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Property profile & analytics
OFF-MARKET
Estimated value
$7,850,000
Warehouses
210 Cutoff, Worcester, MA 01604-2712
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0223598
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Construction
STEEL FRAME
Total area
73,824 SF
Lot
3.09 ac (134,600 SF)
Zoning code
MG-2
APN
WORC M:34 B:034 L:00011
UPID
US38-0223598
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
-
210 Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.85M
Owner & transaction history
Stjames Realty LLC · 10 yrs held
Stjames Realty LLC
since 2016
7 recorded transactions
Zoning & alternative use
MG-2 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.6M
+70.4%
Retail stores
$10.8M
+45.6%
Neighborhood: shopping center
$9.3M
+25.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Worcester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Worcester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,405,000
Current use
AUTO REPAIR, GARAGE
$12,620,000
Change: +70% · Conversion: Easy
RETAIL STORES
$10,785,000
Change: +46% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$9,315,000
Change: +26% · Conversion: Moderate
OFFICE BUILDING
$9,205,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,855,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,180,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$7.85M
Range $7.07M – $8.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$165,749
Tax year 2024
Assessed value
$5,517,600
Assessed 2024
Previous assessed
$5,517,600
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$439,400
Assessed improvement
$5,078,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
3
Total area
73,824 SF
Lot
3.09 ac (134,600 SF)
Zoning code
MG-2
APN
WORC M:34 B:034 L:00011
UPID
US38-0223598
Jurisdiction
WORCESTER
Zoning & alternative use
MG-2 · Worcester, MA
Zoning MG-2 · permitted uses
MG-2 · Worcester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Worcester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$12.6M
RETAIL STORES
Est. value
$10.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.3M
OFFICE BUILDING
Est. value
$9.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$8.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
STEEL FRAME
Heating
SPACE
Stories
3
Buildings
1
Lot
3.09 ac
Current owner
From public records · entity-resolved
Stjames Realty LLC
Entity
Free & Clear · 10 yrs held
Mailing address
243 W MAIN ST, HOPKINTON, MA 01748-2110
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2024
—
St James Realty LLC
—
Deed
related
$200,000 · Bankhometown
Feb 2, 2022
—
Stjames Realty LLC
—
Deed
related
$5,000,000 · Hometown Bank
Sep 8, 2021
—
Saint James Rlty LLC
—
Deed
related
$32,500 · Central One Federal Credit Union
Dec 31, 2018
—
Saint James Realty LLC
—
Deed
related
$4,650,000 · Savers Cooperative Bank
Mar 16, 2016
$800,000
Stjames Realty LLC
210 Southwest Cutoff LLC
Quit Claim Deed
—
May 12, 2011
$450,000
210 Southwest Cutoff LLC
Tsourides,paul D
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Feb 5, 2001
—
Musa RT
—
Deed Of Trust
related
$1,270,000 · Sovereign Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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