Financial
Distress signals
Property profile

69 Main St 4 Leicester, MA 01524

FOR SALE
Manufacturing properties
Property ID
US38-1269600
69,349 SF 26.25 ac lot Built 1880
Last sale Oct 2023 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office suite located at 69 Main Street, Unit #4, in Leicester, Massachusetts, approximately 6,500 square feet in size. The suite features 12 or more private offices, multiple conference rooms, and a flexible internal layout that can accommodate varying workplace needs, including potential subdivision or expansion. The space was renovated and includes modern interior finishes configured for both private work areas and collaborative meeting spaces. The building is positioned near the Worcester city line and provides on-site parking for staff and visitors.

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 · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$2.27M
Assessed land$620k
Assessed improvement$1.65M
Effective rate1.25%

Value estimate

· Sep 2026
$1.14M
$1.03M – $1.25M
AI approach$1.27M
Sales comparison$1.37M
NOI build-up
Gross scheduled income$195k
Vacancy & credit loss−$37k
Operating expenses−$39k
NOI · 789,753.33% cap applied$118k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$36 – $125
Qualifying comparables3

Cap rate analysis

How does the asset earn?
789,753.33%
$118k 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?
B
Zoning Map Amendment: Sargent Street Vicinity. To amend the Zoning Map to rezone the following parcels from Residential 2 (R2) to Busines...
General categoryCOMMERCIAL
JurisdictionLEICESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.5
Dental Office19.4
Restaurant14.3

Location

69 Main St, Unit 4 Leicester, MA 01524
County assessor Recorded deeds · 6 transfers 3 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

1 recorded sale · 5 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
488 Stafford, Cherry Valley, MA 01611-3307 $1,200,000 Jan 2025 7,396 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
5 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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