Property profile

60 Elm St Millbury, MA 01527

OFF-MARKET
Turn key restaurants
Property ID
US38-1477319
5,980 SF 0.51 ac lot Built 1940
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,980 SF
Lot 0.51 ac (22,216 SF)
Zoning code B1
APN MILB M:053 B:0000137 L:
UPID US38-1477319

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

60 Elm St Millbury, MA 01527-3105
Millbury metro Census 737200 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2012
7 recorded transactions
2022
Price N/A
2012
$10,000
2011
Price N/A
2010
Price N/A
1999
Price N/A
1995
Price N/A
1994
$247,500

Zoning & alternative use

B1 · Millbury, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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