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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Manufacturing properties
323 Princeton Rd, Fitchburg, MA 01420-4879
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1776826
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Construction
FRAME
Total area
32,980 SF
Lot
2.08 ac (90,518 SF)
Zoning code
AI
APN
FITC M:000W B:0008 L:A
UPID
US38-1776826
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
-
Marino heating HVAC Service General Contractor
-
Jay's Automotive Auto Repair Shop
-
Universal Machine Industrial Manufacturer
-
Twin City Fuel Big Box & Wholesale Store
-
Dadian Systems Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
J&l RT · 19 yrs held
J&l RT
since 2007
6 recorded transactions
Zoning & alternative use
AI · 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
$28 / 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
$13,206
Tax year 2024
Assessed value
$891,700
Assessed 2024
Previous assessed
$733,700
+21.5% YoY
Effective rate
1.48%
On assessed value
Assessed land
$158,400
Assessed improvement
$733,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
4
Bathrooms
10
Total area
32,980 SF
Lot
2.08 ac (90,518 SF)
Zoning code
AI
APN
FITC M:000W B:0008 L:A
UPID
US38-1776826
Jurisdiction
FITCHBURG
Zoning & alternative use
AI · Fitchburg, MA
Zoning AI · permitted uses
AI · 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
1900
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
4
Bathrooms
10
Lot
2.08 ac
Current owner
From public records · entity-resolved
J&l RT
Individual
Mailing address
323 PRINCETON RD, FITCHBURG, MA 01420-4879
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2014
—
J RT
—
Grant Deed
related
$684,000 · Enterprise Bank & Trust
Apr 26, 2007
$540,000
J&l RT
Princeton Road LLC Nt
Deed
$600,000 · Flagship Bk Tr Co
Jul 16, 2001
$160,000
Princeton Road Tr
Johnston,ronald R
Grant Deed
—
Jun 22, 1999
$295,000
Princeton Road RT
Cado Properties
Grant Deed
$249,000 · Bankboston Development Co LLC
Dec 31, 1996
$60,000
G RT
Custom Papers Group Ic
Grant Deed
$30,000 · Zenon Grzybowski
Sep 29, 1994
—
Ronald R Johnston
—
Deed Of Trust
related
$1,800,000 · Olde Post Road Realty
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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