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    Property profile & analytics

    203 Main St Leominster, MA 01453-2928

    • Retail space
    • 1,329 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Last Sale
    Mar 05, 2021
    $205,000
    Location Intelligence
    Property ID
    US38-0775576
    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

    • Hathaway Memorials Inc / Monument Maker
    • Hm Granite Marble Bronze / Granite Supplier

    Property Details for 203 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property size
    1,329 SF
    Property type
    Retail space
    APN
    LEOM M:0056 B:0007A L:0000
    APU
    LEOMM0056B0007AL0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $250,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $255,000
      Mixed-Use
      $235,000
      Hospitality
      $275,000
      Educational
      $235,000
      Residential Income
      $260,000
      Energy
      $270,000
      Income-Based Land
      $240,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7542
    Latitude
    42.5328
    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
    $2,840
    $152,500
    $43,200
    $195,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,225 SF

      880 Central St

      RETAIL STORES (PERSONAL SERVICES) • 7,225 SF
      880 Central St, Leominster, MA 01453-4802
      View Details
    • Value Estimation by Request
      6,600 SF

      753 Central St

      RETAIL STORES (PERSONAL SERVICES) • 6,600 SF
      753 Central St, Leominster, MA 01453-4813
      View Details
    • Value Estimation by Request
      6,400 SF

      59 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      59 Main St, Leominster, MA 01453-5507
      View Details
    • Value Estimation
      $325,000
      2,069 SF

      192 Hamilton St

      RETAIL STORES (PERSONAL SERVICES) • 2,069 SF
      192 Hamilton St, Leominster, MA 01453-2386
      View Details
    • Value Estimation
      $790,000
      2,880 SF

      391 Harvard St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      391 Harvard St, Leominster, MA 01453-3434
      View Details
    • Value Estimation by Request
      8,744 SF

      1089 Central St

      RETAIL STORES (PERSONAL SERVICES) • 8,744 SF
      1089 Central St, Leominster, MA 01453-4807
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,047 SF

      Retail and Multifamily Investment Opportunity

      Retail spaces and multifamily units near retail plazas.
      614 N Main St, Leominster, MA 01453
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      Established Pasta Business Opportunity

      Profitable pasta business with loyal customer base for sale.
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      Fully equipped restaurant with loyal clientele in high-traffic area.
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      Turnkey Auto Repair Facility

      Turnkey auto repair and sales facility in Leominster, Massachusetts.
      115 Whitney St, Leominster, MA 01453
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    • $699,000
      Pending

      Mixed-Use Property with Income Potential

      Versatile property with storefront, apartment, and detached commercial unit.
      12 Lindell Ave, Leominster, MA 01453
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    • Contact for pricing
      6,300 SF

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      6,300 SF Freestanding Office Building
      83 Orchard Hill Park Dr, Leominster, MA 01453
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    Similar Nearby for Lease

    • Contact for pricing
      7,967 SF

      Retail Space in Leominster Center

      Retail space in regional shopping destination near Route 2.
      489-493 N Main St, Leominster, MA 01453
      View Details
    • $2,500 /Mo

      Retail or Office Space Available

      Versatile space suitable for retail or office use.
      752 North Main St, Leominster, MA 01453
      View Details
    • $1,100 /Mo

      Retail Space in Leominster Mall

      Retail or office space available in a busy strip mall.
      853 North Main A103, Leominster, MA 01453
      View Details
    • Contact for pricing
      3,360 SF

      Prime Leominster Retail Space

      3,360 SF Retail Space For Lease
      80 Orchard Hill Park Dr, Leominster, MA 01453
      View Details
    • Contact for pricing
      5,800 SF

      Retail Pad Site Available

      5,800 SF freestanding retail pad site for lease.
      9 Orchard Hill Park Dr, Leominster, MA 01453
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Leominster Center

      Retail space available in a busy Leominster shopping center.
      9-31 Sack Blvd, Leominster, MA 01453
      View Details
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    203 Main St
    Leominster, MA 01453-2928
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    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
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