
-
UPS Alliance Shipping Partner Courier Service Postal Service
-
Baystate Marketing Advertising Agency Marketing & Advertising
-
CJ Junk Removal Waste Management Facility Hazardous Waste Disposal
-
Staples Tech Services Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.46M
Owner & transaction history
Quarry Place Three LLC · 2 yrs held
Quarry Place Three LLC
since 2023
Last sale
$10.3M
3 recorded transactions
Zoning & alternative use
IB · Milford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,005,000
ML approach
$8,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.46M
Range $8.51M – $10.40M · ±10% · vs last sale $10.25M (Aug 11 2023)
Last sale anchor
$10.25M
Aug 11 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$401,263
Tax year 2020
Assessed value
$10,120,200
Assessed 2024
Previous assessed
$10,120,200
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$3,840,400
Assessed improvement
$6,279,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
3
Units
5
Lot
16.43 ac (715,517 SF)
Zoning code
IB
APN
MILF M:28 B:098 L:30
UPID
US38-0405254
Jurisdiction
MILFORD
Zoning & alternative use
IB · Milford, MA
Zoning IB · permitted uses
IB · Milford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Units
5
Lot
16.43 ac
Current owner
From public records · entity-resolved
Quarry Place Three LLC
Entity
Free & Clear · 2 yrs held
Mailing address
220 FORTUNE BLVD #230, MILFORD, MA 01757-1743
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
—
Quarry Place Three LLC
—
Deed
related
$10,000,000 · Webster Five Cents Savings Bank
Aug 11, 2023
$10,250,000
Quarry Place Three LLC
Granite Park Retail LLC
Quit Claim Arm's Length For Ne States
—
Jun 13, 2006
$2,596,625
Granite Park Retail Ll
Bms Dev INC
Deed
$21,550,000 · Td Banknorth Mortgage Group
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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