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    Property profile & analytics

    195 Leicester St Leicester, MA 01542

    • Land
    • 5.49 lot acres
    For Sale
    View listing
    $389,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 195 Leicester St

    Lot size
    5.49 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 5.49-acre parcel of land presents a remarkable industrial development opportunity in Oxford, Massachusetts. Located on Route 56, this property boasts convenient access to major transportation arteries, including Route 20 (just 1.7 miles away) and the Massachusetts Turnpike (MA Pike), ensuring seamless logistics and connectivity for any industrial venture. The land is zoned I - Industrial, providing flexibility for a wide range of development projects. The property's size offers significant potential, with the possibility of subdividing the lot into approximately 2.73-acre parcels, allowing for tailored development plans to suit specific needs. The asking price for this strategically located industrial land is $389,000. This represents a compelling investment opportunity in a thriving area with strong infrastructure and accessibility. The property's location in Worcester County, Massachusetts, provides access to a skilled workforce and a robust regional economy. This is an ideal site for businesses seeking a prime location for expansion or new development in a well-connected and established industrial area. The address is 195 Leicester Street, Oxford, MA 01542.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leicester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9105
    Latitude
    42.2037

    Comparable in this City

    • Value Estimation by Request
      16,800 SF

      112 Huntoon Memorial Hwy

      INDUSTRIAL (GENERAL) • 16,800 SF
      112 Huntoon Memorial Hwy, Rochdale, MA 01542-1307
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    • Value Estimation
      $325,000
      7,152 SF

      710 Pleasant St

      MANUFACTURING (LIGHT) • 7,152 SF
      710 Pleasant St, Rochdale, MA 01542
      View Details
    • Value Estimation
      $290,000
      9,000 SF

      93 Huntoon Memorial Hwy

      WAREHOUSE, STORAGE • 9,000 SF
      93 Huntoon Memorial Hwy, Rochdale, MA 01542-1302
      View Details
    • Value Estimation
      $1,630,000
      52,065 SF

      11 Hankey St

      MANUFACTURING (LIGHT) • 52,065 SF
      11 Hankey St, Rochdale, MA 01542-1132
      View Details
    • Value Estimation
      $320,000
      6,050 SF

      108 Huntoon Memorial Hwy

      MANUFACTURING (LIGHT) • 6,050 SF
      108 Huntoon Memorial Hwy, Rochdale, MA 01542
      View Details
    • Value Estimation by Request
      0.14 Acres

      1143 Stafford St

      BULK STORAGE, TANKS • 0.14 Acres
      1143 Stafford St, Rochdale, MA 01542
      View Details

    Similar Nearby for Sale

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      Oxford Industrial Land - 5.49 Acres

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    195 Leicester St
    Leicester, MA 01542
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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
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