Property profile

228 Leominster Rd Sterling, MA 01564

OFF-MARKET
Turn key restaurants
Property ID
US38-2320111
2,675 SF 11.23 ac lot Built 2014
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2014
Construction FRAME
Total area 2,675 SF
Lot 11.23 ac (489,179 SF)
APN STER M:00029 L:00002
UPID US38-2320111

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Location

228 Leominster Rd Sterling, MA 01564-2108
Sterling metro Census 719100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2012
6 recorded transactions
2012
$220,000
2005
Price N/A
1999
$132,000
1994
$170,000
1993
Price N/A
1988
$200,000

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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