Property profile

503 Plantation St Worcester, MA 01605

OFF-MARKET
Hotels
Property ID
US38-1265624
93,774 SF 7.27 ac lot Built 2005
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2005
Construction FRAME
Total area 93,774 SF
Lot 7.27 ac (316,681 SF)
Zoning code ML-.5
APN WORC M:46 B:045 L:0001C
UPID US38-1265624

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
  • Hotel & Motel
  • Hotel & Motel Bed & Breakfast
  • Parking Lot & Garage

Location

503 Plantation St Worcester, MA 01605-4522
Worcester metro Census 732002 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$20.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.35M

Owner & transaction history

since 2024
Last sale
$20.4M
6 recorded transactions
2024
$20.4M
2019
Price N/A
2015
$22.0M
2005
Price N/A
2004
$625,000
1969
Price N/A

Zoning & alternative use

ML-.5 · Worcester, MA

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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