Technical
Financial
Distress signals
Property profile

32 Chocksett Rd Sterling, MA 01564

OFF-MARKET
Manufacturing properties
Property ID
US38-1204581
36,000 SF 3 ac lot Built 1992
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1992
Construction STEEL FRAME
Total area 36,000 SF
Lot 3 ac (130,680 SF)
APN STER M:00066 L:00017
UPID US38-1204581

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
  • Factory Production Facility

Location

32 Chocksett Rd Sterling, MA 01564-2355
Sterling metro Census 719100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.88M
Blend (final) Blend
$2.51M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
$5.0M
2017
Price N/A
2003
Price N/A
2003
Price N/A
1998
Price N/A
1994
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $4.0M +37.5%

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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