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    Property profile & analytics

    539 Electric Ave Fitchburg, MA 01420

    • Super regional malls
    • 30,517 SF
    • 2.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0960882
    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

    • Super regional malls

    Property Details for 539 Electric Ave

    Year built
    1963
    Construction
    FRAME
    Lot size
    2.18 lot acres
    Property size
    30,517 SF
    Zone code
    C
    Property type
    Super regional malls
    APN
    FITC M:0116 B:0058 L:0
    APU
    FITCM0116B0058L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.816
    Latitude
    42.5687
    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
    $26,919
    $313,500
    $1,504,100
    $1,817,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $140,000
      11,072 SF

      347 Main St, Unit 355

      REGIONAL SHOPPING CENTER, MALL • 11,072 SF
      347 Main St, Fitchburg, MA 01420-8006
      View Details
    • Value Estimation by Request
      29,155 SF

      783 Water St

      REGIONAL SHOPPING CENTER, MALL • 29,155 SF
      783 Water St, Fitchburg, MA 01420-6479
      View Details
    • Value Estimation
      $5,755,000
      45,191 SF

      72 Franklin Rd, Unit 80

      REGIONAL SHOPPING CENTER, MALL • 45,191 SF
      72 Franklin Rd, Fitchburg, MA 01420-5214
      View Details
    • Value Estimation by Request
      30,741 SF

      820 John Fitch Hwy

      REGIONAL SHOPPING CENTER, MALL • 30,741 SF
      820 John Fitch Hwy, Fitchburg, MA 01420-2602
      View Details
    • Value Estimation
      $425,000
      10,655 SF

      1169 Ss St

      REGIONAL SHOPPING CENTER, MALL • 10,655 SF
      1169 Ss St, Fitchburg, MA 01420
      View Details
    • Value Estimation by Request
      100,620 SF

      140 Whalon St

      REGIONAL SHOPPING CENTER, MALL • 100,620 SF
      140 Whalon St, Fitchburg, MA 01420-7158
      View Details

    Similar Nearby for Sale

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      Retail Investment Portfolio For Sale

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      Commercial building suitable for retail, contracting, sales, or distribution.
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      Fitchburg Commercial Property for Sale

      Established neighborhood retail property with multiple income streams.
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    Similar Nearby for Lease

    • Contact for pricing
      108,899 SF

      Twin City Plaza: Fitchburg Retail Space

      Prime Fitchburg retail space available. Multiple units, flexible sizes.
      140 Whalon St, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      2,900 SF

      Retail Space on John Fitch Highway

      Retail suites available in high-traffic Fitchburg location near Route 2.
      353 John Fitch Hwy, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      169,443 SF

      Fitchburg Retail Space For Rent

      Retail suites available in high-traffic Fitchburg location.
      353-385 John Fitch Hwy, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      2,303 SF

      Renovated Retail Space in Fitchburg

      Recently renovated retail spaces available in John Fitch Plaza.
      380-510 John Fitch Hwy, Fitchburg, MA 01420
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    • $14 SF/Yr

      Retail Space with Outdoor Patio

      Versatile retail space with kitchen, bathroom, and fenced patio.
      481 Electric Ave, Fitchburg, MA 01420
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru Potential

      Anchor space and proposed drive-thru pad site available for lease.
      Fitchburg, MA 01420
      View Details

    Property Visit Statistics

    • Visits by month
      10.9k
    • Visitors by month
      6.8k
    • Avg Time on site
      11 min
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    539 Electric Ave
    Fitchburg, MA 01420
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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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