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    Property profile & analytics

    1131 Main St Leicester, MA 01524-1346

    • Investment properties
    • 4,800 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1502915
    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

    • Morin Funeral Home / Funeral Home / Cremation Service

    Property Details for 1131 Main St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    4,800 SF
    Zone code
    CB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LEIC M:20D B:00000A5 L:0
    APU
    LEICM20DB00000A5L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leicester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9117
    Latitude
    42.2456
    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
    $6,719
    $133,600
    $401,800
    $535,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $390,000
      1,254 SF

      125 Grn St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,254 SF
      125 Grn St, Leicester, MA 01524-1711
      View Details
    • Value Estimation
      $220,000
      2,243 SF

      1069 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,243 SF
      1069 Main St, Leicester, MA 01524-1369
      View Details
    • Value Estimation by Request
      0.54 Acres

      1054-1058 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.54 Acres
      1054-1058 Main St, Leicester, MA 01524
      View Details
    • Value Estimation
      $270,000
      2,280 SF

      1065 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,280 SF
      1065 Main St, Leicester, MA 01524-1360
      View Details
    • Value Estimation
      $285,000
      2,385 SF

      441 Marshall St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,385 SF
      441 Marshall St, Leicester, MA 01524-1816
      View Details
    • Value Estimation by Request
      2.43 Acres

      1500 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2.43 Acres
      1500 Main St, Leicester, MA 01524-1913
      View Details

    Similar Nearby for Sale

    • $375,000
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      Route 56 Leicester Commercial Land

      8.28 Acres, Mixed-Use Development Potential
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    • New
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      Lovingly cared for home with accessory apartment and solar panels.
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    • $1,000,000
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      Leicester Commercial Land - $1M

      13.47 acres, prime development opportunity
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    • $4,000,000
      24.90 Acres

      Route 9 Leicester Commercial Land

      24.9-acre commercial/industrial land, prime location.
      1576 Main St, Leicester, MA 01524
      View Details
    • $500,000

      Spacious Leicester Property with Redevelopment Potential

      Large property near Worcester, ideal for multifamily or single-family use.
      997 Main St, Leicester, MA 01524
      View Details
    • $1,550,000
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      Leicester Land Parcel on Route 9

      31.160 acres fully permitted for 34 duplexes.
      651 Main St, Leicester, MA 01524
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,300 SF

      Leicester Retail Space - Main Street

      Prime 1,300 SF Retail Space, Waterfront Access
      1230 Main St, Leicester, MA 01524
      View Details
    • Contact for pricing
      60,000 SF

      New Mixed-Use Development Retail Space

      Retail space available in a new mixed-use development.
      1430 Main St, Leicester, MA 01524
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Mixed-Use Development

      Retail and restaurant spaces available in Leicester, Massachusetts.
      1434 Main St, Leicester, MA 01524
      View Details
    • Contact for pricing
      267,000 SF

      Leicester Warehouse Space Available

      267,000 sq ft warehouse/distribution space in Leicester, MA.
      90 Huntoon Memorial Hwy, Leicester, MA 01524
      View Details
    • Contact for pricing
      1 SF

      Leicester Land for Lease

      1.13 AC land for lease on Route 9/Main Street.
      Main St, Leicester, MA 01524
      View Details
    • $7 SF/Yr
      55,440 SF

      Leicester Warehouse/Distribution Space Available

      Premier industrial space in a thriving business hub.
      88 Huntoon Memorial Hwy, Leicester, MA 01524
      View Details
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    1131 Main St
    Leicester, MA 01524-1346
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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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