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    Property profile & analytics

    32 Broadway, Unit 40 Gardner, MA 01440-3338

    • Investment properties
    • 7,290 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US38-0860789
    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

    • Investment properties

    Property Details for 32 Broadway

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    7,290 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    GARD M:R12 B:4 L:33
    APU
    GARDMR12B4L33

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $225,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $200,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $200,000
      Mixed-Use
      $195,000
      Hospitality
      $205,000
      Educational
      $190,000
      Residential Income
      $170,000
      Energy
      $190,000
      Income-Based Land
      $185,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Gardner
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9795
    Latitude
    42.5572
    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
    $4,797
    $46,700
    $273,300
    $320,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      45,934 SF

      14 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 45,934 SF
      14 Main St, Gardner, MA 01440-2652
      View Details
    • Value Estimation
      $415,000
      3,314 SF

      173 Conant St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,314 SF
      173 Conant St, Gardner, MA 01440-3145
      View Details
    • Value Estimation by Request
      14,448 SF

      36-38 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,448 SF
      36-38 Main St, Gardner, MA 01440
      View Details
    • Value Estimation
      $260,000
      1,695 SF

      18 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,695 SF
      18 Main St, Gardner, MA 01440
      View Details
    • Value Estimation
      $175,000
      4,144 SF

      130 Parker St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,144 SF
      130 Parker St, Gardner, MA 01440-3809
      View Details
    • Value Estimation
      $250,000
      1,976 SF

      400 Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,976 SF
      400 Pleasant St, Gardner, MA 01440-2931
      View Details

    Similar Nearby for Sale

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      1.81 Acres

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      High-visibility vacant land suitable for various commercial developments.
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      Gardner Church & Home Compound

      Prime MA investment opportunity: Church, home, garages.
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      Downtown Gardner Steam Bath Business

      Thriving Steam Bath with Apartment
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      Well-maintained property featuring a garage and a two-family home.
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    Similar Nearby for Lease

    • $500 /Mo

      Premium Office Space in Gardner

      High-traffic office space near Route 2 with included utilities.
      486 Chestnut St, Gardner, MA 01440
      View Details
    • $10 SF/Yr

      Retail Space in Busy Area

      2,300 sqft commercial space in a desirable, busy location.
      403-405 Parker St, Gardner, MA 01440
      View Details
    • $22 SF/Yr
      12,511 SF

      Prime Gardner Medical Office Space

      1,654 SF Executive Suite Available
      354 Main St, Gardner, MA 01440
      View Details
    • Contact for pricing
      183,775 SF

      Timpany Plaza Retail Center

      Gardner, MA: High-traffic retail spaces available.
      360 Timpany Blvd, Gardner, MA 01440
      View Details
    • Contact for pricing
      18,371 SF

      Retail Space in Timpany Plaza

      Retail space for lease in vibrant shopping center.
      336-384 Timpany Blvd, Gardner, MA 01440
      View Details
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    32 Broadway, Unit 40
    Gardner, MA 01440-3338
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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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