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    Property profile & analytics

    51 Sumner St Milford, MA 01757-1791

    • Individual retail properties
    • 14,400 SF
    • 2.18 lot acres
    OFF-MARKET
    Value Estimation
    $2,165,000
    Last Sale
    May 26, 2020
    $1,610,000
    Location Intelligence
    Property ID
    US38-1377593
    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

    • Milford Tax Group / Accountant
    • NRG LAB Fitness Center Milford / Yoga Studio / Athletic Club
    • Japan Karate Do Ryobu-Kai New England / Martial Arts School

    Property Details for 51 Sumner St

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    2.18 lot acres
    Property size
    14,400 SF
    Zone code
    IA
    Property type
    Individual retail properties
    APN
    MILF M:34 B:000 L:73E
    APU
    MILFM34B000L73E

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,525,000
      6.5%
      $1,570,000
      7%
      $1,590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,685,000
      Geo Method
      $1,640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,800,000
      Retail
      $2,005,000
      Mixed-Use
      $1,720,000
      Hospitality
      $1,990,000
      Educational
      $1,505,000
      Residential Income
      $1,680,000
      Energy
      $1,485,000
      Income-Based Land
      $1,870,000
      Food Service
      $1,925,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5186
    Latitude
    42.1532
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT 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
    $27,426
    $261,300
    $877,200
    $1,138,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,938 SF

      445 Main St

      GYM, HEALTH SPA • 9,938 SF
      445 Main St, Milford, MA 01757-2809
      View Details
    • Value Estimation by Request
      5,088 SF

      145 Ww St

      SHOW ROOM, WAREHOUSE • 5,088 SF
      145 Ww St, Milford, MA 01757-2278
      View Details
    • Value Estimation by Request
      5,200 SF

      105-107 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,200 SF
      105-107 Main St, Milford, MA 01757
      View Details
    • Value Estimation
      $955,000
      2,150 SF

      161 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,150 SF
      161 Main St, Milford, MA 01757-2610
      View Details
    • Value Estimation by Request
      6,540 SF

      396 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,540 SF
      396 Main St, Milford, MA 01757-2820
      View Details
    • Value Estimation by Request
      31,200 SF

      53 Sumner St

      SHOW ROOM, WAREHOUSE • 31,200 SF
      53 Sumner St, Milford, MA 01757-1656
      View Details

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    Similar Nearby for Lease

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      Retail space available in updated Milford Plaza shopping center.
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    • $2,750 /Mo

      Retail Space in High-Traffic Location

      Retail space suitable for restaurant or cafe in Milford, MA.
      204 E Main St, Milford, MA 01757
      View Details
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    51 Sumner St
    Milford, MA 01757-1791
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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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