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    Property profile & analytics

    50 Ml St Worcester, MA 01603-2025

    • Commercial real estate
    • 6.39 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1448508
    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

    • Dollar Tree / School Supply Store / Variety Store
    • Asian Supermarket / Grocery Store / Supermarket
    • Harbor Freight Tools / Hardware Store / Tool Store
    • ATM / Atm
    • Mill St. Plaza / Shopping Mall

    Property Details for 50 Ml St

    Lot size
    6.39 lot acres
    Zone code
    BG-4
    Property type
    Commercial real estate
    APN
    WORC M:08 B:019 L:01+02
    APU
    WORCM08B019L0102

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8321
    Latitude
    42.2471
    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
    2020
    $220,123
    $3,160,100
    $3,739,400
    $6,899,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      49 James St

      Land
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      14.66 Acres

      68 Stafford St

      COMMERCIAL (GENERAL) • 14.66 Acres
      68 Stafford St, Worcester, MA 01603-1450
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      16,607 SF

      640 Park Ave

      COMMERCIAL (GENERAL) • 16,607 SF
      640 Park Ave, Worcester, MA 01603-2035
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      26,887 SF

      1183 Main St

      COMMERCIAL (GENERAL) • 26,887 SF
      1183 Main St, Worcester, MA 01603-2012
      View Details
    • Value Estimation
      $375,000
      4,925 SF

      6 Fremont St

      SHOW ROOM, WAREHOUSE • 4,925 SF
      6 Fremont St, Worcester, MA 01603-2305
      View Details
    • Value Estimation
      $305,000
      3,679 SF

      1027 Main St

      SHOW ROOM, WAREHOUSE • 3,679 SF
      1027 Main St, Worcester, MA 01603-2425
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Industrial Outdoor Storage Land

      5.33 acres of industrial outdoor storage land for rent.
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      11,250 SF

      Available Storage Space For Rent

      5,000-sf storage space with loading dock, convenient highway access.
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      Worcester Office Space Available

      Modern office suites, ample parking.
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      Commercial land for rent with drive-thru and pylon signage.
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      68,966 SF

      Worcester Retail Space Available

      Retail space available for lease in Worcester, Massachusetts.
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      View Details

    Property Visit Statistics

    • Visits by month
      19.2k
    • Visitors by month
      13.6k
    • Avg Time on site
      18 min
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    Worcester, MA 01603-2025
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    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
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