Property profile

22 Lakewood St Worcester, MA 01603

OFF-MARKET
Auto shops
Property ID
US38-0195391
2,550 SF 0.18 ac lot Built 1955
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,550 SF
Lot 0.18 ac (7,844 SF)
Zoning code BG-2
APN WORC M:08 B:025 L:00026
UPID US38-0195391

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22 Lakewood St Worcester, MA 01603
Worcester metro Census 731002 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2010
3 recorded transactions
2010
$599,000
2001
$100,000
1998
$125,000

Zoning & alternative use

BG-2 · Worcester, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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