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Property profile & analytics
OFF-MARKET Estimated value $15,300,000
Retail properties & Spaces

40 Fortune Blvd Milford, MA 01757-1745

135,579 SF 15.97 ac lot Built 2004
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US38-0619886
Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2004
Construction STEEL FRAME
Total area 135,579 SF
Lot 15.97 ac (695,827 SF)
Zoning code IB
APN MILF M:28 B:098 L:36
UPID US38-0619886
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
  • Lowe's Home Improvement Building Supply Hardware & Home Improvement
  • Lowe's Garden Center Garden Center
  • Lowe's ProServices Building Supply Industrial Manufacturer
  • M F D Appliance Repair Home Appliance Store
  • Minute Key Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.67M
Blend (final) Blend
$15.30M
Owner & transaction history
Quarry Place 1 LLC · 8 yrs held
Quarry Place 1 LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
IB · Milford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ACTIVITY OR USE RA RB RC RD OR BP CA CB CC IA IB IC RECREATIONAL USES Camping, commercial O O O O O O O O O O O O Camping, supervised O A A A O O O O O O O O Commercial recreation/ Indoor l O O O O O O P P P P P P Commercial recreation/ Outdoor l O O O O O O O O P O O O Games of Chance 16 O O O O O O O O O O O O Golf Course l P P P P O P O P P P P P Public S…

Zone name General Industrial B
General category INDUSTRIAL
Zone area 1,344.76 ac
Source Zoning By laws PDF
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