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Financial
Distress signals
Property profile

5 Massasoit Rd Worcester MA 01604 Worcester, MA 01604

FOR LEASE
Other investment properties
Property ID
US38-1180425
4,550 SF 0.09 ac lot Built 1920
Last sale Feb 2025 · $590,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years.
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Property summary

AI-generated overview

This mixed-use property totals 4,550 square feet and includes two residential apartments plus one ground-floor commercial storefront. The storefront faces Grafton Street, and the building is situated at the corner of Massasoit Road and Grafton Street in Worcester, adjacent to a CVS. The apartment units have been updated and feature hardwood floors, and the residential portion is supported by coin-operated laundry equipment on-site. The commercial storefront has frontage on Grafton Street and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$466k
Assessed land$130k
Assessed improvement$335k

Value estimate

· Oct 2026
$505k
$455k – $556k
AI approach$490k
Submarket $/SF estimate$502k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$81 – $148
Qualifying comparables8

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?
BL-1
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.2
Realty agency17.3
Accounting Firm12.1

Location

5 Massasoit Rd Worcester MA 01604 Worcester, MA 01604
County assessor Recorded deeds · 4 transfers 8 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
340 Hamilton, Worcester, MA 01604-2265 $1,200,000 Dec 2025 4,578 SF
339 Shrewsbury, Worcester, MA 01604-4654 $1,000,000 Feb 2025 4,590 SF
264 Shrewsbury, Worcester, MA 01604-4657 $600,000 Nov 2024 4,775 SF
48 Coral, Worcester, MA 01604-6141 $540,000 Jun 2024 5,012 SF
244 Shrewsbury, Worcester, MA 01604-4666 $550,000 Dec 2023 4,134 SF
275 Shrewsbury, Worcester, MA 01604-4656 $660,000 Nov 2022 5,070 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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Ask anything about this address in plain English.
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