Financial
Distress signals
Property profile

9 Summer St 1 Franklin, MA 02038

OFF-MARKET
Commercial real estate
Property ID
US38-1731268
5,616 SF Built 2006
Last sale Sep 2019 · $2,530,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,114 square foot medical office building, constructed in 2006, offers multiple suites for lease in the vibrant downtown Franklin, MA area. Located at 9 Summer St, with high visibility from E Central St and Route 140, this property boasts a prime location within the central business district. Two spaces are currently available, ranging from 500 to 1,440 contiguous square feet, ideal for a variety of medical or professional office uses. Each space features a desirable open

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$1.16M
Assessed improvement$1.16M
Effective rate1.18%

Value estimate

· Sep 2026
$835k
$752k – $919k
CAP approach$835k
Sales comparison$725k

Realmo valuation models over county records and 52 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 340 recorded sales of this use type
Observed band · Q1–Q3$152 – $399
Qualifying comparables52

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.3
Daycare Center9.3
Pawn Shop9.3

Location

9 Summer St, Unit 1 Franklin, MA 02038-1491
County assessor Recorded deeds · 1 transfer 52 qualifying comp sales Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
353 Lincoln, Franklin, MA 02038-1527 $500,000 Sep 2024 3,023 SF
517 Lincoln, Franklin, MA 02038 $5,000 Jul 2024 4,260 SF
238 Cottage, Franklin, MA 02038-3033 $2,000,000 Sep 2022 27,066 SF
40 Alpine, Franklin, MA 02038-1719 $1,250,000 May 2022 N/A
519 Beaver, Franklin, MA 02038-3038 $300,000 Mar 2022 5,000 SF
340-342 Central, Franklin, MA 02038 $3,600,000 May 2021 2,488 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
6 properties of the same type nearby
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