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Property profile

653 Worcester Rd Framingham, MA 01701

OFF-MARKET
Other retail properties
Property ID
US38-0458154
20,364 SF 2.7 ac lot Built 1993
Last sale Jan 2023 · $10,150,508
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a three-tenant retail shopping center totaling 20,693 square feet, located at 653 Worcester Rd in Framingham, Massachusetts. The center is configured to accommodate three separate commercial tenants, including a Walgreens location, AAA, and Supercuts. The tenant spaces are governed by long-term lease arrangements, with Walgreens subject to a newer sale-leaseback structure and AAA and Supercuts having remaining lease terms of approximately 6.6 years (each extended through 2028).

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 · 2024

What does the county charge?
$112k
Tax billed · 2024
Assessed value$4.42M
Assessed land$1.05M
Assessed improvement$3.37M
Effective rate2.54%

Value estimate

· Oct 2026
$9.08M
$8.17M – $9.99M
AI approach$8.58M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$215/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$126 – $297
Qualifying comparables6

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?
B
B-1), Community Business (B-2), General Business (B-3 and B-4), Central Business (CB), and Business (B). (1) Neighborhood Business: B-1. ...
General categoryCOMMERCIAL
JurisdictionFRAMINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop10.2
Pawn Shop9.3
Storage Facility9.1

Location

653 Worcester Rd Framingham, MA 01701-5222
County assessor Recorded deeds · 4 transfers 6 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
221 Worcester, Framingham, MA 01701-5347 $1,500,000 Oct 2024 6,280 SF
355 Cochituate, Framingham, MA 01701 $21,058,074 Nov 2023 103,620 SF
26 Whittier, Framingham, MA 01701-4621 $28,092,000 Oct 2023 117,056 SF
235 Worcester, Framingham, MA 01701-5346 $2,400,000 Aug 2022 8,736 SF
929 Worcester, Framingham, MA 01701-5236 $1,650,000 Feb 2022 10,097 SF
235 Old Connecticut, Framingham, MA 01701-4575 $23,200,000 Nov 2020 80,180 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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