254 Ml St Worcester, MA 01602-3111
Property profile & analytics
254 Ml St, Worcester, MA 01602-3111
- Retail space
- 5,064 SF
- 0.54 lot acres
Property ID
US38-0543505
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Worcester Discount Liquors / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
Property Details for 254 Ml St
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.54 lot acres
- Zone code
- BL-1
- Property type
- Retail space
- APN
- WORC M:51 B:006 L:00024
- APU
- WORCM51B006L00024
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 25, 2025 | $1,000,000 | Worcester 254 Mill RT | Gerald T Leonard | Deed | $1M · Rockland Trust Co |
| Jun 25, 2025 | — | Worcester 254 Mill RT | — | Deed · related | $1M · Rockland Trust Co |
| Mar 11, 2021 | — | Gerald T Leonard | — | Deed · related | $180k · Bay State Savings Bank |
| Feb 6, 2009 | — | Gerald T Leonard | — | Deed Of Trust · related | $350k · Joan M Mcgourty |
| Dec 11, 2008 | $250,000 | Gerald T Leonard | Mcgourty,david H | Grant Deed | — |
| Oct 27, 1999 | — | Gerald T Leonard | — | Deed Of Trust · related | $16k · Commerce Bank & Trust |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,160,000
- 6.5%
- $1,070,000
- 7%
- $995,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $992,000
- AI Estimate
- $695,000
Market price range: $408k - $1.16MMarket price range: $349k - $696k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $740,000 Current use
- RESTAURANT
- $1,055,000 Change: +42% Conversion: Easy
- AUTO REPAIR, GARAGE
- $865,000 Change: +17% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $640,000 Change: -14% Conversion: Moderate
- OFFICE BUILDING
- $630,000 Change: -15% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $610,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8447
- Latitude
- 42.2543
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,678
$356,800
$431,400
$788,200
-
$0.00
$0.00
$0.00
