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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
325 Water St Fitchburg, MA 01420-5601
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-2373851
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1920
Construction
STEEL FRAME
Total area
26,184 SF
Lot
0.48 ac (20,713 SF)
Zoning code
NB
APN
FITC M:0082 B:0099 L:0
UPID
US38-2373851
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
325 Water St Partners LLC · 3 yrs held
325 Water St Partners LLC
since 2023
Last sale
$320,000
7 recorded transactions
Zoning & alternative use
NB · 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
—
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
$4,798
Tax year 2024
Assessed value
$324,000
Assessed 2024
Previous assessed
$315,700
+2.6% YoY
Effective rate
1.48%
On assessed value
Assessed land
$102,800
Assessed improvement
$221,200
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
26,184 SF
Lot
0.48 ac (20,713 SF)
Zoning code
NB
APN
FITC M:0082 B:0099 L:0
UPID
US38-2373851
Jurisdiction
FITCHBURG
Zoning & alternative use
NB · Fitchburg, MA
Zoning NB · permitted uses
NB · 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
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.48 ac
Current owner
From public records · entity-resolved
325 Water St Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
325 WATER ST, FITCHBURG, MA 01420-5601
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
$320,000
325 Water St Partners LLC
Emily Le Ret
Quit Claim Arm's Length For Ne States
—
Aug 12, 2019
—
Le Emily Trust
Le,emily
Quit Claim Deed
related
—
Dec 28, 2018
$161,000
Emily Le
Secchiaroli,george
Quit Claim Deed
—
Mar 4, 2013
$1
Leo Garcia
Kosta,john
Grant Deed
related
—
Apr 6, 2011
$250,000
John Kosta
Secchiaroli,george
Grant Deed
—
Apr 19, 2005
$1
George Secchiaroli
Dinapoli,anthony J
Grant Deed
—
Jan 13, 2003
$152,000
George Secchiaroli
Giadones INC
Grant Deed
—
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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