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    Property profile & analytics

    509 Main St Leominster, MA 01453-2952

    • Gas stations
    • 1,861 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US38-0537992
    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

    • Miles automotive / Gas Station
    • Miles Automotive Service / Gas Station / Auto Repair Shop
    • Express Mart / Gas Station

    Property Details for 509 Main St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.75 lot acres
    Property size
    1,861 SF
    Property type
    Gas stations
    APN
    LEOM M:0266 B:0004 L:0000
    APU
    LEOMM0266B0004L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $420,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $480,000
      Mixed-Use
      $500,000
      Hospitality
      $420,000
      Educational
      $445,000
      Residential Income
      $505,000
      Energy
      $385,000
      Income-Based Land
      $475,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7418
    Latitude
    42.5395
    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
    2024
    $8,400
    $277,900
    $301,000
    $578,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,720 SF

      466 Mechanic St

      SERVICE STATION (FULL SERVICE) • 4,720 SF
      466 Mechanic St, Leominster, MA 01453-4432
      View Details
    • Value Estimation by Request
      3,591 SF

      1287 Main St

      SERVICE STATION (FULL SERVICE) • 3,591 SF
      1287 Main St, Leominster, MA 01453-1757
      View Details
    • Value Estimation
      $370,000
      2,410 SF

      91 Main St

      SERVICE STATION (FULL SERVICE) • 2,410 SF
      91 Main St, Leominster, MA 01453-5537
      View Details
    • Value Estimation
      $410,000
      4,375 SF

      592 Main St

      SERVICE STATION (FULL SERVICE) • 4,375 SF
      592 Main St, Leominster, MA 01453-1806
      View Details
    • Value Estimation by Request
      2,216 SF

      689 Main St

      SERVICE STATION (FULL SERVICE) • 2,216 SF
      689 Main St, Leominster, MA 01453-1817
      View Details
    • Value Estimation by Request
      1,000 SF

      436 Lancaster St

      SERVICE STATION (FULL SERVICE) • 1,000 SF
      436 Lancaster St, Leominster, MA 01453-4336
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,047 SF

      Retail and Multifamily Investment Opportunity

      Retail spaces and multifamily units near retail plazas.
      614 N Main St, Leominster, MA 01453
      View Details
    • $95,000

      Established Restaurant Opportunity For Sale

      Fully equipped restaurant with loyal clientele in high-traffic area.
      301 Lancaster St, Leominster, MA 01453
      View Details
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      Established Pasta Business Opportunity

      Profitable pasta business with loyal customer base for sale.
      557 Lancaster St, Leominster, MA 01453
      View Details
    • $999,900

      Leominster Multifamily Investment Opportunity

      Five-unit property with value-add potential and low overhead.
      25 Union St, Leominster, MA 01453
      View Details
    • $499,900

      Leominster Three-Family Property

      Three-family property with spacious units, yard, and two-car garage.
      284 Mechanic St, Leominster, MA 01453
      View Details
    • $475,000

      Paved Corner Lot For Sale

      Corner lot in excellent location with high traffic and density.
      718 Central St, Leominster, MA 01453
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,967 SF

      Retail Space in Leominster Center

      Retail space in regional shopping destination near Route 2.
      489-493 N Main St, Leominster, MA 01453
      View Details
    • $1,100 /Mo

      Retail Space in Leominster Mall

      Retail or office space available in a busy strip mall.
      853 North Main A103, Leominster, MA 01453
      View Details
    • Contact for pricing
      46,162 SF

      Leominster Retail Space For Lease

      Retail property in Leominster, MA, featuring modern upgrades.
      489 Main St, Leominster, MA 01453
      View Details
    • Contact for pricing
      25,830 SF

      Leominster Retail Center Opportunity

      Prime Retail Space, Worcester County, MA
      975 Merriam Ave, Leominster, MA 01453
      View Details
    • Contact for pricing
      3,360 SF

      Prime Leominster Retail Space

      3,360 SF Retail Space For Lease
      80 Orchard Hill Park Dr, Leominster, MA 01453
      View Details
    • Contact for pricing
      5,800 SF

      Retail Pad Site Available

      5,800 SF freestanding retail pad site for lease.
      9 Orchard Hill Park Dr, Leominster, MA 01453
      View Details
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    509 Main St
    Leominster, MA 01453-2952
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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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