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    Property profile & analytics

    70 Water St Fitchburg, MA 01420-5491

    • Office buildings
    • 1,805 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US38-1418194
    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

    • Enterprise Rent-A-Car / Van Rental Agency / Car Rental Agency

    Property Details for 70 Water St

    Year built
    1969
    Construction
    STEEL FRAME
    Lot size
    0.54 lot acres
    Property size
    1,805 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    FITC M:0055 B:0069 L:0
    APU
    FITCM0055B0069L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $370,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $385,000
      Mixed-Use
      $385,000
      Hospitality
      $315,000
      Educational
      $350,000
      Residential Income
      $320,000
      Energy
      $305,000
      Income-Based Land
      $395,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7953
    Latitude
    42.5807
    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
    $3,719
    $159,800
    $91,300
    $251,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      204 SF

      1083 Main St

      OFFICE BUILDING • 204 SF
      1083 Main St, Fitchburg, MA 01420-3041
      View Details
    • Value Estimation
      $205,000
      5,606 SF

      12 Brk St

      OFFICE BUILDING • 5,606 SF
      12 Brk St, Fitchburg, MA 01420-3102
      View Details
    • Value Estimation
      $220,000
      3,670 SF

      214th Lunenburg St

      OFFICE BUILDING • 3,670 SF
      214th Lunenburg St, Fitchburg, MA 01420-4580
      View Details
    • Value Estimation
      $100,000
      5,280 SF

      298-300 Main St

      OFFICE BUILDING • 5,280 SF
      298-300 Main St, Fitchburg, MA 01420
      View Details
    • Value Estimation
      $970,000
      7,758 SF

      881 Ss St

      OFFICE BUILDING • 7,758 SF
      881 Ss St, Fitchburg, MA 01420-6384
      View Details
    • Value Estimation
      $1,640,000
      5,437 SF

      155 Airport Rd

      OFFICE BUILDING • 5,437 SF
      155 Airport Rd, Fitchburg, MA 01420-8142
      View Details

    Similar Nearby for Sale

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      Historic Fitchburg office building with original features and conversion potential.
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      Fitchburg Office/Retail Building For Sale

      3401 sqft office/retail building with high traffic volume.
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    • $90,000

      Downtown Fitchburg Commercial Property

      Commercial property in revitalizing downtown Fitchburg, near commuter rail.
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    Similar Nearby for Lease

    • $22 SF/Yr
      3,000 SF

      Renovated Medical Office Space Available

      Class A medical office building with ample parking and visibility.
      370 Lunenburg St, Fitchburg, MA 01420
      View Details
    • $14 SF/Yr

      Parkhill Plaza Office/Retail Space

      Office/Retail space for lease in a busy plaza.
      491 Electric Ave, Fitchburg, MA 01420
      View Details
    • $16 SF/Yr
      5,500 SF

      Fitchburg Retail/Office Space Available

      Retail/office space with prominent frontage and ample parking.
      265 Summer St, Fitchburg, MA 01420
      View Details
    • $350 /Mo

      Downtown Fitchburg Office Space Available

      Professional office space in revitalizing downtown Fitchburg. Call today!
      344 Main St, Fitchburg, MA 01420
      View Details
    • $2,500 /Mo

      Downtown Fitchburg Retail/Office Space

      1,875 sq ft space in downtown Fitchburg for lease.
      350 Main St, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      2,900 SF

      Retail Space on John Fitch Highway

      Retail suites available in high-traffic Fitchburg location near Route 2.
      353 John Fitch Hwy, Fitchburg, MA 01420
      View Details
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    70 Water St
    Fitchburg, MA 01420-5491
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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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