Financial
Distress signals
Property profile

490 Main St Leicester, MA 01524

OFF-MARKET
Warehouses
Property ID
US38-1466229
8,683 SF 0.74 ac lot Built 1930
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$340k
Assessed land$96k
Assessed improvement$244k
Effective rate1.25%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$100/SF
County average, outlier-cleaned · 104 recorded sales of this use type
Observed band · Q1–Q3$46 – $162
Qualifying comparables3

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.5
Dental Office11.8
Hair Salon11.5

Location

490 Main St Leicester, MA 01524
County assessor Recorded deeds · not on file 3 qualifying comp sales 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

1 recorded sale · 9 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
55 Marshall, Leicester, MA 01524-1007 $110,000 Jul 2019 1,188 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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