Financial
Distress signals
Property profile

22 Laurel St Leominster, MA 01453

FOR SALE
Manufacturing properties
Property ID
US38-0944899
6,710 SF 0.3 ac lot Built 1920
Last sale Mar 2017 · $165,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

An industrial building located minutes from downtown Leominster with convenient highway access. The property provides approximately 6,700± square feet of combined office and manufacturing space, including about 1,000± square feet of finished office area and roughly 5,700± square feet of manufacturing space. Building systems and utilities include an approximately 14-year-old rubber roof, a full sprinkler system, and an estimated 17,000 amp electrical service providing 480V at the pole and 240V…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$211k
Assessed land$89k
Assessed improvement$122k
Effective rate1.45%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$93k
Vacancy & credit loss−$5k
Operating expenses−$26k
NOI · 8.75% cap applied$61k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$42 – $101

Cap rate analysis

How does the asset earn?
8.75%
$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLEOMINSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Smoke and Vape Shop9.7
Garden Center8.7

Location

22 Laurel St Leominster, MA 01453
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 Viscoloid, Leominster, MA 01453-7300 $230,000 Mar 2024 5,465 SF
218 Viscoloid, Leominster, MA 01453-4372 $605,000 Mar 2024 5,826 SF
152 Hamilton, Leominster, MA 01453-2387 $625,000 Dec 2023 13,900 SF
539 Lancaster, Leominster, MA 01453-4539 $570,000 Aug 2023 7,384 SF
85 Pleasant, Leominster, MA 01453-5635 $500,000 Mar 2023 11,921 SF
1775 Lck, Leominster, MA 01453-3313 $1,465,000 Nov 2022 5,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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