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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Manufacturing properties
759 Water St, Fitchburg, MA 01420-6479
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-0924993
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1959
Construction
STEEL FRAME
Total area
54,679 SF
Lot
6.1 ac (265,716 SF)
Zoning code
AI
APN
FITC M:0122 B:0021 L:0
UPID
US38-0924993
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
-
Wachusett Potato Chip Co Inc Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$3.60M
Owner & transaction history
Ma Potato Chip Mfg LLC · 2 yrs held
Ma Potato Chip Mfg LLC
since 2024
Last sale
$3.6M
4 recorded transactions
Zoning & alternative use
AI · Fitchburg, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.5M
+25.4%
Office building
$5.0M
+13.6%
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 Fitchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fitchburg 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
$3,600,000
ML approach
$3,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,375,000
Current use
WAREHOUSE, STORAGE
$5,485,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$4,975,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±10% · vs last sale $3.60M (Apr 23 2024)
Last sale anchor
$3.60M
Apr 23 2024
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
$66 / 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
$33,916
Tax year 2024
Assessed value
$2,290,100
Assessed 2024
Previous assessed
$2,290,100
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$864,600
Assessed improvement
$1,425,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1959
Construction
STEEL FRAME
Heating
RADIANT
Buildings
1
Stories
2
Units
1
Bathrooms
5
Total area
54,679 SF
Lot
6.1 ac (265,716 SF)
Zoning code
AI
APN
FITC M:0122 B:0021 L:0
UPID
US38-0924993
Jurisdiction
FITCHBURG
Zoning & alternative use
AI · Fitchburg, MA
Zoning AI · permitted uses
AI · Fitchburg, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fitchburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.0M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
STEEL FRAME
Heating
RADIANT
Stories
2
Buildings
1
Units
1
Bathrooms
5
Lot
6.1 ac
Current owner
From public records · entity-resolved
Ma Potato Chip Mfg LLC
Entity
Free & Clear · 2 yrs held
Mailing address
759 WATER ST, FITCHBURG, MA 01420-6479
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2024
$3,600,000
Ma Potato Chip Mfg LLC
Utz Quality Foods LLC
Quit Claim Arm's Length For Ne States
—
Oct 18, 2022
—
Utz Quality Foods LLC
—
Deed
related
$88,140,000 · City National Bank
Mar 10, 2020
—
Utz Quality Foods LLC
Srs Leasing
Quit Claim Deed
related
—
Sep 30, 2011
$1,700,000
Srs Leasing
Wachusett Potato Chip Co
Grant Deed
—
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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