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Financial
Distress signals
Property profile

154 Pioneer Dr Leominster, MA 01453

OFF-MARKET
Manufacturing properties
Property ID
US38-1900857
55,330 SF 5 ac lot Built 1980
Last sale Jan 2023 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A property, located at 154 Pioneer Drive in Leominster, Massachusetts, offers 55,330 square feet of versatile flex space ideal for manufacturing, distribution, or office use. Built in 1980 and situated on 5 acres in Worcester County, this multi-tenant building provides ample space for a variety of business needs. Currently, one 12,780 square foot space is available. The property enjoys a strategic location, just 1.2 miles from Route 2 access, ensuring convenient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$33k
Tax billed · 2024
Assessed value$2.28M
Assessed land$654k
Assessed improvement$1.63M
Effective rate1.45%

Value estimate

· Oct 2026
$3.96M
$3.56M – $4.35M
AI approach$4.12M
Submarket $/SF estimate$4.11M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$42 – $101
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEOMINSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.0
Dental Office11.5
Building Supply11.2

Location

154 Pioneer Dr Leominster, MA 01453-3474
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44 Mead, Leominster, MA 01453-2966 $4,000,000 Feb 2026 62,259 SF
106 Carter, Leominster, MA 01453-7323 $3,750,000 Dec 2024 82,220 SF
128 Tolman, Leominster, MA 01453-1926 $6,000,000 Oct 2024 60,000 SF
62 Lakeview, Leominster, MA 01453-4513 $850,000 Sep 2024 31,982 SF
27 Nashua, Leominster, MA 01453-3311 $5,000,000 Dec 2023 99,827 SF
31 Jytek, Leominster, MA 01453-5934 $3,525,000 Sep 2022 33,835 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
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