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Property profile & analytics
OFF-MARKET
Showrooms
45 Grosvenor St, Worcester, MA 01610-2702
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0141044
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,000 SF
Lot
0.1 ac (4,306 SF)
Zoning code
RG-5
APN
WORC M:05 B:014 L:00016
UPID
US38-0141044
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
Current use
Occupant on record · Public records
-
G P Builders Construction Company General Contractor
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
45 Grosvenor Exchange LLC · 1 yrs held
45 Grosvenor Exchange LLC
since 2024
Last sale
$125,000
7 recorded transactions
Zoning & alternative use
RG-5 · Worcester, MA
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 Worcester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Worcester 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
$6,519
Tax year 2024
Assessed value
$217,000
Assessed 2024
Previous assessed
$217,000
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$73,300
Assessed improvement
$143,700
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
3,000 SF
Lot
0.1 ac (4,306 SF)
Zoning code
RG-5
APN
WORC M:05 B:014 L:00016
UPID
US38-0141044
Jurisdiction
WORCESTER
Zoning & alternative use
RG-5 · Worcester, MA
Zoning RG-5 · permitted uses
RG-5 · Worcester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Worcester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
45 Grosvenor Exchange LLC
Entity
Free & Clear · 1 yrs held
Mailing address
64 GLENWOOD RD, RUTLAND, MA 01543-1611
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
—
45 Grosvenor Exchange LLC
I E RT
Quit Claim Deed
related
—
Sep 22, 2004
—
Barbara J Senecal
—
Deed Of Trust
related
$400,000 · Bay State Savings Bank
Jan 8, 2002
$125,000
Ie RT 2002
Jones,stanley R
Grant Deed
$100,000 · Flagship Bank & Trust
Jul 8, 1999
—
Stanley R Jones
—
Deed Of Trust
related
$90,000 · Webster Five Cents Sav Bank
Jul 23, 1992
$90,000
Peter J Durant
Country Bk Svgs
Grant Deed
$72,000 · Country Bank
Dec 9, 1991
$80,000
Country Bk Svgs
Pilat,glenn F
Grant Deed
related
—
Jan 9, 1989
—
Glenn F Pilat
—
Deed Of Trust
related
$130,000 · Country Bank
Aug 9, 1988
—
Glenn F Pilat
—
Deed Of Trust
related
$75,000 · Country Bank
Jun 3, 1988
—
Glenn F Pilat
—
Deed Of Trust
related
$60,000 · Country Bank
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.
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