Property profile

121 Main St Leicester, MA 01524

OFF-MARKET
Banks
Property ID
US38-0604242
2,640 SF 1.12 ac lot Built 1999
Individually Owned 27-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1999
Construction FRAME
Total area 2,640 SF
Lot 1.12 ac (48,787 SF)
Zoning code B
APN LEIC M:20C B:0000A19 L:0
UPID US38-0604242

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Atm

Location

121 Main St Leicester, MA 01524-1403
Leicester metro Census 735100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 1999
1 recorded transaction
1999
$239,000

Zoning & alternative use

B · Leicester, MA
Zoning description

Zoning Map Amendment: Sargent Street Vicinity. To amend the Zoning Map to rezone the following parcels from Residential 2 (R2) to Business (B): 4, 18 & 18A Sargent Street, and 1 Reservoir Street (Assessors Map 23B, Parce…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 121 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message