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    Property profile & analytics

    279 Lancaster St Leominster, MA 01453-4327

    • Retail space
    • 3,080 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US38-1320430
    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.

    Current Use by Public Records

    • Periscope Pools, Inc. / Swimming Pool Supply Store / Swimming Pool Contractor

    Property Details for 279 Lancaster St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.56 lot acres
    Property size
    3,080 SF
    Property type
    Retail space
    APN
    LEOM M:0484 B:0009 L:0000
    APU
    LEOMM0484B0009L0000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7501
    Latitude
    42.5158
    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
    $5,543
    $282,200
    $99,800
    $382,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,225 SF

      880 Central St

      RETAIL STORES (PERSONAL SERVICES) • 7,225 SF
      880 Central St, Leominster, MA 01453-4802
      View Details
    • Value Estimation by Request
      6,600 SF

      753 Central St

      RETAIL STORES (PERSONAL SERVICES) • 6,600 SF
      753 Central St, Leominster, MA 01453-4813
      View Details
    • Value Estimation by Request
      6,400 SF

      59 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      59 Main St, Leominster, MA 01453-5507
      View Details
    • Value Estimation
      $325,000
      2,069 SF

      192 Hamilton St

      RETAIL STORES (PERSONAL SERVICES) • 2,069 SF
      192 Hamilton St, Leominster, MA 01453-2386
      View Details
    • Value Estimation
      $790,000
      2,880 SF

      391 Harvard St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      391 Harvard St, Leominster, MA 01453-3434
      View Details
    • Value Estimation by Request
      8,744 SF

      1089 Central St

      RETAIL STORES (PERSONAL SERVICES) • 8,744 SF
      1089 Central St, Leominster, MA 01453-4807
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,047 SF

      Retail and Multifamily Investment Opportunity

      Retail spaces and multifamily units near retail plazas.
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    • $124,900

      Established Pasta Business Opportunity

      Profitable pasta business with loyal customer base for sale.
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      Established Restaurant Opportunity For Sale

      Fully equipped restaurant with loyal clientele in high-traffic area.
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    • $450,000

      Leominster Duplex with Vacant Unit

      Duplex with a vacant four-bedroom unit, ideal for owner-occupancy.
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      Leominster Multi-Unit Property For Sale

      Multi-unit property with value-add potential in Leominster, MA.
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      Pristine Three-Unit Investment Property

      Three-unit property with upgrades, off-street parking, and income potential.
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    Similar Nearby for Lease

    • $1,100 /Mo

      Retail Space in Leominster Mall

      Retail or office space available in a busy strip mall.
      853 North Main A103, Leominster, MA 01453
      View Details
    • Contact for pricing
      7,967 SF

      Retail Space in Leominster Center

      Retail space in regional shopping destination near Route 2.
      489-493 N Main St, Leominster, MA 01453
      View Details
    • Contact for pricing
      3,360 SF

      Prime Leominster Retail Space

      3,360 SF Retail Space For Lease
      80 Orchard Hill Park Dr, Leominster, MA 01453
      View Details
    • Contact for pricing
      5,800 SF

      Retail Pad Site Available

      5,800 SF freestanding retail pad site for lease.
      9 Orchard Hill Park Dr, Leominster, MA 01453
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Leominster Center

      Retail space available in a busy Leominster shopping center.
      9-31 Sack Blvd, Leominster, MA 01453
      View Details
    • Contact for pricing
      623,962 SF

      Whitney Field Retail Spaces Available

      Leominster Retail Center: Multiple Spaces
      100 Commercial Rd, Leominster, MA 01453
      View Details
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    279 Lancaster St
    Leominster, MA 01453-4327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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