Property profile

507 Main St Worcester, MA 01608

OFF-MARKET
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Property ID
US38-1199015
76,790 SF 0.21 ac Built 1885
Last sale Aug 2014·$5,000,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A 1,173-square-foot retail space is located on Main Street in Worcester within a commercial district, with frontage providing street visibility. The space features a modern glass storefront and an interior layout designed as a flexible, open floor plan that can be adapted for uses such as retail, wellness, professional services, or a creative studio.

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$9.30M
Assessed land$2.25M
Assessed improvement$7.05M

Value estimate

· Nov 2026
$7.04M
$6.33M – $7.74M
AI approach$7.29M
Submarket $/SF estimate$4.87M

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

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?
BG-6
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.5
Pet Store8.4
Veterinary Clinic8.1

Location

507 Main St Worcester, MA 01608-1815
County assessor Recorded deeds · 12 transfers 4 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

5 recorded sales · 10 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
588 Main, Worcester, MA 01608-2014 $6,000,000 Jan 2024 34,843 SF
600 Main, Worcester, MA 01608-2061 $41,400,000 Dec 2023 241,620 SF
66 Franklin, Worcester, MA 01608-1903 $1,550,000 Mar 2020 24,861 SF
50 Franklin, Worcester, MA 01608-1933 $9,370,000 Mar 2020 236,409 SF
426 Main, Worcester, MA 01608-1707 $460,000 Jan 2019 15,435 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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