50 Main Street Millville — Photo 1 of 4
$699,900
Investment Analysis — 50 Main Street
Millville, MA 01529
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a home in 01529 carries an estimated $1,270/mo in gross rent — about a 1.30% cap rate and $9,120/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
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Commercial land opportunity with substantial acreage, flexible zoning, and strong owner-user potential. Subdivision is in process with the site expected to total approximately 9.67 acres. Existing improvements include a steel building, but the true value is in the land and the opportunity to develop a site tailored to your business. Excellent fit for contractors, equipment storage, warehouse-oriented users, and a variety of other commercial uses. Concept plans have been explored for a new approximately 7,500 sq ft steel building, with flexibility for size and placement. Convenient highway access and broad development potential make this a compelling business and investment opportunity.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
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Listing Agent: Pete Dufresne
Listing Office: Keller Williams Realty Leading Edge
MLS® Number: 73489460