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    Property profile & analytics

    4 Frg Pkwy Franklin, MA 02038-3157

    • Hotels
    • 82,084 SF
    • 4.52 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1321642
    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

    • Residence Inn Boston Franklin / Hotel / Extended Stay Hotel
    • ATM / Atm
    • Lar massachusetts / Church

    Property Details for 4 Frg Pkwy

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    4.52 lot acres
    Property size
    82,084 SF
    Property type
    Hotels
    APN
    FRAN M:272 L:004
    APU
    FRANM272L004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.4361
    Latitude
    42.0886
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $132,125
    $2,559,600
    $8,646,900
    $11,206,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $9,655,000
      49,155 SF

      735 Un St

      HOTEL • 49,155 SF
      735 Un St, Franklin, MA 02038-2507
      View Details
    • Value Estimation by Request
      67,815 SF

      835 Uppr Un St

      HOTEL • 67,815 SF
      835 Uppr Un St, Franklin, MA 02038-2583
      View Details
    • Value Estimation by Request
      51,110 SF

      725 Un St

      HOTEL • 51,110 SF
      725 Un St, Franklin, MA 02038
      View Details
    • Value Estimation by Request
      4.73 Acres

      511 Central St

      COMMERCIAL (GENERAL) • 4.73 Acres
      511 Central St, Franklin, MA 02038-1306
      View Details
    • Value Estimation by Request
      6.88 Acres

      919 Central St

      VACANT COMMERCIAL LAND • 6.88 Acres
      919 Central St, Franklin, MA 02038
      View Details
    • Value Estimation by Request
      86.70 Acres

      Central St

      INDUSTRIAL (GENERAL) • 86.70 Acres
      Central St, Franklin, MA 02038
      View Details

    Similar Nearby for Sale

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      0.84 Acres

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      Commercial real estate • 0.84 Acres
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    • $1,200,000
      0.09 Acres

      Franklin Mixed-Use Investment

      Five-unit building, prime Franklin location.
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    • $1,800,000
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      Franklin Commercial Investment Opportunity

      Four-building commercial property with revenue growth potential in downtown Franklin.
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    • Contact for pricing
      6,900 SF

      Franklin Office Building Investment Opportunity

      Fully leased office building near I-495 and Dean College.
      55 W Central St, Franklin, MA 02038
      View Details
    • $1,150,000

      Franklin Multifamily Investment Opportunity

      Well-maintained 5-unit building in prime Franklin location.
      159 E Central St, Franklin, MA 02038
      View Details
    • $1,450,000
      0.45 Acres

      55 Central St, Franklin, MA 02038

      Commercial real estate • 0.45 Acres
      55 Central St, Franklin, MA 02038
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Franklin Warehouse: 2,500 SF

      Prime Franklin warehouse, ideal for various uses.
      131 Fisher St, Franklin, MA 02038
      View Details
    • $2,000 /Mo
      1,500 SF

      Industrial Condo For Lease

      1500 SF industrial condo with office and warehouse space.
      837 Upper Un St, Franklin, MA 02038
      View Details
    • $19 SF/Yr
      1,216,195 SF

      Office Space in Franklin, MA

      First-class office space with convenient highway access and ample parking.
      500 Franklin Village Dr, Franklin, MA 02038
      View Details
    • $9 SF/Yr

      Franklin Warehouse Space For Lease

      73,805 SF warehouse space available for lease.
      5 Fisher St, Franklin, MA 02038
      View Details
    • $12 SF/Yr

      Franklin Commercial Space For Lease

      Flex/industrial space with exposed brick and loading dock.
      5 Fisher St, Franklin, MA 02038
      View Details
    • $18 SF/Yr
      3,500 SF

      Retail Space in Franklin, MA

      Retail space available for lease in Franklin, Massachusetts.
      13 Main St, Franklin, MA 02038
      View Details

    Property Visit Statistics

    • Visits by month
      6.1k
    • Visitors by month
      1.6k
    • Avg Time on site
      548 min
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    Franklin, MA 02038-3157
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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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