Property profile

40 Cres St Worcester, MA 01605

OFF-MARKET
Manufacturing properties
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Property ID
US38-0776289
248,768 SF 20.73 ac Built 1898
Last sale Aug 2021·$12,000,000
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.
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. 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 · 2024

What does the county charge?
$337k
Tax billed · 2024
Assessed value$11.22M
Assessed land$2.48M
Assessed improvement$8.74M
Effective rate3.00%

Value estimate

· Nov 2026
$9.73M
$8.76M – $10.70M
AI approach$9.32M
Submarket $/SF estimate$15.00M

Realmo valuation models over county records.

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

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?
MG-2
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.8
Pawn Shop11.8
Tailor Shop11.1

Location

40 Cres St Worcester, MA 01605-2404
County assessor Recorded deeds · 5 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

4 recorded sales · 18 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
340 Tacoma, Worcester, MA 01605-4115 $600,000 Dec 2020 15,200 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
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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