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Financial
Distress signals
Property profile

435 Lancaster St Leominster, MA 01453

OFF-MARKET
Industrial properties
Property ID
US38-1349296
5.37 ac lot
Last sale Oct 2024 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 20,000-square-foot industrial property, located at 435 Lancaster Street in Leominster, Massachusetts, presents a unique opportunity for businesses seeking versatile space. Situated within the Gateway Business Center complex, this single-tenant building boasts a range of features ideal for manufacturing, flex, warehouse, distribution, or R&D operations. Built in 1972, the property offers a substantial 22-foot clear ceiling height, providing ample room for various industrial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$96k
Tax billed · 2024
Assessed value$6.60M
Assessed land$1.61M
Assessed improvement$4.98M
Effective rate1.45%

Value estimate

· Oct 2026
$3.30M
$2.97M – $3.63M
AI approach$3.30M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$65 – $169

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.

JurisdictionLEOMINSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.9
Dental Office17.9
Pharmacy13.1

Location

435 Lancaster St Leominster, MA 01453-4397
County assessor Recorded deeds · 15 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44 Mead, Leominster, MA 01453-2966 $4,000,000 Feb 2026 62,259 SF
1771 Lck Dr, Leominster, MA 01453 $3,270,000 May 2025 No data
106 Carter, Leominster, MA 01453-7323 $3,750,000 Dec 2024 82,220 SF
45 Francis, Leominster, MA 01453-4911 $3,000,000 Dec 2024 20,000 SF
128 Tolman, Leominster, MA 01453-1926 $6,000,000 Oct 2024 60,000 SF
100 Crawford St, Leominster, MA 01453-2300 $4,000,000 Oct 2024 No data
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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