Financial
Distress signals
Property profile

1010 Thorndike St Palmer, MA 01069

OFF-MARKET
Office buildings
Property ID
US38-0366238
3,982 SF 0.2 ac lot Built 1960
Last sale Jun 2025 · $910,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This meticulously remodeled and maintained commercial building in Palmer, MA, presents a unique investment opportunity. Located in the heart of Palmer's revitalized downtown, this property boasts convenient access to major highways, including the MA Pike (I-90) and Route 20, ensuring easy commutes to Worcester, Boston, and Springfield. The building's prime location benefits from Palmer's growing population, attracting new residents from the Boston and Worcester areas. Its versatile layout is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$9k
Tax billed · 2024
Assessed value$468k
Assessed land$133k
Assessed improvement$335k
Effective rate1.87%

Value estimate

· Sep 2026
$240k
$216k – $264k

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

Recently sold

What actually traded nearby?
$92/SF
County average, outlier-cleaned · 188 recorded sales of this use type
Observed band · Q1–Q3$56 – $144
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?
VC1
It is the purpose of this bylaw to allow for the orderly and planned development of Palmer downtown area.
General categoryPLANNED_DEVELOPMENT
JurisdictionPALMER

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.3
Storage Facility8.6
Dental Office8.5

Location

1010 Thorndike St Palmer, MA 01069-1505
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1501 Main, Palmer, MA 01069-1223 $260,000 Oct 2024 2,564 SF
1512 Main, Palmer, MA 01069-1215 $135,000 Feb 2024 2,362 SF
1505 Main St, Palmer, MA 01069-1254 $290,000 Oct 2023 3,075 SF
1504 Main, Palmer, MA 01069-1215 $300,000 May 2023 4,092 SF
1382 Main, Palmer, MA 01069-1209 $425,000 Feb 2023 6,372 SF
1500 Main, Palmer, MA 01069-1264 $225,000 Aug 2021 2,966 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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