Back to Search
Property profile & analytics
OFF-MARKET
Retail space
374 Sterling St Lancaster, MA 01523-1842
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0192514
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Total area
3,124 SF
Lot
5.17 ac (225,205 SF)
APN
LANC M:040.0 B:0000 L:0043.0
UPID
US38-0192514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elaine A Mudgett · 9 yrs held
Elaine A Mudgett
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,542
Tax year 2024
Assessed value
$374,700
Assessed 2024
Previous assessed
$372,400
+0.6% YoY
Effective rate
1.75%
On assessed value
Assessed land
$237,600
Assessed improvement
$137,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Heating
NONE
Buildings
3
Units
1
Total area
3,124 SF
Lot
5.17 ac (225,205 SF)
APN
LANC M:040.0 B:0000 L:0043.0
UPID
US38-0192514
Jurisdiction
LANCASTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Buildings
3
Units
1
Lot
5.17 ac
Current owner
From public records · entity-resolved
Elaine A Mudgett
Individual
Mailing address
7 SPRAGUE RD, CLINTON, MA 01510-4332
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2017
—
Elaine A Mudgett
Deershorn Real Estate LP
Quit Claim Deed
related
—
Sep 3, 2010
—
Jado RT
—
Deed Of Trust
related
$155,000 · Bay Colony Dev Corp
Jul 9, 2010
$375,000
Dimeco,dale A Tr
Deershorn Re LP
Grant Deed
$187,500 · Clinton Savings Bank
Jul 9, 2010
—
Jado RT
—
Deed Of Trust
related
$150,000 · Clinton Savings Bank
Sep 24, 2008
$1
Deershorn Re LP
Mudgett,elaine A
Grant Deed
—
Sep 24, 2008
—
Deershorn Re LP
—
Deed Of Trust
related
$271,500 · Clinton Savings Bank
Feb 22, 1996
$15,000
Arthur Mudgett
Mcminn,sandra
Grant Deed
—
Feb 22, 1996
$2,500
Elaine Mudgett
Bateman Natalie Est
Grant Deed
related
—
Jan 25, 1993
$2,413
Gayle M Bateman
Bateman,nicole A
Grant Deed
related
—
Jul 27, 1992
$175,000
Arthur M Mudgett
Breed,ralph C
Grant Deed
$175,000 · Worc County Inst Savings
Jul 27, 1992
—
Arthur M Mudgett
—
Deed Of Trust
related
$40,000 · Zenon Grzybowski
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 374 Sterling St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
