Property profile

340 Main St Worcester, MA 01608

OFF-MARKET
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Property ID
US38-1174336
324,167 SF 1.18 ac Built 1895
Last sale Nov 2020·$14,457,306
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a mixed-use development with a reported total size of 381,368 square feet, encompassing 30,000 square feet of space and containing 312 units along with 523 storage units. It is associated with a larger development that received $31.9 million in tax credits.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$337k
Tax billed · 2021
Assessed value · 2024$14.18M
Assessed land$165k
Assessed improvement$14.01M
Effective rate2.38%

Value estimate

· Nov 2026
$10.31M
$9.27M – $11.34M
Submarket $/SF estimate$7.42M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
Submarket average, outlier-cleaned · 212 recorded sales of this use type
Observed band · Q1–Q3$70 – $152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BG-6
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.3
Shoe Repair8.7
Butcher8.5

Location

340 Main St Worcester, MA 01608-1604
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
588 Main, Worcester, MA 01608-2014 $6,000,000 Jan 2024 34,843 SF
600 Main, Worcester, MA 01608-2061 $41,400,000 Dec 2023 241,620 SF
507 Main, Worcester, MA 01608-1815 $5,915,000 Mar 2020 76,790 SF
66 Franklin, Worcester, MA 01608-1903 $1,550,000 Mar 2020 24,861 SF
50 Franklin, Worcester, MA 01608-1933 $9,370,000 Mar 2020 236,409 SF
426 Main, Worcester, MA 01608-1707 $460,000 Jan 2019 15,435 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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