$640,000 4,760 SF

625 Chandler St,Unit 23, Worcester, MA 01602
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625 Chandler Street in Worcester, Massachusetts includes a commercial office configuration on the second floor, arranged as a fully built-out suite with multiple private offices and a large conference area for professional office use, professional services, or medical-style practice operations. The elevated placement provides separation from street-level activity, and the existing interior layout supports immediate occupancy planning. The property is located with access to major routes and…

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?

$15k

Tax billed · 2024

Assessed value$503k

Assessed land$206k

Assessed improvement$297k

Effective rate3.00%

Value estimate

· Oct 2026

$640k

$576k – $704k

AI approach$650k

Submarket $/SF estimate$633k

NOI build-up

Gross scheduled income$22k

Vacancy & credit loss−$4k

Operating expenses−$4k

NOI · 1,518.17% cap applied$13k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$146/SF

Submarket average, outlier-cleaned · 67 recorded sales of this use type

Observed band · Q1–Q3$81 – $230

Qualifying comparables5

Cap rate analysis

How does the asset earn?

1,518.17%

$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

BL-1

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 Firm17.1

Building Supply12.8

Realty agency12.6

625 Chandler St, Unit 23 Worcester, MA 01602

County assessor Recorded deeds · 5 transfers 5 qualifying comp sales 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 · 18 properties nearby

Address Sale price Sold Size

623 Chandler, Worcester, MA 01602-1776 $750,000 Apr 2024 3,896 SF

1125 Pleasant, Worcester, MA 01602-1640 $2,100,000 Aug 2023 2,254 SF

1086 Pleasant, Worcester, MA 01602-1266 $315,000 May 2022 1,950 SF

1 Annisquam, Worcester, MA 01602-1728 $300,000 Sep 2020 3,314 SF

1122 Pleasant, Worcester, MA 01602-1232 $385,000 Aug 2020 2,894 SF

413 Chandler, Worcester, MA 01602-3329 $230,000 Jul 2019 3,069 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

Value Estimation
$550,000

4,266 SF

1282 Pleasant St

RETAIL STORES (PERSONAL SERVICES)

1282 Pleasant St, Worcester, MA 01602-1668

View Details
Value Estimation
$780,000

5,786 SF

124 June St

RETAIL STORES (PERSONAL SERVICES)

124 June St, Worcester, MA 01602

View Details
Value Estimation
$750,000

3,896 SF

623 Chandler St

RETAIL STORES (PERSONAL SERVICES)

623 Chandler St, Worcester, MA 01602-1776

View Details
Value Estimation
$750,000

6,098 SF

1094 Pleasant St

RETAIL STORES (PERSONAL SERVICES)

1094 Pleasant St, Worcester, MA 01602-1218

View Details
Value Estimation
$490,000

3,708 SF

4 Richmond Ave

RETAIL STORES (PERSONAL SERVICES)

4 Richmond Ave, Worcester, MA 01602-1537

View Details
Value Estimation
$370,000

3,705 SF

1130 Pleasant St

RETAIL STORES (PERSONAL SERVICES)

1130 Pleasant St, Worcester, MA 01602-1618

View Details

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625 Chandler St 23 Worcester, MA 01602

Property summary