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Financial
Distress signals
Property profile

975 Merriam Ave Leominster, MA 01453

FOR LEASE
Commercial real estate
Property ID
US38-0905305
12.46 ac lot
Last sale May 2023 · $24,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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975 Merriam Ave, Leominster, MA 01453 For Lease
$23,025,000 40,000 SF available
975 Merriam Ave, Leominster, MA 01453
View Listing

Property summary

AI-generated overview

This exceptional retail property, Twin City Shopping Center, located at 975 Merriam Ave in Leominster, Massachusetts (01453), offers a unique opportunity for businesses seeking high-visibility space in Worcester County. The entire 25,830 square foot building is currently vacant, presenting a blank canvas for a single large tenant or multiple smaller occupants. The flexible layout allows for various configurations, with spaces ranging from a minimum of 2,032 square feet to a maximum contiguous…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$121k
Tax billed · 2024
Assessed value$8.32M
Assessed land$1.87M
Assessed improvement$6.45M
Effective rate1.45%

Value estimate

· Oct 2026
$23.03M
$20.72M – $25.33M

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 Firm12.2
Parking Facility9.5
Plumbing Service9.2

Location

975 Merriam Ave Leominster, MA 01453
County assessor Recorded deeds · 2 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1343 Central, Leominster, MA 01453-5907 $70,000 Mar 2025 1,908 SF
28th Washington, Leominster, MA 01453-3126 $250,000 Jul 2024 2,340 SF
107 Un, Leominster, MA 01453-4152 $380,000 Aug 2023 19,098 SF
392 Central, Leominster, MA 01453-6124 $775,000 May 2023 1,008 SF
98 Pleasant, Leominster, MA 01453-3546 $490,000 Apr 2023 3,240 SF
39 Cinema, Leominster, MA 01453-3290 $1,700,000 Mar 2023 7,000 SF
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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