Contact for pricing 1,200 SF

388 Palmer Rd, Ware, MA 01082
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The property is a mixed-use site comprising two buildings on a 2.85-acre parcel. It is located along Route 32 in Ware, near the Palmer town line, on a commercial corridor with frontage on Route 32 and approximately a quarter mile from Gibbs Crossing, a nearby 502,000-square-foot shopping center anchored by Wal-Mart and Lowe’s. The site includes a 1,200-square-foot building suitable for retail or office use and an 861-square-foot warehouse building that features an overhead door and a loading…

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.

Debts

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 · 2023

What does the county charge?

$3k

Tax billed · 2023

Assessed value$164k

Assessed land$95k

Assessed improvement$70k

Effective rate1.73%

Value estimate

· Oct 2026

$245k

$221k – $270k

AI approach$275k

NOI build-up

Gross scheduled income$36k

Vacancy & credit loss−$792

Operating expenses−$11k

NOI · 8.35% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$156/SF

County average, outlier-cleaned · 62 recorded sales of this use type

Observed band · Q1–Q3$93 – $221

Cap rate analysis

How does the asset earn?

8.35%

$25k 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?

Located at the southern end of Route 32 in Ware, this district incorporates a high intensity commercial shopping center as well as numero...

General categoryINDUSTRIAL

JurisdictionWARE

Location intelligence

Which uses thrive at this corner?

Best fit: Auto Repair Shop

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Auto Repair Shop9.6

HVAC Service9.2

Building Supply9.0

388 Palmer Rd Ware, MA 01082

County assessor Recorded deeds · 8 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 · 6 properties nearby

Address Sale price Sold Size

144 Main, Ware, MA 01082-1320 $390,000 Jul 2024 2,880 SF

146 Main, Ware, MA 01082-1320 $390,000 Jul 2024 3,030 SF

39-41 Main, Ware, MA 01082 $189,000 Oct 2022 1,480 SF

52 Main, Ware, MA 01082-1318 $800,000 Mar 2022 3,410 SF

142 Ww, Ware, MA 01082-1448 $675,000 Mar 2021 1,820 SF

173 Ww, Ware, MA 01082-1458 $175,000 Jun 2020 1,152 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

Value Estimation
$305,000

1,600 SF

24 Main St

RETAIL STORES (PERSONAL SERVICES)

24 Main St, Ware, MA 01082-1334

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Value Estimation
$300,000

1,640 SF

14 Ww St

RETAIL STORES (PERSONAL SERVICES)

14 Ww St, Ware, MA 01082-1414

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Value Estimation
$215,000

2,250 SF

180 Gilbertville Rd

RETAIL STORES (PERSONAL SERVICES)

180 Gilbertville Rd, Ware, MA 01082-9245

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Value Estimation
$240,000

2,558 SF

328 Palmer Rd

RETAIL STORES (PERSONAL SERVICES)

328 Palmer Rd, Ware, MA 01082

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Value Estimation
$265,000

2,736 SF

29 12th Maple St Anx

SHOW ROOM, WAREHOUSE

29 12th Maple St Anx, Ware, MA 01082-1521

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Value Estimation
$85,000

504 SF

Church St

RETAIL STORES (PERSONAL SERVICES)

Church St, Ware, MA 01082

View Details