$1,075,000 7,758 SF

881 South St,Unit 3, Fitchburg, MA 01420
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A ground-floor office suite located at 881 South Street, Suite 3, in Fitchburg, Massachusetts, with approximately 2,094 square feet of flexible interior space. The suite features a layout designed to be configured to business needs and is suitable for general office use or medical-related office use; it is positioned adjacent to an existing pediatric dental practice. The building was constructed in 1956. The property provides convenient access to Route 2 and is located within about one mile of Route 2, with ample on-site parking available for visitors and employees.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$11k

Tax billed · 2024

Assessed value$718k

Assessed land$157k

Assessed improvement$560k

Effective rate1.48%

Value estimate

· Oct 2026

$1.08M

$968k – $1.18M

AI approach$970k

Submarket $/SF estimate$856k

NOI build-up

Gross scheduled income$53k

Vacancy & credit loss−$4k

Operating expenses−$20k

NOI · 1,126.42% cap applied$29k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$91/SF

ZIP average, outlier-cleaned · 35 recorded sales of this use type

Observed band · Q1–Q3$33 – $138

Qualifying comparables3

Cap rate analysis

How does the asset earn?

1,126.42%

$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

General categoryCOMMERCIAL

JurisdictionFITCHBURG

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency24.6

Law Firm21.9

Wholesale Shop18.2

881 South St, Unit 3 Fitchburg, MA 01420

County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby

Address Sale price Sold Size

155 Airport, Fitchburg, MA 01420-8142 $1,850,000 Jan 2025 5,437 SF

164 Elm, Fitchburg, MA 01420-3192 $330,000 May 2024 6,168 SF

12 Brk, Fitchburg, MA 01420-3102 $243,200 Jun 2023 5,606 SF

348 Lunenburg, Fitchburg, MA 01420-2780 $550,000 Mar 2023 10,988 SF

100 Franklin, Fitchburg, MA 01420-5227 $5,800,000 Nov 2022 5,352 SF

298-300 Main, Fitchburg, MA 01420 $110,300 Jun 2022 5,280 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$180,000

8,184 SF

759 Main St, Unit 769

OFFICE BUILDING

759 Main St, Fitchburg, MA 01420-3111

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Value Estimation
$290,000

7,048 SF

15 Ee St

OFFICE BUILDING

15 Ee St, Fitchburg, MA 01420-3513

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Value Estimation
$1,500,000

8,960 SF

50 Whalon St

OFFICE BUILDING

50 Whalon St, Fitchburg, MA 01420-7138

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Value Estimation
$540,000

5,952 SF

860 Ss St

OFFICE BUILDING

860 Ss St, Fitchburg, MA 01420-6903

View Details
Value Estimation
$315,000

5,712 SF

21 Culley St

OFFICE BUILDING

21 Culley St, Fitchburg, MA 01420-3509

View Details
Value Estimation
$225,000

5,382 SF

19-21 Oliver St

OFFICE BUILDING

19-21 Oliver St, Fitchburg, MA 01420

View Details

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881 South St 3 Fitchburg, MA 01420

Property summary