Property summary
This 12,000-square-foot industrial warehouse in Leicester, Massachusetts, is offered for sale at $1,750,000. Situated on a 2.83-acre lot, this single-story building features four separately demised units, each approximately 4,000 square feet, currently boasting 100% occupancy. The property benefits from a convenient location on Route 56, providing easy access to I-90 (Mass Pike) and major cities including Worcester, Boston, Hartford, Providence, and Springfield, all within an hour's drive. … The building includes two loading docks and ample on-site parking and outdoor storage areas. Recent improvements include a new roof and a new heating system. The property is zoned RIB and presents an excellent owner-user opportunity, allowing for the combination of business operations with potential rental income from existing tenants. The asking price per square foot is $145.83, and the price per unit is $437,500. This multi-tenant property offers a strong investment opportunity with established tenancy and significant potential for future growth.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
7 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 12,000 SF
- Lot area
- 2.83 ac
- Year built
- 1966
- Stories
- 1
- APN
- LEIC M:37A B:00000E3 L:0
- Zoning
- RIB
- Assessed value · 2024
- $415,700
- Annual tax · 2024
- $5,217
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Amend Sections 1.3 (Definitions), 3.2 (Schedule of Use), 3.30 (BR-1 District), 3.32 (RIB District), and insert a new Section 5.17 to regulate keeping of livestock, chickens, and other poultry. No Passed Over 11/14/2017 9…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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