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    The Largest CRE Database in the US with Over 1 Million Listings

    Derek J Greene, Worcester, MA

    License ID: REB.0758797
    Years of Experience
    19

    Service Locations

    Contact details

    Phone:
    (860) 560-1006
    Office Address:
    20 Hickory Dr, Townsend, MA 01469

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Land
    • Residential Multi Family

    Performance

    Listings
    78
    Total transactions
    2,363
    Total transactions amount
    $1B
    Price range
    $333.3M - 750M
    Average price
    $500M

    Listings

    For Sale (77)

    View map
    • $98,500
      2.11 Acres

      Land in Lebanon, Connecticut

      Residential land with drilled well in Lebanon, Connecticut.
      59 Trumbull Hwy, Lebanon, CT 06249
      View Details
    • $1,049,000
      Pending

      Two-Family Home with Detached Garage

      Two-family home with a two-car garage in Greenwich, CT.
      116 Hamilton Ave, Greenwich, CT 06830
      View Details
    • $799,000
      Pending

      Far Rockaway Duplex with Pool

      Spacious duplex in Far Rockaway near the beach with pool.
      2810 Brookhaven Ave, Far Rockaway, NY 11691
      View Details
    • Contact for pricing
      Pending

      Livingston Manor Buildable Lot

      1.87-acre lot in the heart of Livingston Manor, NY.
      Back Shandelee Rd, Livingston Manor, NY 12758
      View Details
    • New
      $159,900
      Pending

      Wooded Land in Forestburgh, NY

      20.08-acre wooded parcel in Lakeside Forest Subdivision.
      Plank Rd, Forestburgh, NY 12777
      View Details
    • New
      Contact for pricing
      1.80 Acres

      Vacant Land in Plainfield, CT

      1.8 acre residential lot with road frontage and utilities.
      Norwich Rd, Plainfield, CT 06374
      View Details
    • $299,690
      Pending

      Spacious Multifamily Property in Kingston

      Multi-family property with 7 bedrooms in desirable Uptown Kingston.
      154 Fair St, Kingston, NY 12401
      View Details
    • $200,000
      1.91 Acres

      Hinesburg Land Parcel For Sale

      1.91 acre lot ready for construction in Hinesburg, VT.
      00 Observatory Rd, Hinesburg, VT 05461
      View Details
    • New
      $2,300,000
      3,604 SF

      Versatile Three-Family Home in Provincetown

      Three-unit property near downtown and National Seashore with income potential.
      14 Nelson Ave, Provincetown, MA 02657
      View Details
    • $699,999
      2,930 SF

      Three-Story Duplex in Far Rockaway

      Three-story duplex with fenced yard and parking in Far Rockaway.
      2918 Beach Channel Dr, Far Rockaway, NY 11691
      View Details
    • $5,780,000
      35.00 Acres

      Tiverton Farmstead on 35+ Acres

      35+ acre farmstead ready for your plans in Tiverton.
      3118 Main Rd, Tiverton, RI 02878
      View Details
    • $700,000
      0.45 Acres

      Residential Lots Package in Cranston

      Four approved residential lots with certificates and utilities available.
      Burton St, Cranston, RI 02920
      View Details
    • $185,000
      Pending

      Walton, NY Rural Land

      46.75 acres with electric, septic, and spring water source.
      1990 Finch Hollow Rd, Walton, NY 13856
      View Details
    • $1,200,000
      4.85 Acres

      Commercial Land with Frontage

      Commercial land for sale with subdividable frontage in Conway, NH.
      151 Rte, Conway, NH 03845
      View Details
    • $279,900
      Pending

      Newburgh Triplex Investment Opportunity

      Triplex in Newburgh, NY with income potential after renovation.
      225 Dubois St, Newburgh, NY 12550
      View Details
    • $1,995,000
      3.25 Acres

      Tuxedo Park Office/Residential Opportunity

      Unique mid-century modern space with approved office use and residential potential.
      60 Woods Rd, Tuxedo Park, NY 10987
      View Details
    • $225,000
      31.00 Acres

      31 Acres Vacant Land Sterling

      31 acres of vacant land with natural streams.
      Church St, Sterling, CT 06377
      View Details
    • $2,375,000
      15.00 Acres

      Tiverton, RI 15 Acre Land

      15 acre dividable land near beaches, hiking, and Newport.
      Main Rd, Tiverton, RI 02878
      View Details
    • $547,000
      1.29 Acres

      Waterfront Lot on Town Cove

      Shovel-ready 1.29-acre waterfront lot with approved plans.
      320 State Hwy, Eastham, MA 02642
      View Details
    • $250,000
      Pending

      Waterfront Double Lot in Broad

      Double lot property on the water with dock potential.
      33 W 12Th Rd, Broad Channel, NY 11693
      View Details
    • $499,900
      0.81 Acres

      Commercial Land with New House

      Commercially zoned land with new handicap-accessible 2BR house.
      395 Route 108, Somersworth, NH 03878
      View Details
    • New
      $625,000
      1,859 SF

      Renovated Multi-Family in Dover

      Fully renovated two-unit property in a prime Dover location.
      9 Lowell Ave, Dover, NH 03820
      View Details
    • $269,900
      Pending

      Newburgh Multifamily Home For Sale

      Multifamily home with two units, ideal for investors.
      204 S William St, Newburgh, NY 12550
      View Details
    • $1,125,000
      Pending

      New Saint Albans Two-Family Home

      New construction two-family home with modern amenities and income potential.
      121-09 195Th St, Saint Albans, NY 11413
      View Details
    • $1,200,000
      0.07 Acres

      Colonial Multi-Family Home, Laurelton

      Two-family colonial in Laurelton, featuring a 3/3/1 layout.
      137-15 220Th Pl, Laurelton, NY 11413
      View Details
    • $1,075,000
      103.76 Acres

      Norwich Farm Land For Sale

      100+ acre farm ideal for subdivision or equestrian estate.
      Plain Hill Rd, Norwich, CT 06360
      View Details
    • $363,000
      1.65 Acres

      Brooklyn Land Parcels Available

      Sub-dividable land parcels in a desirable location.
      Wolf Den Rd, Brooklyn, CT 06234
      View Details
    • $1,339,000
      0.06 Acres

      Brooklyn Land Parcel For Sale

      Rare Brooklyn land parcel with development potential in coveted location.
      2349 Dean St, Brooklyn, NY 11233
      View Details
    • $2,195,000
      216.00 Acres

      216 Acres of Gorgeous Woodland

      Sub-dividable 216-acre woodland tract with road frontage.
      333 Breakneck Hill Rd, Killingly, CT 06241
      View Details
    • $69,000
      8.00 Acres

      8-Acre Parcel in Sandgate, VT

      8-acre parcel with wooded areas, rolling terrain, and mountain views.
      1337 Chunks Brook Rd, Sandgate, VT 05250
      View Details
    • $1,995,000
      168.40 Acres

      Lebanon Farm with River Access

      168+ acre farm featuring river, pond, and cultivated land.
      65 Trumbull Hwy, Lebanon, CT 06249
      View Details
    • $1,150,000
      0.06 Acres

      New Two-Family Home, Saint Albans

      Newly constructed two-family home with modern amenities and investment potential.
      121-11 195Th St, Saint Albans, NY 11413
      View Details
    • $200,000
      2.66 Acres

      Hinesburg Land Parcel For Sale

      2.66 acre parcel ready for construction in Hinesburg, VT.
      00 Observatory Rd, Hinesburg, VT 05461
      View Details
    • $115,000
      0.97 Acres

      Approved Building Lot For Sale

      Approved 0.97 acre building lot, ready to build.
      39 W Vernon St, Manchester, CT 06040
      View Details
    • New
      $799,000
      Pending

      West Hempstead Two-Family Home

      Well-maintained two-family home with rental income potential.
      618 Jennings Ave, West Hempstead, NY 11552
      View Details
    • $2,816,000
      11.00 Acres

      Killingly Commercial Land For Sale

      Level land ideal for development in Killingly, Connecticut.
      842 Hartford Pike, Killingly, CT 06241
      View Details
    • $129,900
      2.34 Acres

      Land in Emily's Valley

      Residential land in a neighborhood of high-value homes.
      165 Lisbon Rd, Canterbury, CT 06331
      View Details
    • $1,295,000
      4,000 SF

      Brooklyn Residence: Development Potential

      Expansive Brooklyn residence with 10-unit development potential.
      637 Rockaway Pkwy, Brooklyn, NY 11236
      View Details
    • $999,000
      6.30 Acres

      Offshore Land Parcel in Staten Island

      6.3 acres of underwater land near Staten Island shoreline.
      Neutral Ave, Staten Island, NY 10306
      View Details
    • $399,000
      2.19 Acres

      Pelham, NH Land Opportunity

      2+ acre lot in Pelham, NH near Tuscan Village.
      25 Newbury Rd, Pelham, NH 03076
      View Details
    • $299,900
      0.51 Acres

      Fixer-Upper with Income Potential

      Red Hook village home with accessory unit and renovation potential.
      7 Smith St, Red Hook, NY 12571
      View Details
    • $2,150,000
      180.00 Acres

      Expansive Land Parcel in Columbia, CT

      180-acre land parcel bordering Mono Pond State Park Reserve.
      Zola Rd, Columbia, CT 06237
      View Details
    • $349,000
      0.42 Acres

      Approved Building Lot in Congers

      Approved building lot with plans ready to start construction.
      142 Old Haverstraw Rd, Congers, NY 10920
      View Details
    • $242,900
      30.00 Acres

      30-Acre Wooded Parcel in Narrowsburg

      Rare 30-acre wooded parcel in desirable Hudson Valley river town.
      Mathias Weiden Dr, Narrowsburg, NY 12764
      View Details
    • New
      $38,900
      0.39 Acres

      Rhinebeck Land For Sale

      0.39-acre partially wooded lot in Rhinebeck, NY.
      Silver Lake Rd, Rhinebeck, NY 12572
      View Details
    • $605,000
      0.24 Acres

      Established Chicopee Bar & Grill

      Turnkey operation, high revenue potential.
      300 Carew St, Chicopee, MA 01020
      View Details
    • $95,000

      Building Lot Near Shenandoah River

      Level lot with mature trees, well and septic approved.
      6 Hackberry Ln, Bluemont, VA 20135
      View Details
    • $559,899
      2,072 SF

      Renovated 1920s Brick Building

      Completely rebuilt interior, suitable for bar, restaurant, or retail.
      340 Hamilton St, Albany, NY 12205
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Fairway Dr, Mount Jackson, VA 22842
      View Details
    • $169,900

      Norfolk Land For Sale

      Land available for sale in Norfolk, Virginia.
      1231 W 27Th St, Norfolk, VA 23508
      View Details
    • $319,900

      King George Specialty Property

      Specialty property for sale in King George, Virginia.
      10482 Esquire Ln, King George, VA 22485
      View Details
    • $119,500

      Land Available on Ferry Road

      Land for sale on East Ferry Road in Gladys, VA.
      4124 EAST Ferry Rd, Gladys, VA 24554
      View Details
    • $355,000

      Specialty Property for Sale

      Specialty property available for purchase.
      115 Earl Ave, Hamden, CT 06514
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      00 Poor House Rd, Lawrenceville, VA 23868
      View Details
    • $328,000

      Renovated Apartment Near Transportation

      Newly renovated 2-bedroom apartment near LIRR and buses.
      43-25 Douglaston Pkwy, Flushing, NY 11363
      View Details
    • $1,999,999

      Arlington Specialty Property For Sale

      Specialty property available in Arlington, Virginia.
      739 22Nd St S, Arlington, VA 22202
      View Details
    • $69,900

      Unrestricted Land in Appalachian Mountains

      Unrestricted land near recreation areas, ideal for building.
      00 Rabbit Rdg, Cleveland, VA 24225
      View Details
    • Contact for pricing

      Land for Recreation, Farming, Residing

      Versatile land suitable for residing, farming, or recreation.
      00 Phillipsport Rd, Wurtsboro, NY 12790
      View Details
    • $89,900

      Land For Sale

      Land available for sale.
      00 Old Courthouse Rd, Appomattox, VA 24522
      View Details
    • $399,900

      Norwich Specialty Property For Sale

      Specialty property available for purchase in Norwich, Connecticut.
      17 Nemczuk Dr, Norwich, CT 06360
      View Details
    • $59,900

      Land For Sale

      Land available for sale in Kents Store, Virginia.
      Kents Store Way, Kents Store, VA 23084
      View Details
    • Contact for pricing

      Undeveloped Land in Henrico

      Raw land available for sale in Henrico County.
      13 Fernwood St, Richmond, VA 23228
      View Details
    • $515,000

      Woodbridge Specialty Property For Sale

      Specialty property available for purchase in Woodbridge, Virginia.
      1520 Maryland Ave, Woodbridge, VA 22191
      View Details
    • $300,000

      Renovated 1-Bedroom in Acropolis Gardens

      Renovated 1-bedroom in Astoria with ultra-low maintenance fees.
      21-37 33Rd St, Queens, NY 11103
      View Details
    • $74,900

      Land For Sale

      Land available for purchase.
      00 Fountain Gate Rd, Heathsville, VA 22473
      View Details
    • $94,900

      Spacious Duplex with Garage

      Duplex with separate utilities, garage, and strong cash flow.
      1005 Pennsylvania Ave, Elmira, NY 14904
      View Details
    • $59,000

      Versatile Two-Unit Property

      Two-unit property with flexible options for investors or homeowners.
      125 4Th St, Rome, NY 13440
      View Details
    • $139,900

      Land Available For Sale

      Land available for sale in Montross, Virginia.
      00 Menokin Rd, Montross, VA 22520
      View Details
    • $59,900

      Land For Sale

      Land available for sale.
      5166 Vandermark Rd, Scio, NY 14880
      View Details
    • $120,000

      Land For Sale

      Land available for purchase.
      00 Westridge Dr, Churchville, VA 24421
      View Details
    • $139,900

      Land For Sale

      Land available for sale.
      00 Erica Rd, Montross, VA 22520
      View Details
    • Contact for pricing

      Lindenwood Garden Co-Op Apartment

      Two-bedroom, one-bathroom co-op with updated kitchen and bathroom.
      15023 89Th St, Jamaica, NY 11414
      View Details
    • $870,000

      Falls Church Specialty Property

      Specialty property available for sale in Falls Church, Virginia.
      3320 Slade Run Dr, Falls Church, VA 22042
      View Details
    • Contact for pricing

      Allegany County Acreage For Sale

      Private acreage in Allegany County ideal for recreation.
      00 Pump Station Rd, Alma, NY 14895
      View Details
    • $1,230,000

      Stamford Specialty Property For Sale

      Specialty property available for purchase in Stamford, Connecticut.
      401 Wildwood Rd, Stamford, CT 06903
      View Details
    • $59,900

      Land For Sale

      Land available for purchase.
      6460 Indian Valley Rd, Willis, VA 24380
      View Details
    • $2,816,000

      Development Land on Hartford Pike

      Level land ideal for development in Killingly, Connecticut.
      842 Hartford Pike, Killingly, CT 06241
      View Details

    For Lease (1)

    View map
    • Contact for pricing
      5,500 SF

      Commercial Space in Plymouth, NH

      Retail space available for lease in Plymouth, New Hampshire.
      12 Yeaton Rd, Plymouth, NH 03264
      View Details

    Leases and Sales on Map

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    Derek J Greene, Worcester, MA
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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