Financial
Distress signals
Property profile

340 Tacoma St Worcester, MA 01605

FOR LEASE
Manufacturing properties
Property ID
US38-0645048
15,200 SF 3 ac lot Built 1986
Last sale Dec 2020 · $1,400,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$42k
Tax billed · 2024
Assessed value$1.39M
Assessed land$286k
Assessed improvement$1.10M
Effective rate3.00%

Value estimate

· Sep 2026
$850k
$765k – $935k
AI approach$910k
Submarket $/SF estimate$1.34M
NOI build-up
Gross scheduled income$274k
Vacancy & credit loss−$21k
Operating expenses−$38k
NOI · 1,868,565.22% cap applied$215k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$39 – $128
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,868,565.22%
$215k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BG-2
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency54.9
Restaurant46.9
Law Firm39.8

Location

340 Tacoma St Worcester, MA 01605
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7 Brookfield, Worcester, MA 01605-3901 $1,860,000 May 2023 13,080 SF
128 Prescott, Worcester, MA 01605 $6,210,000 May 2022 10,972 SF
40 Cres, Worcester, MA 01605-2404 $12,000,000 Aug 2021 248,768 SF
95 Prescott, Worcester, MA 01605-1717 $1,125,000 Feb 2020 31,652 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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