Property profile

308 Broadway Gardner, MA 01440

OFF-MARKET
Retail properties & Spaces
Property ID
US38-1655227
12,062 SF 1.3 ac lot Built 2021
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2021
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,062 SF
Lot 1.3 ac (56,628 SF)
APN GARD M:R17 B:16 L:14A
UPID US38-1655227

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Financial Advisor
  • Cafe & Coffee Shop
  • Physician
  • Marketing & Advertising

Location

308 Broadway Gardner, MA 01440-3164
Gardner metro Census 707100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.45M
Blend (final) Blend
$1.75M

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.3M +20.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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