Property profile

500 Granite St Worcester, MA 01607

OFF-MARKET
Investment properties
Property ID
US38-0472028
2,148 SF 5.65 ac lot Built 1961
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,148 SF
Lot 5.65 ac (246,114 SF)
Zoning code RL-7
APN WORC M:31 B:002 L:00016
UPID US38-0472028

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500 Granite St Worcester, MA 01607-1226
Worcester metro Census 732802 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2003
1 recorded transaction
2003
$475,990

Zoning & alternative use

RL-7 · Worcester, MA
Zoning description

The purpose of the RL-7 is the promotion of residential uses and related uses

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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