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    Property profile & analytics

    45 Main St Leominster, MA 01453-5507

    • Auto shops
    • 4,700 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US38-0670699
    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

    • Monro Auto Service And Tire Centers / Car Battery Store / Oil Change Service
    • Gallery Luxama / Art Gallery
    • Leominster Art Center & Gallery / Art Gallery / Art Center

    Property Details for 45 Main St

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    4,700 SF
    Property type
    Auto shops
    APN
    LEOM M:0057 B:0015 L:0000
    APU
    LEOMM0057B0015L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $395,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $355,000
      Mixed-Use
      $325,000
      Hospitality
      $345,000
      Educational
      $315,000
      Residential Income
      $335,000
      Energy
      $360,000
      Income-Based Land
      $410,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.756
    Latitude
    42.5336
    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
    $7,344
    $268,800
    $237,300
    $506,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      768 SF

      Pleasant St

      AUTO REPAIR, GARAGE • 768 SF
      Pleasant St, Leominster, MA 01453
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    • Value Estimation by Request
      3,200 SF

      745 Main St

      AUTO REPAIR, GARAGE • 3,200 SF
      745 Main St, Leominster, MA 01453
      View Details
    • Value Estimation by Request
      49,714 SF

      1525 Central St

      AUTO REPAIR, GARAGE • 49,714 SF
      1525 Central St, Leominster, MA 01453-5935
      View Details
    • Value Estimation by Request
      7,070 SF

      83 Commercial Rd

      AUTO REPAIR, GARAGE • 7,070 SF
      83 Commercial Rd, Leominster, MA 01453-3329
      View Details
    • Value Estimation
      $245,000
      1,629 SF

      12 Main St

      AUTO REPAIR, GARAGE • 1,629 SF
      12 Main St, Leominster, MA 01453-3785
      View Details
    • Value Estimation
      $375,000
      1,500 SF

      1145 Central St

      AUTO REPAIR, GARAGE • 1,500 SF
      1145 Central St, Leominster, MA 01453-5903
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,047 SF

      Retail and Multifamily Investment Opportunity

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      Fully equipped restaurant with loyal clientele in high-traffic area.
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      Duplex with a vacant four-bedroom unit, ideal for owner-occupancy.
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      Leominster Multi-Unit Property For Sale

      Multi-unit property with value-add potential in Leominster, MA.
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      Three-unit property with upgrades, off-street parking, and income potential.
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    Similar Nearby for Lease

    • Contact for pricing
      623,962 SF

      Whitney Field Retail Spaces Available

      Leominster Retail Center: Multiple Spaces
      100 Commercial Rd, Leominster, MA 01453
      View Details
    • $1,100 /Mo

      Retail Space in Leominster Mall

      Retail or office space available in a busy strip mall.
      853 North Main A103, Leominster, MA 01453
      View Details
    • Contact for pricing
      7,967 SF

      Retail Space in Leominster Center

      Retail space in regional shopping destination near Route 2.
      489-493 N Main St, Leominster, MA 01453
      View Details
    • Contact for pricing
      25,830 SF

      Leominster Retail Center Opportunity

      Prime Retail Space, Worcester County, MA
      975 Merriam Ave, Leominster, MA 01453
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      3,360 SF

      Prime Leominster Retail Space

      3,360 SF Retail Space For Lease
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    • Contact for pricing
      5,800 SF

      Retail Pad Site Available

      5,800 SF freestanding retail pad site for lease.
      9 Orchard Hill Park Dr, Leominster, MA 01453
      View Details
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    45 Main St
    Leominster, MA 01453-5507
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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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