Property profile

478 Main St Sturbridge, MA 01518

OFF-MARKET
Hotels
Property ID
US38-0697770
28,371 SF 1.85 ac lot Built 1987
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,371 SF
Lot 1.85 ac (80,586 SF)
APN STUR M:415 B:000 L:2433-478
UPID US38-0697770

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Travel Agency

Location

478 Main St Sturbridge, MA 01518-1290
Sturbridge metro Census 758103 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.99M
CAP Approach CAP
$3.29M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.97M

Owner & transaction history

since 2023
Last sale
$3.4M
7 recorded transactions
2023
$3.4M
2023
Price N/A
2015
$1.2M
2014
$1.0M
2008
$3.3M
1998
Price N/A
1997
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $3.5M +132.5%
Restaurant $3.5M +130.4%
Office building $3.3M +116.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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