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Financial
Distress signals
Property profile

487 Burncoat St Worcester, MA 01606

OFF-MARKET
Other investment properties
Property ID
US38-1137583
0.27 ac lot
Last sale Dec 2025 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes an office suite configured for professional and administrative use, featuring a large open area, five private offices, and two bathrooms, with an internal layout that combines collaborative and enclosed workspaces. It is located on Burncoat Street in Worcester and provides street presence suitable for signage visibility. An on-site parking lot supports customer and staff parking. The location offers convenient access to Interstates 290 and 190, and the suite is set up under a triple-net (NNN) lease structure.

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

What does the county charge?
Assessed value · 2024$548k
Assessed land$199k
Assessed improvement$349k

Value estimate

· Oct 2026
$750k
$675k – $825k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
Submarket average, outlier-cleaned · 212 recorded sales of this use type
Observed band · Q1–Q3$70 – $152

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

What can be built here?
RS-7
The purpose of the RS-7 is the promotion of residential uses and related uses
General categoryRESIDENTIAL
JurisdictionWORCESTER

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 Firm16.6
Electrical Service11.1
Skin Care Clinic10.6

Location

487 Burncoat St Worcester, MA 01606-1407
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
107 Mtn, Worcester, MA 01606-1401 $860,000 Nov 2024 4,522 SF
352 Boylston, Worcester, MA 01606-2177 $730,000 Nov 2024 7,427 SF
374 Boylston, Worcester, MA 01606 $800,000 May 2024 5,012 SF
859 Boylston, Worcester, MA 01606-3075 $549,000 Oct 2022 No data
363 Burncoat, Worcester, MA 01606-3130 $545,000 Jan 2022 4,118 SF
716 Boylston, Worcester, MA 01606-3074 $315,000 Sep 2020 1,952 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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