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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Investment properties
773 Main St 779, Fitchburg, MA 01420-3111
Entity Owned
Property ID
US38-1065723
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
FRAME
Total area
8,500 SF
Lot
0.1 ac (4,348 SF)
Zoning code
DB
APN
FITC M:0030 B:0008 L:0
UPID
US38-1065723
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
-
Grizz Gang Forever Studios LLC Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$700k
Owner & transaction history
M Jemms Fitchburg I LLC
M Jemms Fitchburg I LLC
since 2025
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
DB · Fitchburg, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+88.3%
Retail stores
$1.0M
+83.6%
Apartment house (5+ units)
$1.0M
+79.0%
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
$640,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$570,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,075,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$1,045,000
Change: +84% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,020,000
Change: +79% · Conversion: Moderate
WAREHOUSE, STORAGE
$855,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: +36% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $750k (Jan 10 2023)
Last sale anchor
$750k
Jan 10 2023
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
$82 / 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
$11,278
Tax year 2024
Assessed value
$761,500
Assessed 2024
Previous assessed
$434,400
+75.3% YoY
Effective rate
1.48%
On assessed value
Assessed land
$192,000
Assessed improvement
$569,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
8
Rooms
32
Bathrooms
10
Total area
8,500 SF
Lot
0.1 ac (4,348 SF)
Zoning code
DB
APN
FITC M:0030 B:0008 L:0
UPID
US38-1065723
Jurisdiction
FITCHBURG
Zoning & alternative use
DB · Fitchburg, MA
Zoning DB · permitted uses
DB · 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
COMMERCIAL (GENERAL) Current
Est. value
$570,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$775,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1890
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
8
Rooms
32
Bathrooms
10
Lot
0.1 ac
Current owner
From public records · entity-resolved
M Jemms Fitchburg I LLC
Entity
Mailing address
773 MAIN ST #779, FITCHBURG, MA 01420-3111
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
$1,150,000
M Jemms Fitchburg I LLC
Merrimack Vly Rlty Grp Ll
Deed
$862,500 · Jeanne D Arc Cu
May 1, 2025
—
Merrimack Vly Rlty Grp
—
Deed
related
$472,500 · St Marys Bank
Jan 29, 2025
—
Merrimack Vly Rlty Grp
—
Deed
related
$715,000 · St Marys Bank
Jan 10, 2023
$750,000
Merrimack Vly Rlty Grp
773-779 Main Street LLC
Quit Claim Arm's Length For Ne States
$562,500 · M & T Bank
Mar 29, 2021
—
773-779 Main Street LLC
—
Deed
related
$60,800 · Td Bank NA
May 8, 2018
$400,000
773-779 Main Street Ll
James Tsoukalas
Quit Claim Arm's Length For Ne States
$300,000 · Td Bank NA
Mar 9, 2004
$467,950
James Tsoukalas
Blombach,john D
Grant Deed
$344,000 · Banknorth NA
Jul 1, 2002
$235,000
John D Blombach
Donfro,mario
Grant Deed
$160,000 · Zenon Grzybowski
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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