Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    5 Business Way Hopedale, MA 01747-1541

    • Commercial land
    • 5.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1164004
    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

    • Commercial land

    Property Details for 5 Business Way

    Lot size
    5.96 lot acres
    Zone code
    C
    Property type
    Commercial land
    APN
    HOPE M:0025 B:0030 L:0
    APU
    HOPEM0025B0030L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hopedale
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5081
    Latitude
    42.1053
    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
    $9,711
    $334,400
    $0.00
    $334,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.23 Acres

      136 Hartford Ave

      VACANT COMMERCIAL LAND • 2.23 Acres
      136 Hartford Ave, Hopedale, MA 01747-1504
      View Details
    • Value Estimation by Request
      1.49 Acres

      325 Main St

      VACANT COMMERCIAL LAND • 1.49 Acres
      325 Main St, Hopedale, MA 01747-1546
      View Details
    • Value Estimation by Request
      0.37 Acres

      122 Mendon St

      VACANT COMMERCIAL LAND • 1,764 SF
      122 Mendon St, Hopedale, MA 01747-1913
      View Details
    • Value Estimation by Request
      0.93 Acres

      4 Fitzgerald Dr

      VACANT COMMERCIAL LAND • 3,699 SF
      4 Fitzgerald Dr, Hopedale, MA 01747-1956
      View Details
    • Value Estimation by Request
      8.06 Acres

      240 Main St

      VACANT COMMERCIAL LAND • 8.06 Acres
      240 Main St, Hopedale, MA 01747-1415
      View Details
    • Value Estimation by Request
      0.21 Acres

      114 Mendon St

      VACANT COMMERCIAL LAND • 2,624 SF
      114 Mendon St, Hopedale, MA 01747-1913
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hopedale Land Parcel For Sale

      45-acre site with solar lease and development potential.
      300 South Main St, Hopedale, MA 01747
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Shovel-ready land at a lighted intersection with high visibility.
      114 Mendon St, Hopedale, MA 01747
      View Details
    • Contact for pricing

      Route 16 Commercial Opportunity

      0.85 acre commercial land on Route 16, shovel-ready.
      122 Mendon St, Hopedale, MA 01747
      View Details
    • Contact for pricing
      0.20 Acres

      Hopedale Commercial Land Opportunity

      Prime Route 16 location, shovel-ready lots
      114 Mendon St, Hopedale, MA 01747
      View Details
    • $550,000

      Multi-Use Commercial Lot For Sale

      2.56-acre property with approved warehouse development and house.
      370 S Main St, Hopedale, MA 01747
      View Details
    • Contact for pricing

      Versatile Flex/Light Industrial Building

      14,250 SF flex/light industrial building on 1.6 acres.
      2 Condon Way, Hopedale, MA 01747
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      1,883 SF

      Hopedale Residential Property For Rent

      Charming Hopedale residence with historic appeal, close to amenities.
      60 Bancroft Park, Hopedale, MA 01747
      View Details
    • Contact for pricing
      616,875 SF

      Hopedale Industrial Property for Rent

      Industrial property in Hopedale, accessible from Route 16 and I-495.
      75 Plain St, Hopedale, MA 01747
      View Details
    • Contact for pricing
      12,160 SF

      Versatile Flex/Office Building For Lease

      12,160 SF flex/office building in Airport Business & Industrial Park.
      2 Airport Rd, Hopedale, MA 01747
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Business Way
    Hopedale, MA 01747-1541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.