Realmo Analytics
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Property summary
This exceptional mixed-use property, located at 500 Main St, Wilmington, MA 01887, presents a unique adaptive reuse or redevelopment opportunity. The 25,490 square foot lot boasts two buildings totaling 3,942 square feet, currently vacant and requiring extensive renovation. The main structure, a two-story building constructed in 1939, previously housed a dental office on the first floor and an apartment above. A separate single-story building was also used as an office space. The property is… zoned General Business (GB), offering flexibility for a variety of commercial uses. This presents a chance to capitalize on the property's historic charm and prime location within the Boston MSA. The asking price is $729,000, with an assessed value of $560,100 (2024) and real estate taxes of $14,691 (2024). The property consists of three units, providing versatile leasing options. The sale is "as is, where is." This is an ideal investment for developers seeking a high-potential project in a desirable Massachusetts location. The property's location on Main Street offers excellent visibility and accessibility. The price per square foot is $184.93.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 11 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,942 SF
- Lot area
- 0.6 ac
- Year built
- 1939
- Stories
- 2
- APN
- WILM M:0041 L:0000 P:0123
- Assessed value · 2024
- $560,100
- Annual tax · 2024
- $14,691
- Commercial (general)
- Office Building · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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