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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail properties & Spaces
26 Main St, Millbury, MA 01527-2006
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0081217
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1900
Construction
FRAME
Total area
4,470 SF
Lot
0.08 ac (3,485 SF)
Zoning code
B1
APN
MILB M:053 B:0000106 L:
UPID
US38-0081217
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
-
Cut Loose Hair Studio Hair Salon
-
Who Cut the Cheesecake Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$550k
Owner & transaction history
Kljj Properties LLC · 9 yrs held
Kljj Properties LLC
since 2017
4 recorded transactions
Zoning & alternative use
B1 · Millbury, 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 Millbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millbury 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$700,000
Current use
AUTO REPAIR, GARAGE
$685,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$610,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$123 / SF
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
$4,919
Tax year 2024
Assessed value
$371,800
Assessed 2024
Previous assessed
$371,800
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$68,000
Assessed improvement
$303,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Total area
4,470 SF
Lot
0.08 ac (3,485 SF)
Zoning code
B1
APN
MILB M:053 B:0000106 L:
UPID
US38-0081217
Jurisdiction
MILLBURY
Zoning & alternative use
B1 · Millbury, MA
Zoning B1 · permitted uses
B1 · Millbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$685,000
OFFICE BUILDING
Est. value
$610,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Kljj Properties LLC
Entity
Mailing address
26 MAIN ST, MILLBURY, MA 01527-2006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2017
$250,000
Kljj Properties LLC
Hands Star LLC
Quit Claim Deed
$200,000 · Millbury Cu
Nov 4, 2011
$292,500
Hands Star LLC
Loretta M Young
Deed
$150,000 · Mcu Commercial Servic
May 1, 1997
$150,000
Loretta M Young
Zigmont,vincent C
Grant Deed
—
—
—
Hands Star LLC
—
Deed Of Trust
related
$60,000 · Millbury Cu
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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