Financial
Distress signals
Property profile

409 Fortune Blvd Milford, MA 01757

FOR LEASE
Showrooms
Property ID
US38-1513359
19,916 SF 3.44 ac lot Built 1984
Last sale Sep 2008 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
409 Fortune Blvd, Milford, MA 01757 For Lease
$18 SF/Yr
409 Fortune Blvd, Milford, MA 01757
View Listing

Property summary

AI-generated overview

The property at 409 Fortune Blvd in Milford, MA 01757 contains three office suites with individual sizes of 680 square feet and 1,938 square feet, totaling 2,460 square feet of office space across the available units. Each suite is configured as an individual office footprint, providing tenants with separate spaces within the same commercial address and allowing selection of the suite size that matches their operating needs.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$52k
Tax billed · 2024
Assessed value$2.15M
Assessed land$607k
Assessed improvement$1.54M
Effective rate2.41%

Value estimate

· Sep 2026
$2.05M
$1.84M – $2.25M
CAP approach$2.77M
Sales comparison$2.12M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$122/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$57 – $172
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IB
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...
General categoryINDUSTRIAL
JurisdictionMILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.3
Garden Center10.2
Convenience Store9.9

Location

409 Fortune Blvd Milford, MA 01757
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
164 Main, Milford, MA 01757-2605 $500,000 Sep 2024 7,828 SF
79 Lincoln, Milford, MA 01757 $270,000 Jun 2024 12,720 SF
150 Main, Milford, MA 01757-2605 $640,000 Feb 2024 6,178 SF
80 Sumner, Milford, MA 01757-1622 $855,100 Sep 2022 4,800 SF
80 Prospect, Milford, MA 01757-3037 $2,600,000 Jun 2022 10,094 SF
82 Prospect, Milford, MA 01757-3009 $1,263,000 Jun 2022 3,124 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message