Contact for pricing 40,000 SF available

177 Florence St, Leominster, MA 01453
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The property is a 15,000-square-foot industrial/warehouse space configured for leasing use.

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?

$30k

Tax billed · 2024

Assessed value$2.06M

Assessed land$347k

Assessed improvement$1.71M

Effective rate1.45%

Value estimate

· Nov 2026

$2.20M

$1.98M – $2.42M

Submarket $/SF estimate$2.06M

NOI build-up

Gross scheduled income$576k

Vacancy & credit loss−$28k

Operating expenses−$82k

NOI$466k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?

$466k 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?

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: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm20.3

Dental Office18.2

Pharmacy12.8

177 Florence St Leominster, MA 01453

County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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

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

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

175 Pioneer, Leominster, MA 01453-3475 $24,910,000 Aug 2022 230,382 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

Value Estimation
$4,855,000

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Value Estimation
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Value Estimation
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Value Estimation
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800 Research Dr

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800 Research Dr, Leominster, MA 01453-5274

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Value Estimation
$1,785,000

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300 Hamilton St

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300 Hamilton St, Leominster, MA 01453-2381

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Value Estimation
$3,265,000

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42 Francis St

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42 Francis St, Leominster, MA 01453

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177 Florence St Leominster, MA 01453

Property summary