Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    15 Water St Leicester, MA 01524-1321

    • Auto shops
    • 4,096 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Mar 05, 2020
    Location Intelligence
    Property ID
    US38-1765075
    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

    • Animal Control Officer / City Government Office
    • D.S. Landscape / Construction Company / Excavating Contractor

    Property Details for 15 Water St

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Property size
    4,096 SF
    Zone code
    CB
    Property type
    Auto shops
    APN
    LEIC M:19B B:00000A3 L:0
    APU
    LEICM19BB00000A3L0

    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
    -71.9141
    Latitude
    42.2461
    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
    $1,982
    $86,600
    $71,300
    $157,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,640 SF

      1323 Main St

      AUTO REPAIR, GARAGE • 5,640 SF
      1323 Main St, Leicester, MA 01524-1326
      View Details
    • Value Estimation
      $835,000
      4,800 SF

      14 Huntoon Memorial Hwy

      AUTO REPAIR, GARAGE • 4,800 SF
      14 Huntoon Memorial Hwy, Leicester, MA 01524-1265
      View Details
    • Value Estimation by Request
      624 SF

      20 Pryor Rd

      AUTO REPAIR, GARAGE • 624 SF
      20 Pryor Rd, Leicester, MA 01524-1814
      View Details
    • Value Estimation
      $300,000
      5,398 SF

      81 Main St

      AUTO REPAIR, GARAGE • 5,398 SF
      81 Main St, Leicester, MA 01524-1434
      View Details
    • Value Estimation by Request
      7,000 SF

      1655 Main St

      AUTO REPAIR, GARAGE • 7,000 SF
      1655 Main St, Leicester, MA 01524-1951
      View Details
    • Value Estimation by Request
      1.31 Acres

      Huntoon Memorial Hwy

      PARKING LOT • 1.31 Acres
      Huntoon Memorial Hwy, Leicester, MA 01524
      View Details

    Similar Nearby for Sale

    • New
      $600,000
      Pending

      Leicester Ranch Home with Accessory

      Lovingly cared for home with accessory apartment and solar panels.
      2 Crestwood Rd, Leicester, MA 01524
      View Details
    • $1,000,000
      13.47 Acres

      Leicester Commercial Land - $1M

      13.47 acres, prime development opportunity
      0 Clark St, Leicester, MA 01524
      View Details
    • $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
      31 SF

      Leicester Land Parcel on Route 9

      31.160 acres fully permitted for 34 duplexes.
      651 Main St, Leicester, MA 01524
      View Details
    • $375,000

      Leicester Land Parcel For Sale

      8.28-acre parcel zoned RIB and RA in Leicester, MA.
      505 Pleasant 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
      2,100 SF

      Retail Space Near Walmart

      Retail space for rent, located across from Walmart.
      1603 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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15 Water St
    Leicester, MA 01524-1321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.