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    580 John Fitch Hwy Fitchburg, MA 01420-8401

    • Turn key restaurants
    • 1,902 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US38-1883506
    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

    • Turn key restaurants

    Property Details for 580 John Fitch Hwy

    Year built
    1957
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property size
    1,902 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    FITC M:0035 B:0018 L:0
    APU
    FITCM0035B0018L0

    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
    -71.7779
    Latitude
    42.5855
    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
    $5,603
    $145,700
    $232,600
    $378,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      114 Whalon St

      RESTAURANT • 3,915 SF
      114 Whalon St, Fitchburg, MA 01420-7140
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      5,968 SF

      310 Main St

      RESTAURANT • 5,968 SF
      310 Main St, Fitchburg, MA 01420-4304
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      352 SF

      202 Summer St

      RESTAURANT • 352 SF
      202 Summer St, Fitchburg, MA 01420
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      $300,000
      2,773 SF

      219 Highland Ave

      RESTAURANT • 2,773 SF
      219 Highland Ave, Fitchburg, MA 01420-2612
      View Details
    • Value Estimation
      $530,000
      1,208 SF

      105 John Fitch Hwy

      RESTAURANT • 1,208 SF
      105 John Fitch Hwy, Fitchburg, MA 01420-5905
      View Details

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    Similar Nearby for Lease

    • $2,500 /Mo

      Downtown Fitchburg Retail/Office Space

      1,875 sq ft space in downtown Fitchburg for lease.
      350 Main St, Fitchburg, MA 01420
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      Former Brewery/Tap Room Opportunity

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      View Details
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      2,087 SF

      Fitchburg Retail/Restaurant Space Available

      Highly visible commercial space in downtown Fitchburg, build to suit.
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    • Contact for pricing

      Retail Space with Drive-Thru Potential

      Anchor space and proposed drive-thru pad site available for lease.
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      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
      View Details
    • $2,500 /Mo

      Prime Retail Space Available

      2,500 sq ft retail space in high-traffic location.
      127 John Fitch Hwy, Fitchburg, MA 01420
      View Details

    Property Visit Statistics

    • Visits by month
      3.9k
    • Visitors by month
      4.0k
    • Avg Time on site
      14 min
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    580 John Fitch Hwy
    Fitchburg, MA 01420-8401
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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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