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    Property profile & analytics

    294 Leominster Rd Sterling, MA 01564

    • Auto shops
    • 3,200 SF
    • 4.44 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Mar 11, 2020
    Location Intelligence
    Property ID
    US38-1779140
    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

    • Auto shops

    Property Details for 294 Leominster Rd

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.44 lot acres
    Property size
    3,200 SF
    Property type
    Auto shops
    APN
    STER M:00024 L:00005
    APU
    STERM00024L00005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7497
    Latitude
    42.475
    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
    $3,860
    $238,000
    $52,000
    $290,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $205,000
      2,509 SF

      124 Jewett Rd

      AUTO REPAIR, GARAGE • 2,509 SF
      124 Jewett Rd, Sterling, MA 01564-2832
      View Details
    • Value Estimation
      $305,000
      2,555 SF

      32 Pratts Jct Rd

      AUTO REPAIR, GARAGE • 2,555 SF
      32 Pratts Jct Rd, Sterling, MA 01564-2306
      View Details
    • Value Estimation
      $260,000
      3,060 SF

      209 Worcester Rd

      AUTO REPAIR, GARAGE • 3,060 SF
      209 Worcester Rd, Sterling, MA 01564
      View Details
    • Value Estimation
      $145,000
      6,860 SF

      57 Beverly Dr

      AUTO REPAIR, GARAGE • 6,860 SF
      57 Beverly Dr, Sterling, MA 01564
      View Details
    • Value Estimation
      $325,000
      1,846 SF

      17 School St

      AUTO REPAIR, GARAGE • 1,846 SF
      17 School St, Sterling, MA 01564
      View Details
    • Value Estimation
      $360,000
      9,600 SF

      12 Beverly Dr

      AUTO REPAIR, GARAGE • 9,600 SF
      12 Beverly Dr, Sterling, MA 01564-2150
      View Details

    Similar Nearby for Sale

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      Land with house and barn, potential tear down.
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      Land available near Sterling Airport, suitable for light industrial use.
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    • $799,900
      5.30 Acres

      Development Opportunity Near Mt. Wachusett

      5.3 acres for redevelopment or restoration near Mt. Wachusett.
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    • $844,900
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      Sterling Inn Redevelopment Opportunity

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    294 Leominster Rd
    Sterling, MA 01564
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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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