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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Investment properties
244 Pleasant St, Worcester, MA 01609-4000
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-2298590
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.3 ac (12,977 SF)
Zoning code
BG-3
APN
WORC M:03 B:026 L:08+15
UPID
US38-2298590
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Pleasant Wall LLC · 2 yrs held
Pleasant Wall LLC
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
BG-3 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,600,000
ML approach
$1,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.60M (May 24 2024)
Last sale anchor
$1.60M
May 24 2024
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
—
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
Assessed value
$1,576,800
Assessed 2024
Previous assessed
$1,741,800
-9.5% YoY
Assessed land
$183,100
Assessed improvement
$1,393,700
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Buildings
2
Units
3
Lot
0.3 ac (12,977 SF)
Zoning code
BG-3
APN
WORC M:03 B:026 L:08+15
UPID
US38-2298590
Jurisdiction
WORCESTER
Zoning & alternative use
BG-3 · Worcester, MA
Zoning BG-3 · permitted uses
BG-3 · 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.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Pleasant Wall LLC
Entity
Mailing address
244 PLEASANT ST, WORCESTER, MA 01609-4000
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
Pleasant Wall LLC
—
Deed
related
$58,859 · Worcester, City Of
May 24, 2024
$1,600,000
Pleasant Wall LLC
Bill Karras
Quit Claim Arm's Length For Ne States
$2,650,200 · Lowell Five Cents Savings Bank
Feb 1, 2018
$830,000
Bill G Karras
244-250 Pleasant St LLC
Quit Claim Deed
—
Jul 31, 2009
$450,000
224-250 Pleasant St Ll
Ib Property Holdings L
Deed
$337,500 · Webster Fivecent Svgs
Apr 9, 2009
$350,000
Ib Prop Holdings LLC
Reyes,rene A
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 14, 2004
$820,000
Alicia Rodriguez
Theodorakos,vassilios
Grant Deed
—
Oct 22, 2002
$460,000
Vassilios Theodorakos
Bui,tri N
Grant Deed
$425,000 · Strata Bank
May 25, 2001
$270,000
Tri N Bui
252 Pleasant St T
Grant Deed
$174,000 · Asian American Bank & Trust
Jul 2, 1997
$175,000
Pleasant St T 252
Newbury Prop Worc
Grant Deed
$155,000 · Zenon Grzybowski
Jan 14, 1992
—
Newbury Prop Worc INC
—
Deed Of Trust
related
$125,000 · Herbert Edinburg
May 5, 1989
—
David Godbout
—
Deed Of Trust
related
$450,000 · Worc County Inst Savings
Aug 18, 1988
$420,000
B G Real Est Tr
O T Realty Tr
Grant Deed
$341,000 · Worc County Inst Savings
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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