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Property profile & analytics
FOR SALE
Office buildings
76 Summer St, Fitchburg, MA 01420
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1272059
For Sale
1 / 42
$3,600,000
76 Summer St, Fitchburg, MA 01420
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
STEEL FRAME
Total area
55,435 SF
Lot
2.29 ac (99,691 SF)
Zoning code
NB
APN
FITC M:0070 B:0013 L:0
UPID
US38-1272059
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
-
Nurse Next Door Home Care Services - Gardner Geriatric Care Provider Nursing Home
-
Folman Rina Z Physician Medical Clinic
-
Legacy Heirloom Portrait Studio (Bike/Boat/Book/etc) Store Photography Service
-
Quest Diagnostics MA LLC Fitchburg Summer Street - Employer Drug Testing Not Offered Medical Laboratory Diagnostic Center
-
Independent Immigration Service Inc. Immigration & Naturalization Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.85M
Blend (final)
Blend
$3.05M
Owner & transaction history
Crown Point Fitchburg LLC · 20 yrs held
Crown Point Fitchburg LLC
since 2006
5 recorded transactions
Zoning & alternative use
NB · Fitchburg, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,040,000
Current use
INDUSTRIAL (GENERAL)
$4,435,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.05M
Range $2.75M – $3.36M · ±10%
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
$55 / 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
$47,796
Tax year 2024
Assessed value
$3,227,300
Assessed 2024
Previous assessed
$3,088,000
+4.5% YoY
Effective rate
1.48%
On assessed value
Assessed land
$329,000
Assessed improvement
$2,898,300
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1969
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
24
Bathrooms
16
Total area
55,435 SF
Lot
2.29 ac (99,691 SF)
Zoning code
NB
APN
FITC M:0070 B:0013 L:0
UPID
US38-1272059
Jurisdiction
FITCHBURG
Zoning & alternative use
NB · Fitchburg, MA
Zoning NB · permitted uses
NB · 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
OFFICE BUILDING Current
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
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
1969
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
24
Bathrooms
16
Lot
2.29 ac
Current owner
From public records · entity-resolved
Crown Point Fitchburg LLC
Entity
Mailing address
PO BOX 1483, FITCHBURG, MA 01420-0011
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2008
—
Crown Point Fitchburg LLC
—
Deed Of Trust
related
$3,000,000 · Avidia Bank
Jun 30, 2006
$3,623,517
Crown Point Fitchburg LLC
76 Summer Street RT
Grant Deed
$3,000,000 · 76 Summer Street RT
Oct 8, 2003
—
76 Summer Street RT
—
Deed Of Trust
related
$1,000,000 · Commerce Bank & Trust
Dec 20, 2002
—
76 Summer St. RT
—
Deed Of Trust
related
$750,000 · Nicole Moorshead
Oct 20, 2000
$1,475,000
76 Summer St. RT
Bkb Commercial Mtg T
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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