Property profile

129 Dewey St Worcester, MA 01610

FOR SALE
Manufacturing properties
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Property ID
US38-1462704
10,115 SF 0.36 ac Built 1930
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

129 Dewey Street in Worcester, Massachusetts is an approximately 10,115-square-foot building configured for flex, industrial, or community uses. The facility has a clear height of approximately 12–16 feet, includes three-phase power, and features a loading dock for material handling. Building systems include recently updated electrical and heating, and the property has two ADA-compliant bathrooms. The site is situated in an accessible area with convenient routes to I-290, Park Avenue, and Downtown Worcester.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$408k
Assessed land$68k
Assessed improvement$340k
Effective rate3.00%

Value estimate

· Nov 2026
$275k
$248k – $303k
Submarket $/SF estimate$1.04M
NOI build-up
Gross scheduled income$180k
Vacancy & credit loss−$14k
Operating expenses−$50k
NOI · 11.65% cap applied$116k

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

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$39 – $128
Qualifying comparables5

Cap rate analysis

How does the asset earn?
11.65%
$116k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MG-1
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner10.5
Catering Service9.6
Pet Grooming Service8.9

Location

129 Dewey St Worcester, MA 01610
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Lagrange, Worcester, MA 01610-1536 $1,332,270 Jun 2025 14,240 SF
50 Lagrange, Worcester, MA 01610-1536 $1,332,270 Jun 2025 29,772 SF
25 Southgate, Worcester, MA 01610-1717 $7,500,000 Oct 2024 51,472 SF
17 Hermon, Worcester, MA 01610 $1,000,000 Apr 2024 30,737 SF
11 Pitt, Worcester, MA 01610 $3,309,146 Oct 2022 40,067 SF
33 Hermon, Worcester, MA 01610-1519 $540,000 Jun 2020 43,316 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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