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Property profile & analytics
OFF-MARKET
Estimated value
$4,285,000
Automotive properties
495 Main St, Leominster, MA 01453-2952
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1044702
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,004 SF
Lot
3.7 ac (161,172 SF)
APN
LEOM M:0266 B:0006 L:0000
UPID
US38-1044702
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
-
Durand GMC Service & Parts Auto Repair Shop
-
Baker Cadillac Car Dealership
-
Durand Cadillac Car Dealership
-
Durand GMC Auto Repair Shop
-
Durand Buick GMC Auto Financing Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$4.29M
Owner & transaction history
Main&mead LLC · 4 yrs held
Main&mead LLC
since 2021
Last sale
$4.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+22.9%
Retail stores
$4.1M
+2.3%
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 Leominster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leominster 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
Method
Estimation
Statistic approach
$4,235,000
ML approach
$4,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,990,000
Current use
RESTAURANT
$4,905,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$4,080,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$3,715,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,280,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$4.29M
Range $3.86M – $4.71M · ±10% · vs last sale $4.30M (Dec 1 2021)
Last sale anchor
$4.30M
Dec 1 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$165 / SF
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
$36,941
Tax year 2024
Assessed value
$2,545,900
Assessed 2024
Previous assessed
$2,414,300
+5.5% YoY
Effective rate
1.45%
On assessed value
Assessed land
$1,110,400
Assessed improvement
$1,435,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
26,004 SF
Lot
3.7 ac (161,172 SF)
APN
LEOM M:0266 B:0006 L:0000
UPID
US38-1044702
Jurisdiction
LEOMINSTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$4.0M
RESTAURANT
Est. value
$4.9M
RETAIL STORES
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
3.7 ac
Current owner
From public records · entity-resolved
Main&mead LLC
Entity
Mailing address
30 PERRY RD, BOYLSTON, MA 01505-1456
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
$4,300,000
Main&mead LLC
Ek&jh Baker Nt
Quit Claim Arm's Length For Ne States
$2,550,000 · Enterprise Bank & Trust Co
Jul 18, 2014
—
Ek Nt
—
Deed Of Trust
related
$3,350,000 · Enterprise Bank & Trust
Jan 10, 2003
—
Ek Nt
—
Deed Of Trust
related
$820,000 · Enterprise Bank & Trust
Apr 28, 1995
$810,000
Ek Nt
Cousins,ralph E
Grant Deed
$630,000 · Gmac Mortgage Corp Pa
Jul 14, 1989
—
Ralph Cousins
—
Deed Of Trust
related
$150,000 · Bank Of N E Worcester
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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