Property profile

247 Central St Franklin, MA 02038

OFF-MARKET
Retail space
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Property ID
US38-0738823
3,536 SF 0.11 ac Built 1950
Last sale Sep 2013·$103,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A commercial office space of approximately 226 square feet is located within a multi-tenant building in Franklin, Massachusetts, on the left side of the property. The suite is configured as a single-room office and is positioned for visibility near a shopping center. The space is zoned for commercial use and is suited for small business occupancy, including sole-proprietor operations. Tenant responsibilities include electric heat controlled by a unit, signage, cable, permits, shared electricity…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$549k
Assessed land$208k
Assessed improvement$341k
Effective rate1.18%

Value estimate

· Nov 2026
$350k
$315k – $385k
AI approach$350k
Submarket $/SF estimate$769k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$159 – $441
Qualifying comparables6

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.8
Building Supply10.8
Daycare Center10.8

Location

247 Central St Franklin, MA 02038-1397
County assessor Recorded deeds · 2 transfers 6 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
517 Lincoln, Franklin, MA 02038 $5,000 Jul 2024 4,260 SF
49 Main, Franklin, MA 02038-1932 $528,000 Jun 2024 2,542 SF
519 Beaver, Franklin, MA 02038-3038 $300,000 Mar 2022 5,000 SF
138 Central, Franklin, MA 02038-1463 $465,000 Jan 2022 5,432 SF
28 Main, Franklin, MA 02038 $1,040,000 Jun 2021 5,206 SF
231 Central, Franklin, MA 02038-1315 $1,504,000 Dec 2020 2,430 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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