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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Turn key restaurants
7 Worcester Rd Barre, MA 01005-9108
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1874825
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
FRAME
Total area
4,360 SF
Lot
10.86 ac (473,062 SF)
Zoning code
TBD
APN
BARR M:000E B:0009 L:
UPID
US38-1874825
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Jjtrealestate LLC · 1 yrs held
Jjtrealestate LLC
since 2025
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
TBD · Barre, 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 Barre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barre 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
$1,280,000
ML approach
$1,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.50M (Mar 3 2025)
Last sale anchor
$1.50M
Mar 3 2025
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
$325 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,985
Tax year 2023
Assessed value
$566,500
Assessed 2023
Previous assessed
$566,500
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$136,200
Assessed improvement
$430,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,360 SF
Lot
10.86 ac (473,062 SF)
Zoning code
TBD
APN
BARR M:000E B:0009 L:
UPID
US38-1874825
Jurisdiction
BARRE
Zoning & alternative use
TBD · Barre, MA
Zoning TBD · permitted uses
TBD · Barre, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Barre. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
10.86 ac
Current owner
From public records · entity-resolved
Jjtrealestate LLC
Entity
Mailing address
PO BOX 400, HARDWICK, MA 01037-0400
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
$1,500,000
Jjtrealestate LLC
Prince River Mill LLC
Deed
$1,495,000 · Prince River Mill LLC
Jul 5, 2016
$460,000
Prince River Mill LLC
Higgins,ronald C & Susan E
Quit Claim Deed
—
Sep 9, 2011
—
Ronald C Higgins
—
Deed Of Trust
related
$3,135,000 · Sovereign Bank
Aug 2, 2000
—
Ronald C Higgins
—
Deed Of Trust
related
$50,000 · Barre Savings Bank
Apr 8, 1999
—
Ronald C Higgins
—
Deed Of Trust
related
$300,000 · Barre Savings Bank
Oct 5, 1995
—
Ronald C Higgins
—
Deed Of Trust
related
$85,000 · Barre 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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