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Property profile & analytics
OFF-MARKET
Retail space
259 Franklin Rd Fitchburg, MA 01420-5105
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1095714
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Construction
FRAME
Total area
1,656 SF
Lot
0.1 ac (4,199 SF)
Zoning code
RA
APN
FITC M:0115 B:0071 L:0
UPID
US38-1095714
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
-
JD's Variety Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shree Ghansyam LLC · 12 yrs held
Shree Ghansyam LLC
since 2013
7 recorded transactions
Zoning & alternative use
RA · Fitchburg, 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 Fitchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fitchburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,995
Tax year 2024
Assessed value
$202,200
Assessed 2024
Previous assessed
$200,000
+1.1% YoY
Effective rate
1.48%
On assessed value
Assessed land
$69,300
Assessed improvement
$132,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
1,656 SF
Lot
0.1 ac (4,199 SF)
Zoning code
RA
APN
FITC M:0115 B:0071 L:0
UPID
US38-1095714
Jurisdiction
FITCHBURG
Zoning & alternative use
RA · Fitchburg, MA
Zoning RA · permitted uses
RA · Fitchburg, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fitchburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Shree Ghansyam LLC
Entity
Mailing address
259 FRANKLIN RD, FITCHBURG, MA 01420-5105
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2013
$200,000
Shree Ghansyam LLC
259 Franklin Road RT
Quit Claim Deed
$210,000 · Sona J Panchal
Feb 19, 2013
—
259 Franklin Road RT
—
Deed Of Trust
related
$155,262 · Jonathan Potenzone
Jul 9, 2012
—
259 Franklin Road RT
—
Deed Of Trust
related
$170,000 · Avidia Bank
Jul 9, 2007
$180,000
259 Franklin Road RT
Potenzone,janet
Grant Deed
$200,000 · Fidelity Cp Bank
Jul 9, 2007
—
259 Franklin Road RT
—
Deed Of Trust
related
$180,000 · Jonathan Potenzone
Jun 29, 1998
$2,200
Jonathan Potenzone
Fitchburg City Of
Grant Deed
related
—
Aug 29, 1997
$75,000
Janet Potenzone
Shank,donald J
Grant Deed
$67,500 · Bay State Savings Bank
Oct 26, 1987
—
Donald J Shank
—
Deed Of Trust
related
$35,000 · Zwi Kohorn
Oct 21, 1987
$123,000
Leonard J Vilandry JR.
Vitello,david
Grant Deed
$150,000 · Bankboston Development Co LLC
May 22, 1987
$27,000
D Vitello
Bellio,louis J
Grant Deed
—
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.
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