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    Property profile & analytics

    222 Ss St Fitchburg, MA 01420-7939

    • Assisted living facilities
    • 6,115 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $805,000
    Last Sale
    Feb 07, 2023
    $877,500
    Location Intelligence
    Property ID
    US38-1508448
    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

    • Penny Lane / Assisted Living Facility

    Property Details for 222 Ss St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.42 lot acres
    Property size
    6,115 SF
    Zone code
    RB
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    FITC M:0094 B:0021 L:0
    APU
    FITCM0094B0021L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $790,000
      6.5%
      $925,000
      7%
      $815,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,000,000
      Geo Method
      $900,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $955,000
      Retail
      $835,000
      Mixed-Use
      $905,000
      Hospitality
      $910,000
      Educational
      $925,000
      Residential Income
      $850,000
      Energy
      $750,000
      Income-Based Land
      $910,000
      Food Service
      $835,000

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.799
    Latitude
    42.5748
    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
    $6,231
    $100,600
    $320,100
    $420,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      50,982 SF

      1199 John Fitch Hwy

      HOMES (RETIRED, NURSING) • 50,982 SF
      1199 John Fitch Hwy, Fitchburg, MA 01420-2026
      View Details
    • Value Estimation
      $340,000
      6,225 SF

      10 Prospect St

      HOMES (RETIRED, NURSING) • 6,225 SF
      10 Prospect St, Fitchburg, MA 01420-2235
      View Details
    • Value Estimation by Request
      71,432 SF

      335 Nichols Rd

      HOMES (RETIRED, NURSING) • 71,432 SF
      335 Nichols Rd, Fitchburg, MA 01420-1932
      View Details
    • Value Estimation by Request
      4,960 SF

      26 Whalon St

      MEDICAL BUILDING • 4,960 SF
      26 Whalon St, Fitchburg, MA 01420-7138
      View Details
    • Value Estimation by Request
      5,068 SF

      64 Whalon St

      MEDICAL BUILDING • 5,068 SF
      64 Whalon St, Fitchburg, MA 01420-7138
      View Details
    • Value Estimation
      $395,000
      4,464 SF

      19 Pierce Ave

      MEDICAL BUILDING • 4,464 SF
      19 Pierce Ave, Fitchburg, MA 01420-7160
      View Details

    Similar Nearby for Sale

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      Three-parcel investment opportunity near Route 2 with commercial building.
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    • $3,050,000

      Retail Property in Fitchburg, MA

      Retail property available for sale in Fitchburg, Massachusetts.
      50 Whalon St, Fitchburg, MA 01420
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space with Drive-Thru Potential

      Anchor space and proposed drive-thru pad site available for lease.
      Fitchburg, MA 01420
      View Details
    • $16 SF/Yr
      5,500 SF

      Fitchburg Retail/Office Space Available

      Retail/office space with prominent frontage and ample parking.
      265 Summer St, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      169,443 SF

      Fitchburg Retail Space For Rent

      Retail suites available in high-traffic Fitchburg location.
      353-385 John Fitch Hwy, Fitchburg, MA 01420
      View Details
    • $600 /Mo

      Fitchburg Office Space for Rent

      Professional office building, suitable for various small businesses.
      76 Summer St, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      98,000 SF

      Fitchburg Industrial Building Sublease

      98,000 SF industrial building available for sublease through 2027.
      135 Intervale Rd, Fitchburg, MA 01420
      View Details
    • $14 SF/Yr

      Parkhill Plaza Office/Retail Space

      Office/Retail space for lease in a busy plaza.
      491 Electric Ave, Fitchburg, MA 01420
      View Details
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    222 Ss St
    Fitchburg, MA 01420-7939
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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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