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    Property profile & analytics

    392 Chandler St Worcester, MA 01602-3327

    • Retail space
    • 5,240 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US38-0707848
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mass Liquors / Liquor Store / Beer Store

    Property Details for 392 Chandler St

    Year built
    1993
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.48 lot acres
    Property size
    5,240 SF
    Zone code
    BL-1
    Property type
    Retail space
    APN
    WORC M:14 B:003 L:00007
    APU
    WORCM14B003L00007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $435,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $475,000
      Mixed-Use
      $375,000
      Hospitality
      $415,000
      Educational
      $350,000
      Residential Income
      $450,000
      Energy
      $410,000
      Income-Based Land
      $375,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8318
    Latitude
    42.263
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,416
    $308,800
    $437,400
    $746,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $260,000
      1,641 SF

      363 Chandler St

      RETAIL STORES (PERSONAL SERVICES) • 1,641 SF
      363 Chandler St, Worcester, MA 01602-3325
      View Details
    • Value Estimation
      $240,000
      1,141 SF

      376 Chandler St

      RETAIL STORES (PERSONAL SERVICES) • 1,141 SF
      376 Chandler St, Worcester, MA 01602-3334
      View Details
    • Value Estimation
      $390,000
      5,064 SF

      254 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 5,064 SF
      254 Ml St, Worcester, MA 01602-3111
      View Details
    • Value Estimation
      $230,000
      3,705 SF

      1130 Pleasant St

      RETAIL STORES (PERSONAL SERVICES) • 3,705 SF
      1130 Pleasant St, Worcester, MA 01602-1618
      View Details
    • Value Estimation
      $350,000
      2,941 SF

      347 Chandler St

      RETAIL STORES (PERSONAL SERVICES) • 2,941 SF
      347 Chandler St, Worcester, MA 01602-3441
      View Details
    • Value Estimation
      $370,000
      9,617 SF

      404 Chandler St

      RETAIL STORES (PERSONAL SERVICES) • 9,617 SF
      404 Chandler St, Worcester, MA 01602-3328
      View Details

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    Similar Nearby for Lease

    • $17 SF/Yr
      800 SF

      Retail Space in Tatnuck Square

      Retail space for lease in well-maintained building with parking.
      1096-1102 Pleasant St, Worcester, MA 01602
      View Details
    • $2,600 /Mo
      1,285 SF

      Renovated Retail Space on Chandler

      Recently renovated retail/office space in a high-traffic location.
      376 Chandler St, Worcester, MA 01602
      View Details
    • $5,500 /Mo

      Restaurant Space in Tatnuck Neighborhood

      Turn-key restaurant opportunity in Worcester's Tatnuck neighborhood.
      643 Chandler St, Worcester, MA 01602
      View Details
    • $1,250 /Mo
      150 SF

      Worcester Office Space For Lease

      Office spaces available in well-maintained Worcester building with parking.
      100 June St, Worcester, MA 01602
      View Details
    • $3,000 /Mo

      Office Space in Tatnuck Square

      Office space for rent with utilities and parking included.
      1106 Pleasant St, Worcester, MA 01602
      View Details
    • $1,000 /Mo

      Office Space For Rent

      Approx. 600 sq ft office space for rent.
      335 Chandler St, Worcester, MA 01602
      View Details

    Property Visit Statistics

    • Visits by month
      6.4k
    • Visitors by month
      6.0k
    • Avg Time on site
      17 min
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    392 Chandler St
    Worcester, MA 01602-3327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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