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    Property profile & analytics
    OFF-MARKET Estimated value $3,070,000
    Warehouses

    1771 Lck Dr, Leominster, MA 01453

    25,600 SF 4.25 ac lot Built 2021
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-2055885
    Property summary
    AI-generated overview

    This exceptional 7,650-square-foot industrial warehouse space is part of a larger 25,600-square-foot building located at 1771 Lock Drive in Worcester County. Built in 2021, this single-story structure offers a modern and efficient layout. The unit boasts a generous 17-foot ceiling height, providing ample vertical space for storage and operations. Access is convenient with two loading docks and two dock-high doors, complemented by five drive-in doors for easy loading and unloading. The space includes a grease trap and a water/oil separator, essential features for many industrial businesses. A significant advantage is the inclusion of over half an acre of outdoor storage area, providing ample space for materials, equipment, or overflow inventory. The entire building comprises three suites, with a minimum divisible space of 7,650 square feet and a maximum contiguous space of 7,650 square feet. The property sits on a 4.25-acre lot. This warehouse is ideal for businesses requiring efficient space, excellent access, and substantial outdoor storage capabilities. The modern design and features make this an attractive option for a variety of industrial uses. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2021
    Construction STEEL FRAME
    Total area 25,600 SF
    Lot 4.25 ac (185,130 SF)
    APN LEOM M:0323 B:0001 L:0000
    UPID US38-2055885
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.95M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.13M
    Blend (final) Blend
    $3.07M
    Owner & transaction history
    Lock Dr LLC · 1 yrs held
    Lock Dr LLC
    since 2025
    Last sale
    $3.3M
    3 recorded transactions
    2025
    $3.3M
    2005
    $275,000
    1990
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $4.8M +87.9%
    Retail stores $4.0M +56.4%
    Auto repair, garage $3.9M +52.9%
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