Technical
Financial
Distress signals
Property profile

501 Broadway Gardner, MA 01440

OFF-MARKET
Manufacturing properties
Property ID
US38-0247216
34,611 SF 1.8 ac lot Built 1920
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 34,611 SF
Lot 1.8 ac (78,408 SF)
APN GARD M:M17 B:4 L:2
UPID US38-0247216

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

501 Broadway Gardner, MA 01440-2813
Gardner metro Census 707300 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$537k
Blend (final) Blend
$570k

Owner & transaction history

since 2014
6 recorded transactions
2014
$730,000
2013
Price N/A
2010
$1
2010
$1.0M
1995
$175,000
1994
$600,000

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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