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    Property profile & analytics

    8 Franklin St Lenox, MA 01240-2304

    • Turn key restaurants
    • 2,414 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US38-0475700
    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

    • Haven / Restaurant / Breakfast Restaurant

    Property Details for 8 Franklin St

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    2,414 SF
    Zone code
    COMMER
    Property type
    Turn key restaurants
    APN
    LENO M:43 B:191 P:0000 U:00
    APU
    LENOM43B191P0000U00

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lenox
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2833
    Latitude
    42.3596
    CBSA code
    38340
    CBSA name
    PITTSFIELD, MA 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
    $4,880
    $165,800
    $214,000
    $379,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,260 SF

      490 Pittsfield Rd

      RESTAURANT • 4,260 SF
      490 Pittsfield Rd, Lenox, MA 01240-2902
      View Details
    • Value Estimation
      $1,605,000
      5,350 SF

      56 Church St

      RESTAURANT • 5,350 SF
      56 Church St, Lenox, MA 01240-2554
      View Details
    • Value Estimation
      $615,000
      1,857 SF

      80 Church St

      RESTAURANT • 1,857 SF
      80 Church St, Lenox, MA 01240-2554
      View Details
    • Value Estimation
      $335,000
      4,017 SF

      395 Pittsfield Rd

      RESTAURANT • 4,017 SF
      395 Pittsfield Rd, Lenox, MA 01240-2198
      View Details
    • Value Estimation
      $380,000
      1,748 SF

      355 Pittsfield Rd

      RESTAURANT • 1,748 SF
      355 Pittsfield Rd, Lenox, MA 01240-2445
      View Details
    • Value Estimation
      $330,000
      3,972 SF

      506 Pittsfield Rd

      RESTAURANT • 3,972 SF
      506 Pittsfield Rd, Lenox, MA 01240-2354
      View Details

    Similar Nearby for Sale

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      Berkshire Home with Garden View

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    • $250,000
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      Lenox Commercial Land Opportunity

      3-acre commercially zoned parcel on Route 7 in Lenox.
      249 Pittsfield Rd, Lenox, MA 01240
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,705 SF

      Prime Retail Space in Lenox

      Retail space in a high-traffic shopping center in Lenox.
      489-505 Pittsfield Rd, Lenox, MA 01240
      View Details
    • $20 SF/Yr
      4,000 SF

      Retail Building on Heavily-Traveled Road

      Freestanding 4,000 SF retail building at signalized intersection.
      490 Pittsfield Rd, Lenox, MA 01240
      View Details
    • Contact for pricing
      20,631 SF

      Lenox Retail Center For Lease

      High-traffic retail space available. Multiple units, flexible sizes.
      495 Pittsfield Rd, Lenox, MA 01240
      View Details
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    8 Franklin St
    Lenox, MA 01240-2304
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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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