Property profile

318-320 Main St Douglas, MA 01516

OFF-MARKET
Investment properties
Property ID
US38-0886863
6,456 SF 0.45 ac lot Built 1840
Entity Owned 4-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1840
Construction FRAME
Total area 6,456 SF
Lot 0.45 ac (19,441 SF)
Zoning code VB
APN DOUG M:0163 B:0000097 L:
UPID US38-0886863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

318-320 Main St Douglas, MA 01516
Douglas metro Census 752101 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$740k
CAP Approach CAP
$895k
Comparable Approach Comparable
$499k
Blend (final) Blend
$745k

Owner & transaction history

since 2021
Last sale
$800,000
6 recorded transactions
2021
$800,000
2006
Price N/A
2005
Price N/A
2005
Price N/A
1999
Price N/A
1998
Price N/A

Zoning & alternative use

VB · Douglas, MA
Top alternative use upside
Restaurant $1.2M +71.3%
Retail stores $1.0M +42.6%
Auto repair, garage $990,000 +39.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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