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Property profile

424 Main St Cherry Valley, MA 01611

OFF-MARKET
Other industrial properties
Property ID
US38-1275808
3.17 ac lot
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This for-lease commercial warehouse/distribution facility is configured with two front-facing 14-foot-high overhead garage doors and two 12-foot side-access doors, and provides approximately 24-foot ceiling height to the eaves. The space is heated with oil heat and is fully sprinklered. Bathrooms are roughed-in and stubbed, and municipal water and sewer services are available at the street for potential connection and customization. The building is located near downtown Worcester with direct…

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?
$12k
Tax billed · 2024
Assessed value$988k
Assessed land$173k
Assessed improvement$815k
Effective rate1.26%

Value estimate

· Nov 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$36 – $125

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?
B
Zoning Map Amendment: Sargent Street Vicinity. To amend the Zoning Map to rezone the following parcels from Residential 2 (R2) to Busines...
General categoryCOMMERCIAL
JurisdictionLEICESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.6
Wholesale Shop11.6
Hair Salon11.5

Location

424 Main St Cherry Valley, MA 01611-3032
County assessor Recorded deeds · 4 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

2 recorded sales · 5 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
488 Stafford, Cherry Valley, MA 01611-3307 $1,200,000 Jan 2025 7,396 SF
69 Main, Cherry Valley, MA 01611-3151 $1,300,000 Oct 2023 69,349 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
5 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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