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    Property profile & analytics

    274 Purchase St Milford, MA 01757-3802

    • Investment properties
    • 3,174 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $65,000
    Last Sale
    Aug 05, 2022
    $77,000
    Location Intelligence
    Property ID
    US38-2416470
    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

    • CJM Construction Co / Excavating Contractor

    Property Details for 274 Purchase St

    Year built
    2003
    Construction
    FRAME
    Lot size
    1.40 lot acres
    Property size
    3,174 SF
    Zone code
    RC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    MILF M:08 B:000 L:17
    APU
    MILFM08B000L17

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $60,000

    • CAP approach

      CAP return
      Estimation
      6%
      $55,000
      6.5%
      $60,000
      7%
      $60,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $60,000
      Geo Method
      $60,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $75,000
      Retail
      $55,000
      Mixed-Use
      $70,000
      Hospitality
      $65,000
      Educational
      $70,000
      Residential Income
      $55,000
      Energy
      $75,000
      Income-Based Land
      $70,000
      Food Service
      $55,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5374
    Latitude
    42.18
    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
    2019
    $8,774
    $212,700
    $530,000
    $742,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6.78 Acres

      350 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6.78 Acres
      350 Main St, Milford, MA 01757-2835
      View Details
    • Value Estimation
      $865,000
      4,624 SF

      64 Central St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,624 SF
      64 Central St, Milford, MA 01757-3300
      View Details
    • Value Estimation
      $155,000
      1,915 SF

      25-27 Congress St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,915 SF
      25-27 Congress St, Milford, MA 01757
      View Details
    • Value Estimation
      $340,000
      2,080 SF

      8 Eames St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,080 SF
      8 Eames St, Milford, MA 01757-3706
      View Details
    • Value Estimation
      $210,000
      1,932 SF

      95 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,932 SF
      95 Main St, Milford, MA 01757-2700
      View Details
    • Value Estimation by Request
      3,446 SF

      1 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,446 SF
      1 Ww St, Milford, MA 01757-4159
      View Details

    Similar Nearby for Sale

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      50,205 SF

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      Retail spaces available in Milford, MA, from 1,200 to 8,800± SF.
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    Similar Nearby for Lease

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      6,364 SF

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      Retail and office space with high visibility and ample parking.
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      50,000 SF

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      50000 square feet of office space for rent.
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    • Contact for pricing
      2,800 SF

      Retail Space in Milford Plaza

      Retail space available in updated Milford Plaza shopping center.
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    • $2,750 /Mo

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      Retail space suitable for restaurant or cafe in Milford, MA.
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      View Details
    • $12 SF/Yr

      Versatile Office Spaces For Lease

      Three office spaces available in a high-traffic location.
      203 Main St, Milford, MA 01757
      View Details
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    274 Purchase St
    Milford, MA 01757-3802
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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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