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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Retail properties & Spaces
555 Chase Rd, Lunenburg, MA 01462-2077
Trust Owned
9-yr Hold
Free & Clear
Property ID
US38-0778106
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1948
Total area
14,591 SF
Lot
2 ac (86,970 SF)
Zoning code
C
APN
LUNE M:033.0 B:0017 L:0000.0
UPID
US38-0778106
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
-
SRB Signature Kitchen & Bath Hardware & Home Improvement Kitchen & Bath Showroom
-
Glow Chiropractic Alternative Medicine Practice
-
Duane A. Glow, DC Alternative Medicine Practice
-
Platinum Productions, Incorporated Nightclub Music Venue
-
First Choice Limousine Limousine Service Chauffeur Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$698k
Blend (final)
Blend
$710k
Owner & transaction history
First Choice Realty Trust · 9 yrs held
First Choice Realty Trust
since 2016
7 recorded transactions
Zoning & alternative use
C · Lunenburg, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lunenburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lunenburg 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$49 / 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
Tax billed
$8,906
Tax year 2024
Assessed value
$631,600
Assessed 2024
Previous assessed
$611,900
+3.2% YoY
Effective rate
1.41%
On assessed value
Assessed land
$187,600
Assessed improvement
$444,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
26
Units
2
Total area
14,591 SF
Lot
2 ac (86,970 SF)
Zoning code
C
APN
LUNE M:033.0 B:0017 L:0000.0
UPID
US38-0778106
Jurisdiction
LUNENBURG
Zoning & alternative use
C · Lunenburg, MA
Zoning C · permitted uses
C · Lunenburg, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lunenburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Cooling
Yes
Stories
26
Buildings
1
Units
2
Lot
2 ac
Current owner
From public records · entity-resolved
First Choice Realty Trust
Trust
Free & Clear · 9 yrs held
Mailing address
140 FIRE RD 12, LANCASTER, MA 01523-3038
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2016
—
First Choice Realty Trust
Bettencourt,daniel & Sabina
Quit Claim Deed
related
—
Apr 11, 2006
$1
Daniel Bettencourt
Bettencourt Exchange T
Grant Deed
—
Jan 19, 2006
$550,000
Exchange T Bettencourt
Fanelli,john J
Grant Deed
$550,000 · Sabrina Bettencourt
Mar 4, 2004
$332,000
John J Fanelli
Lehtola,david A
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 23, 2002
—
David A Lehtola
—
Deed Of Trust
related
$27,458 · Central Steel Supply
Jul 1, 2002
—
David A Lehtola
—
Deed Of Trust
related
$60,000 · John Fanelli
Sep 23, 1999
$450,000
David A Lehtola
Bert Ret
Grant Deed
$337,500 · Fitchburg Savings Bank
Dec 19, 1997
$435,000
Bert Real Est Trust
Em RT
Grant Deed
$259,250 · Fitchburg Savings Bank
Dec 19, 1997
—
Bert Real Est Trust
—
Deed Of Trust
related
$207,400 · Fitchburg Savings Bank
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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