Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    251 Authority Dr Fitchburg, MA 01420-6044

    • Manufacturing properties
    • 85,570 SF
    • 5.98 lot acres
    OFF-MARKET
    Value Estimation
    $4,705,000
    Last Sale
    Aug 20, 2021
    $4,618,000
    Location Intelligence
    Property ID
    US38-0492915
    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

    • Boutwell Owens / Packaging Supply Store / Print Shop

    Property Details for 251 Authority Dr

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    5.98 lot acres
    Property size
    85,570 SF
    Zone code
    I
    Property type
    Manufacturing properties
    APN
    FITC M:118R B:0003 L:D
    APU
    FITCM118RB0003LD

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,630,000
      6.5%
      $4,300,000
      7%
      $4,710,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,490,000
      Geo Method
      $5,485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,700,000
      Retail
      $5,220,000
      Mixed-Use
      $4,320,000
      Hospitality
      $4,550,000
      Educational
      $4,775,000
      Residential Income
      $5,135,000
      Energy
      $4,280,000
      Income-Based Land
      $5,105,000
      Food Service
      $4,700,000

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8547
    Latitude
    42.5524
    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
    $57,008
    $456,200
    $3,393,100
    $3,849,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      63,440 SF

      225 Industrial Rd

      MANUFACTURING (LIGHT) • 63,440 SF
      225 Industrial Rd, Fitchburg, MA 01420-4655
      View Details
    • Value Estimation
      $730,000
      10,000 SF

      830 Westminster St

      MANUFACTURING (LIGHT) • 10,000 SF
      830 Westminster St, Fitchburg, MA 01420-4647
      View Details
    • Value Estimation by Request
      23,556 SF

      119 Authority Dr

      MANUFACTURING (LIGHT) • 23,556 SF
      119 Authority Dr, Fitchburg, MA 01420-6043
      View Details
    • Value Estimation
      $180,000
      122,938 SF

      12 Baltic Ln

      MANUFACTURING (LIGHT) • 122,938 SF
      12 Baltic Ln, Fitchburg, MA 01420-2800
      View Details
    • Value Estimation by Request
      13,444 SF

      49 Cobbler Dr

      MANUFACTURING (LIGHT) • 13,444 SF
      49 Cobbler Dr, Fitchburg, MA 01420-6531
      View Details
    • Value Estimation by Request
      31,040 SF

      117 Industrial Rd

      MANUFACTURING (LIGHT) • 31,040 SF
      117 Industrial Rd, Fitchburg, MA 01420-4654
      View Details

    Similar Nearby for Sale

    • $1,500,000
      21,248 SF

      Fitchburg Manufacturing and Office Space

      Versatile property with manufacturing, office space, and development potential.
      601 River St, Fitchburg, MA 01420
      View Details
    • $1,100,000

      Versatile Industrial Property For Sale

      Industrial property with two buildings, ideal for manufacturing or warehousing.
      75 Walnut St, Fitchburg, MA 01420
      View Details
    • $700,000

      Redevelopment Opportunity: Former Tire Warehouse

      Warehouse on large lot suitable for redevelopment with parking.
      212 Bemis St, Fitchburg, MA 01420
      View Details
    • $750,000

      Refrigerated Warehouse for Distribution

      8,500 SF refrigerated warehouse suitable for food distribution.
      85-87 Water St, Fitchburg, MA 01420
      View Details
    • $399,900

      Fitchburg Warehouse with Office Space

      Well-maintained warehouse with office space, suitable for various business uses.
      363 Lunenburg St, Fitchburg, MA 01420
      View Details
    • $1,800,000
      3,240 SF

      Fitchburg Auto Repair Shop

      Thriving Business & Real Estate
      1298 Water St, Fitchburg, MA 01420
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      146,000 SF

      Fitchburg Cultivation Facility or Flex

      146,000 SF facility suitable for cultivation, industrial, or manufacturing.
      1 Oak Hill Rd, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      367,000 SF

      Fitchburg Industrial Manufacturing Space

      Massive Warehouse, 367,000 SF, MA
      0 Zero Airport Rd, Fitchburg, MA 01420
      View Details
    • $14 SF/Yr

      Former Brewery/Tap Room Opportunity

      Former brewery/tap room available for lease in busy Fitchburg.
      166 Boulder Dr, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      20,736 SF

      Fitchburg Warehouse Space Available

      20,736 SF warehouse space for rent in Fitchburg.
      83 Authority Dr, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      216,941 SF

      Fitchburg Flex/Warehouse/Industrial Space Available

      Multi-tenant flex/warehouse/industrial building with 20,000-40,000 SF available.
      640 Crawford St, 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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    251 Authority Dr
    Fitchburg, MA 01420-6044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.