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Financial
Distress signals
Property profile

1 New Bond St Worcester, MA 01606

FOR SALE
Industrial properties
Property ID
US38-1744903
16.6 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1 New Bond St, Worcester, MA 01606 For Sale
$545,000
1 New Bond St, Worcester, MA 01606
View Listing

Property summary

AI-generated overview

This exceptional 51-acre industrial land parcel in Worcester, Massachusetts, presents a unique redevelopment opportunity. Currently occupied by Saint-Gobain Abrasives, Inc., which is relocating, the property is poised for transformation. Recently acquired by a non-profit subsidiary of the Worcester Business Development Corporation (WBDC), the site is offered in phases, starting with 15 acres (expandable to 29.67 acres). The WBDC is committed to facilitating development by handling…

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 · 2020

What does the county charge?
$345k
Tax billed · 2020
Assessed value · 2024$14.52M
Assessed land$2.00M
Assessed improvement$12.53M
Effective rate2.38%

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$545k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$39 – $128

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?
MG-1
JurisdictionWORCESTER

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 agency48.6
Restaurant34.1
Law Firm32.4

Location

1 New Bond St Worcester, MA 01606
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
235 Brks, Worcester, MA 01606-3307 $530,000 Dec 2024 9,820 SF
160 Gold Star, Worcester, MA 01606-2709 $14,436,736 Oct 2024 243,503 SF
30 Pullman, Worcester, MA 01606-3311 $6,500,000 Sep 2024 130,024 SF
2 Pullman, Worcester, MA 01606-3327 $425,000 Nov 2023 102,300 SF
220 Brks, Worcester, MA 01606-3338 $19,500,000 Jul 2022 91,857 SF
23 Pullman, Worcester, MA 01606-3310 $2,000,000 Sep 2021 17,776 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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