270 MainSpencer, MA 01562

  • Office properties
  • 2,937 SF
Off market
$5,195,010 Estimated

Property Details for 270 Main

Year built
1880
Lot size
0.52 AC
Property size (Sq ft)
2,937 SF
Property type
Office properties
Property subtype
Office buildings
APN
SPEN M:00U06 B:00053 L:00000
APU
SPENM00U06B00053L00000

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $485,574
    6.5%
    $448,222
    7%
    $416,206
  • Comparable approach

    Method
    Valuation
    Relative Method
    $383,748
    Geo Method
    $383,748
  • Alternative Use

    Use
    Valuation
    Residential
    $555,795
    Hospitality
    $509,105
    Educational
    $423,570
    Medical
    $438,137
    Retail
    $658,886
270 Main, Spencer, Massachusetts
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Location Insight

City
Spencer
County
Worcester
State
Massachusetts
Latitude
42.2485
Longitude
-71.9831
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,166
$60,800
$303,400
$364,200
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