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    Property profile & analytics

    515 Central St Franklin, MA 02038-2949

    • Commercial land
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 07, 2023
    $1,095,000
    Location Intelligence
    Property ID
    US38-2176891
    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

    • B & G Auto Brokers Inc / Used Car Dealer
    • Minas Marble & Granite Inc / Granite Supplier / Marble Supplier
    • The Learning Experience - Franklin, MA / Day Care Center

    Property Details for 515 Central St

    Lot size
    1.39 lot acres
    Property type
    Commercial land
    APN
    FRAN M:270 L:029-002
    APU
    FRANM270L029002

    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
    -71.4181
    Latitude
    42.0905
    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
    $9,254
    $784,900
    $0.00
    $784,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • 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
      1.44 Acres

      Central St

      VACANT COMMERCIAL LAND • 1.44 Acres
      Central St, Franklin, MA 02038
      View Details
    • Value Estimation by Request
      2.60 Acres

      700 Un St

      VACANT COMMERCIAL LAND • 2.60 Acres
      700 Un St, Franklin, MA 02038-5010
      View Details
    • Value Estimation by Request
      1.33 Acres

      759 Un St

      VACANT COMMERCIAL LAND • 1.33 Acres
      759 Un St, Franklin, MA 02038-2507
      View Details
    • Value Estimation by Request
      0.46 Acres

      Prince Way

      VACANT COMMERCIAL LAND • 0.46 Acres
      Prince Way, Franklin, MA 02038
      View Details
    • Value Estimation by Request
      2.04 Acres

      Washington St

      VACANT COMMERCIAL LAND • 2.04 Acres
      Washington St, Franklin, MA 02038
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Franklin Land Near Downtown

      Half-acre vacant land near retail, hospital, and public transport.
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      Industrial Land for Contractors Yard

      6.21 acres of industrial-zoned land suitable for contractors.
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    • $250,000
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      Residential Land in Franklin, MA

      1.31 acre lot for building a dream home.
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      0.84 Acres

      326 Union St, Franklin, MA 02038

      Commercial real estate • 0.84 Acres
      326 Union St, Franklin, MA 02038
      View Details
    • $1,200,000
      0.09 Acres

      Franklin Mixed-Use Investment

      Five-unit building, prime Franklin location.
      15 Central St, Franklin, MA 02038
      View Details
    • 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

    Similar Nearby for Lease

    • Contact for pricing
      303,144 SF

      Franklin Village Plaza: Retail Opportunity

      High-traffic shopping center; spaces available.
      250 Franklin Village Dr, Franklin, MA 02038
      View Details
    • $8 SF/Yr
      93,729 SF

      Franklin Industrial Office Complex

      Flex Space: Office & Warehouse Available
      305 Union St, Franklin, MA 02038
      View Details
    • Contact for pricing
      112,756 SF

      Prime Franklin Executive Offices

      Class A Office Space, 36,757 SF Available
      124 Grove St, Franklin, MA 02038
      View Details
    • $12 SF/Yr
      9,100 SF

      Modern Flex Space Near I-495

      9,100 SF flex space with warehouse features for lease.
      90 Hayward St, Franklin, MA 02038
      View Details
    • $25 SF/Yr

      Franklin Office Space For Rent

      Professional office space available near Route 495 and Route 140.
      38 Pond St, Franklin, MA 02038
      View Details
    • Contact for pricing

      Franklin Warehouse in Kenwood Park

      Single-story light manufacturing/warehouse facility in Franklin's Kenwood Industrial Park.
      25 Kenwood Cir, Franklin, MA 02038
      View Details

    Property Visit Statistics

    • Visits by month
      1.8k
    • Visitors by month
      948
    • Avg Time on site
      33 min
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    515 Central St
    Franklin, MA 02038-2949
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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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