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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Specialty properties
545 Westminster St Fitchburg, MA 01420-4766
Individually Owned
29-yr Hold
Free & Clear
Property ID
US38-1156120
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1925
Total area
28,414 SF
Lot
1.14 ac (49,702 SF)
Zoning code
AI
APN
FITC M:0249 B:0035 L:A
UPID
US38-1156120
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bridget B. Mccarthy, MSW Foster Care Service Social Service Agency
-
Suze A. Madden, Ladci Counselor Nutritionist
-
Sean H. Sullivan, MED Physician
-
Melissa E. Murphy, MA Counselor Doctor
-
Luk Crisis Center Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$892k
Blend (final)
Blend
$555k
Owner & transaction history
G RT · 29 yrs held
G RT
since 1996
3 recorded transactions
Zoning & alternative use
AI · Fitchburg, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Adaptive Industrial District
General category
INDUSTRIAL
Zone area
27.70 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fitchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fitchburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$20 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$1,028,100
Assessed 2024
Previous assessed
$1,007,600
+2.0% YoY
Assessed land
$124,300
Assessed improvement
$903,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1925
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
8
Total area
28,414 SF
Lot
1.14 ac (49,702 SF)
Zoning code
AI
APN
FITC M:0249 B:0035 L:A
UPID
US38-1156120
Jurisdiction
FITCHBURG
Zoning & alternative use
AI · Fitchburg, MAZoning AI · permitted uses
AI · Fitchburg, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Adaptive Industrial District
General category
INDUSTRIAL
Zone area
27.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1925
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
8
Lot
1.14 ac
Current owner
From public records · entity-resolved
G RT
Individual
Free & Clear · 29 yrs held
Mailing address
545 WESTMINSTER ST, FITCHBURG, MA 01420-4766
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2004
—
Westminster Pl LLC
—
Deed Of Trust
related
$546,000 · Sovereign Bank
Jul 29, 1997
—
G RT
—
Deed Of Trust
related
$50,000 · Bankboston Development Co LLC
Nov 4, 1996
$16,000
G RT
Heath Dev Corp
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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