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Property profile & analytics
OFF-MARKET
Estimated value
$1,355,000
Banks
815 Main St 821 Fitchburg, MA 01420-3111
Individually Owned
10-yr Hold
Free & Clear
Property ID
US38-0312068
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1977
Construction
STEEL FRAME
Total area
32,278 SF
Lot
2 ac (87,142 SF)
Zoning code
DB
APN
FITC M:0030 B:0004 L:0
UPID
US38-0312068
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
-
Workers Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.36M
Owner & transaction history
Workers Cu · 10 yrs held
Workers Cu
since 2016
4 recorded transactions
Zoning & alternative use
DB · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$42 / 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
$38,262
Tax year 2024
Assessed value
$2,583,500
Assessed 2024
Previous assessed
$2,564,800
+0.7% YoY
Effective rate
1.48%
On assessed value
Assessed land
$287,600
Assessed improvement
$2,295,900
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
9
Total area
32,278 SF
Lot
2 ac (87,142 SF)
Zoning code
DB
APN
FITC M:0030 B:0004 L:0
UPID
US38-0312068
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.
Building & site characteristics
From public records
Year built
1977
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
9
Lot
2 ac
Current owner
From public records · entity-resolved
Workers Cu
Individual
Free & Clear · 10 yrs held
Mailing address
815 MAIN ST, FITCHBURG, MA 01420-3111
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jan 9, 2020
—
Carmen Morales
—
Deed
related
$28,000 · Workers Cu
Mar 4, 2016
$96,500
Workers Cu
Workers Cu|fagan,carl
Foreclosure
related
—
Aug 27, 2003
—
Amy E Ashman
—
Deed Of Trust
related
$127,000 · Workers Cu
—
—
Carmen Morales
—
Deed Of Trust
related
$28,000 · Workers Cu
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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