Financial
Distress signals
Property profile

438 Park Ave Worcester, MA 01610

OFF-MARKET
Other investment properties
Property ID
US38-0888287
3,798 SF 0.14 ac lot Built 1900
Last sale Sep 2022 · $670,000
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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Property summary

AI-generated overview

The property is a vacant salon/barber shop space that was previously operated as a hair salon for more than 10 years. The first floor includes an open area suitable for approximately six stations plus one wash station, along with two private rooms and two half bathrooms. The lower level contains two additional rooms. The building has a covered entry from the sidewalk to the front door. It is located in a densely populated area with a mix of retail, office, and residential uses, approximately

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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

What does the county charge?
Assessed value · 2024$493k
Assessed land$131k
Assessed improvement$362k

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$545k
CAP approach$790k
Sales comparison$475k

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

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$48 – $140
Qualifying comparables5

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-3
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility15.1
Dry Cleaner11.3
Gym & Fitness9.1

Location

438 Park Ave Worcester, MA 01610-1332
County assessor Recorded deeds · 2 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
59 Ward, Worcester, MA 01610-2394 $475,000 Jan 2024 3,476 SF
19 Kelley, Worcester, MA 01610-2743 $625,000 Nov 2023 3,360 SF
155 Millbury, Worcester, MA 01610-2816 $369,900 Oct 2023 4,180 SF
345 Park, Worcester, MA 01610-1002 $900,000 Sep 2022 3,296 SF
8 Ellsworth, Worcester, MA 01610-4005 $200,000 Apr 2022 3,343 SF
465 Park, Worcester, MA 01610-1230 $435,000 Jul 2021 4,785 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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