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Property summary
120 Goddard Memorial Drive is an industrial and light manufacturing facility located in the Worcester Airport Industrial Park. The property consists of a 40,725-square-foot building on a 3.36-acre site and is zoned Manufacturing – Light (ML), supporting industrial, warehouse, distribution, and production-related uses. The building is configured to accommodate either single-user occupancy or multi-tenant arrangements and is divided into two main areas: a 12,000-square-foot clear-span production… section without interior columns, and a 28,000-square-foot high-bay warehouse and office component. The warehouse portion includes office and sales/operations space integrated with loading capabilities and provides modern clear height suitable for distribution or hybrid logistics and operations uses. The property is situated in the Worcester area with access to major transportation routes including I-90 and I-290, and it is positioned near Worcester Regional Airport, Worcester Polytechnic Institute (WPI), and the University of Massachusetts Medical School.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 40,725 SF
- Lot area
- 3.36 ac
- Year built
- 1975
- Stories
- 1
- APN
- WORC M:56 B:010 L:0000R
- Zoning
- RL-7
- Assessed value · 2024
- $2,329,100
- Annual tax · 2024
- $69,966
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $69,966
- Selected cap rate
- Office Building
- Apartment House (5+ Units)
- Commercial (general)
- Industrial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the RL-7 is the promotion of residential uses and related uses
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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