Technical
Financial
Distress signals
Property profile

221 Main St Milford, MA 01757

OFF-MARKET
Industrial properties
Property ID
US38-1556801
13,794 SF 1.64 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1987
Construction STEEL FRAME
Total area 13,794 SF
Lot 1.64 ac (71,582 SF)
Zoning code IC
APN MILF M:32 B:000 L:5
UPID US38-1556801

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Physician
  • Consultant
  • Physician
  • Law Firm

Location

221 Main St Milford, MA 01757-2825
Milford metro Census 744202 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.92M
Comparable Approach Comparable
$2.37M
Blend (final) Blend
$1.92M

Owner & transaction history

Zoning & alternative use

IC · Milford, MA
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 Commer…

General category INDUSTRIAL
Top alternative use upside
Restaurant $2.6M +54.5%
Retail stores $2.2M +28.5%
Auto repair, garage $2.1M +25.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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