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    Property profile & analytics

    104 Belmont St Worcester, MA 01605-2937

    • Super regional malls
    • 12,493 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $3,380,000
    Last Sale
    Aug 11, 2021
    $3,900,000
    Location Intelligence
    Property ID
    US38-0537409
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dunkin' / Bakery / Bagel Shop
    • Belmont Convenience / Convenience Store

    Property Details for 104 Belmont St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    12,493 SF
    Zone code
    BL-1
    Property type
    Super regional malls
    APN
    WORC M:01 B:025 L:37+39
    APU
    WORCM01B025L3739

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,165,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,075,000
      6.5%
      $4,250,000
      7%
      $3,875,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,740,000
      Geo Method
      $3,840,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,530,000
      Retail
      $4,505,000
      Mixed-Use
      $4,275,000
      Hospitality
      $4,365,000
      Educational
      $3,290,000
      Residential Income
      $3,330,000
      Energy
      $4,090,000
      Income-Based Land
      $4,080,000
      Food Service
      $3,715,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7925
    Latitude
    42.2718
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $51,137
    $584,200
    $1,118,100
    $1,702,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22,940 SF

      560 Lincoln St

      REGIONAL SHOPPING CENTER, MALL • 22,940 SF
      560 Lincoln St, Worcester, MA 01605-1927
      View Details
    • Value Estimation
      $470,000
      7,280 SF

      12 Boylston St

      REGIONAL SHOPPING CENTER, MALL • 7,280 SF
      12 Boylston St, Worcester, MA 01605-3529
      View Details
    • Value Estimation by Request
      67,135 SF

      14 Boylston St

      GROCERY, SUPERMARKET • 67,135 SF
      14 Boylston St, Worcester, MA 01605-1228
      View Details
    • Value Estimation by Request
      5,039 SF

      75 Gold Star Blvd

      FINANCIAL BUILDING • 5,039 SF
      75 Gold Star Blvd, Worcester, MA 01605-3931
      View Details
    • Value Estimation by Request
      5,610 SF

      176 Prescott St

      AUTO REPAIR, GARAGE • 5,610 SF
      176 Prescott St, Worcester, MA 01605-1708
      View Details
    • Value Estimation
      $1,190,000
      0.88 Acres

      43 Cres St

      PARKING LOT • 0.88 Acres
      43 Cres St, Worcester, MA 01605-2406
      View Details

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    • $4,153,016
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      Worcester Three-Family Investment Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      11,000 SF

      Retail Strip in Prime Location

      11,000 SF retail strip in sought-after commercial area.
      31-35 Park Ave, Worcester, MA 01605
      View Details
    • Contact for pricing
      57,198 SF

      Worcester Retail Space For Rent

      Interstate accessible power center in densely populated Worcester, Massachusetts.
      541 Lincoln St, Worcester, MA 01605
      View Details
    • Contact for pricing
      6,288 SF

      Retail Space in Worcester Center

      Retail space available in a densely populated Worcester power center.
      539 Lincoln St, Worcester, MA 01605
      View Details
    • Contact for pricing
      44,000 SF

      Worcester Retail/Office/Warehouse Space Available

      8,000 SF space suitable for office, retail, or warehouse.
      19 Glennie St, Worcester, MA 01605
      View Details
    • $21 SF/Yr
      72,000 SF

      Refurbished Office Property in Worcester

      72,000 square foot office property in a prime location.
      108 Grove Street Ter, Worcester, MA 01605
      View Details
    • $14 SF/Yr
      5,429 SF

      Lincoln Street Retail Space

      Worcester Retail Building - 5,429 SF
      256 Lincoln St, Worcester, MA 01605
      View Details
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    104 Belmont St
    Worcester, MA 01605-2937
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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