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    Property profile & analytics

    307 Summer St Fitchburg, MA 01420-5955

    • Office buildings
    • 1,107 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 02, 2023
    $30,000
    Location Intelligence
    Property ID
    US38-0355828
    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

    • Sodano Real Estate / Real Estate Agency

    Property Details for 307 Summer St

    Year built
    1890
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    1,107 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    FITC M:0111 B:0004 L:0
    APU
    FITCM0111B0004L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7785
    Latitude
    42.572
    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
    $4,008
    $143,600
    $127,000
    $270,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      17,900 SF

      78 Riv St

      OFFICE BUILDING • 17,900 SF
      78 Riv St, Fitchburg, MA 01420-3022
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    • Value Estimation by Request
      9,000 SF

      915 Ss St

      OFFICE BUILDING • 9,000 SF
      915 Ss St, Fitchburg, MA 01420-6252
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    • Value Estimation
      $690,000
      23,014 SF

      625 Main St

      OFFICE BUILDING • 23,014 SF
      625 Main St, Fitchburg, MA 01420-3496
      View Details
    • Value Estimation
      $520,000
      28,576 SF

      633 Main St

      OFFICE BUILDING • 28,576 SF
      633 Main St, Fitchburg, MA 01420-3107
      View Details
    • Value Estimation by Request
      15,418 SF

      133 Prichard St

      OFFICE BUILDING • 15,418 SF
      133 Prichard St, Fitchburg, MA 01420-7539
      View Details
    • Value Estimation
      $285,000
      2,000 SF

      376 Summer St

      OFFICE BUILDING • 2,000 SF
      376 Summer St, Fitchburg, MA 01420-5957
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $2,500 /Mo

      Downtown Fitchburg Retail/Office Space

      1,875 sq ft space in downtown Fitchburg for lease.
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    • $350 /Mo

      Downtown Fitchburg Office Space Available

      Professional office space in revitalizing downtown Fitchburg. Call today!
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    • Contact for pricing
      2,900 SF

      Retail Space on John Fitch Highway

      Retail suites available in high-traffic Fitchburg location near Route 2.
      353 John Fitch Hwy, Fitchburg, MA 01420
      View Details
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    307 Summer St
    Fitchburg, MA 01420-5955
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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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