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Property profile & analytics
OFF-MARKET Estimated value $5,410,000
Showrooms

21 Eastern Ave Worcester, MA 01605-3094

22,742 SF 1.51 ac lot Built 2006
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US38-1021672
Property summary
AI-generated overview

This exceptional medical office building, located at 21 Eastern Ave in Worcester, MA (01605), offers a range of flexible suite sizes ideal for various medical practices. The property, totaling 22,742 square feet, features multiple tenancies within Worcester County. Individual suites range from a minimum of 406 square feet to a maximum contiguous space of 2,585 square feet, providing options to accommodate practices of all sizes. Two units can be combined to create a larger 2,585 square foot suite with convenient direct outdoor access via the lower level. The building enjoys high visibility and excellent accessibility, with ample parking available for patients and staff. Its strategic location ensures easy access to major transportation routes, enhancing convenience for both clients and employees. This is a prime opportunity to establish or expand your medical practice in a thriving Worcester County location. The property is classified as a medical office building within the Office property type.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2006
Construction STEEL FRAME
Total area 22,742 SF
Lot 1.51 ac (65,775 SF)
Zoning code RG-5
APN WORC M:01 B:035 L:51+56
UPID US38-1021672
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
Current use
Occupant on record · Public records
  • UMass Memorial Health Endoscopy Center Medical Clinic
  • Black Swan Media Co - Worcester Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Inter Med Associates Physician
  • Labcorp Diagnostic Center Drug Testing Service
  • 21 Eastern Ave Endo Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.35M
CAP Approach CAP
$4.73M
Comparable Approach Comparable
$3.74M
Blend (final) Blend
$5.41M
Owner & transaction history
Sood RT · 6 yrs held
Sood RT
since 2020
Last sale
$5.5M
5 recorded transactions
2025
Price N/A
2020
Price N/A
2020
$5.5M
2011
Price N/A
2005
Price N/A
Zoning & alternative use
RG-5 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.7M +63.4%
Auto repair, garage $3.9M +34.2%
Retail stores $3.3M +14.7%
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