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    1032-1040 Central St Leominster, MA 01453

    For Lease
    $15,000 /Mo

    2.75 acres on Route 12, Leominster, suitable for various businesses.

    Lot size:
    2.77 Acres

    Property Features for 1032-1040 Central St

    General Information

    Lot size
    2.77 Acres

    Building Details

    Year built
    1900

    Source: Century 21 North East Agent Bruce Gallant

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land on Route 12

    This 2.75-acre commercial land is available for rent on Route 12 in Leominster. The location is suitable for high-traffic establishments such as fast-food restaurants, banks, gas stations, or convenience stores. The site benefits from high visibility and a traffic flow of approximately 25,000 vehicles per day. It is located directly across from the Johnny Appleseed Plaza, which features 42,500 square feet of retail space. A long-term lease opportunity of 50+ years is available. Existing small buildings on the premise can be easily removed. There are some wetlands at the back of the property, but they won't hinder most developments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7442507
    Latitude
    42.4991757

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    FAQs

    What type of property is this?
    Commercial land - 2.75 acres on Route 12, Leominster, suitable for various businesses.
    Where is this commercial land located?
    The property is located at 1032-1040 Central St Leominster, MA.
    What are key features of this property?
    This property features: - Prime commercial land on high-traffic Route 12 with approximately 25,000 vehicles per day.; - 2.75 acres suitable for fast-food, banks, gas stations, or convenience stores.; - Located directly across from Johnny Appleseed Plaza (42,500 sq ft retail).
    (978) 537-1900
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    1032-1040 Central St Leominster, MA 01453
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1032-1040 Central St Leominster, MA 01453
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