Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2 Juniper St Winchendon, MA 01475-1433
    Back to Search
    Property profile & analytics

    2 Juniper St Winchendon, MA 01475-1433

    View on Map
    • Retail properties & Spaces
    • 6,962 SF
    • 0.69 lot acres
    Off-Market
    Property ID
    US38-1421706
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • VinLozano Imports Inc. / Brewery & Distillery / Big Box & Wholesale Store

    Property Details for 2 Juniper St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.69 lot acres
    Property size
    6,962 SF
    Zone code
    C3
    Property type
    Retail properties & Spaces
    APN
    WINC M:5A3 B:0 L:197
    APU
    WINCM5A3B0L197

    Description

    This exceptional .69-acre parcel presents a remarkable opportunity for developers and investors alike. Strategically located near the heart of Winchendon, Massachusetts, this property boasts direct access to Central Street, ensuring high visibility and convenient accessibility. The zoning allows for a wide array of potential uses, making it an incredibly versatile investment. Permitted developments include, but are not limited to, condominiums, apartment complexes, retail spaces, convenience stores with gas stations, restaurants, and even wireless communication facilities or solar energy collection projects. The flexibility in permitted uses allows for a tailored approach to development, maximizing the property's potential return on investment. Detailed information regarding permitted uses is available in the accompanying site plan and table of uses, along with a GIS map for comprehensive spatial understanding. The property's central location offers significant advantages, providing easy access to local amenities, transportation routes, and a thriving community. This is a rare opportunity to acquire a sizable, centrally located lot with exceptional development potential in a desirable Massachusetts town. Lease rates for developed projects will be negotiated on a case-by-case basis. Don't miss this chance to secure a prime piece of Winchendon real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winchendon
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0455
    Latitude
    42.6869
    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
    $840
    $56,100
    $10,900
    $67,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,324 SF

      1 School Sq

      FINANCIAL BUILDING • 3,324 SF
      1 School Sq, Winchendon, MA 01475-1548
      View Details
    • Value Estimation by Request
      232 SF

      230 Baldwinville State Rd

      RETAIL STORES (PERSONAL SERVICES) • 232 SF
      230 Baldwinville State Rd, Winchendon, MA 01475-1836
      View Details
    • Value Estimation
      $1,230,000
      22,659 SF

      703 School St

      SHOW ROOM, WAREHOUSE • 22,659 SF
      703 School St, Winchendon, MA 01475-1921
      View Details
    • Value Estimation by Request
      2,352 SF

      102 Frnt St

      RESTAURANT • 2,352 SF
      102 Frnt St, Winchendon, MA 01475-1749
      View Details
    • Value Estimation by Request
      1,503 SF

      18 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 1,503 SF
      18 Railroad St, Winchendon, MA 01475-1603
      View Details
    • Value Estimation
      $560,000
      11,476 SF

      13 Railroad St, Unit 21

      RETAIL STORES (PERSONAL SERVICES) • 11,476 SF
      13 Railroad St, Winchendon, MA 01475-1602
      View Details

    Similar Nearby for Sale

    • $225,000

      Central Street Commercial Development Opportunity

      0.69 acre lot with development potential on Central Street.
      2 Juniper St, Winchendon, MA 01475
      View Details
    • $450,000

      Winchendon Commercial Property For Sale

      Commercial property for sale located 0.6 miles from Route 12.
      61 Glenallen St, Winchendon, MA 01475
      View Details
    • Contact for pricing

      Winchendon Land Near Historic Centre

      Land with well, driveway, stone walls near historic district.
      24 Old County Rd, Winchendon, MA 01475
      View Details
    • Contact for pricing

      Commercially Zoned Land on RT140

      21 acres of commercially zoned land with development potential.
      Gardner Rd, Winchendon, MA 01475
      View Details
    • $779,900
      8.57 Acres

      Spacious Colonial on 8.5 Acres

      5-bed, 2-bath Colonial with huge garage & pool.
      234 Baldwinville State Rd, Winchendon, MA 01475
      View Details
    • $435,000

      Restaurant and Apartment Building

      Turnkey restaurant with apartment and redevelopment potential.
      61 Glenallen St, Winchendon, MA 01475
      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.
    2 Juniper St
    Winchendon, MA 01475-1433
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2 Juniper St, Winchendon, MA, 01475
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!