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    Property profile & analytics

    525 Chase Rd Lunenburg, MA 01462-1721

    • Auto shops
    • 1,500 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Jun 16, 2021
    $260,000
    Location Intelligence
    Property ID
    US38-1446426
    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

    • AJM Automotive Repairs / Auto Repair Shop
    • Tri Town Powder Coating / Powder Coating Service

    Property Details for 525 Chase Rd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    0.94 lot acres
    Property size
    1,500 SF
    Zone code
    C
    Property type
    Auto shops
    APN
    LUNE M:033.0 B:0014 L:0000.0
    APU
    LUNEM0330B0014L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $350,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $385,000
      Mixed-Use
      $370,000
      Hospitality
      $320,000
      Educational
      $305,000
      Residential Income
      $320,000
      Energy
      $315,000
      Income-Based Land
      $405,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Lunenburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7448
    Latitude
    42.6158
    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
    $2,638
    $128,300
    $58,800
    $187,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $390,000
      3,322 SF

      383 Whalom Rd

      AUTO REPAIR, GARAGE • 3,322 SF
      383 Whalom Rd, Lunenburg, MA 01462-2430
      View Details
    • Value Estimation
      $265,000
      1,316 SF

      541 Chase Rd

      AUTO REPAIR, GARAGE • 1,316 SF
      541 Chase Rd, Lunenburg, MA 01462-1721
      View Details
    • Value Estimation
      $270,000
      2,250 SF

      1249 Massachusetts Ave

      AUTO REPAIR, GARAGE • 2,250 SF
      1249 Massachusetts Ave, Lunenburg, MA 01462-1813
      View Details
    • Value Estimation
      $330,000
      7,700 SF

      259 Leominster Shirley Rd

      AUTO REPAIR, GARAGE • 7,700 SF
      259 Leominster Shirley Rd, Lunenburg, MA 01462-1658
      View Details
    • Value Estimation
      $210,000
      1,313 SF

      93 Whalom Rd

      AUTO REPAIR, GARAGE • 1,313 SF
      93 Whalom Rd, Lunenburg, MA 01462-2304
      View Details
    • Value Estimation
      $235,000
      3,376 SF

      321 Whalom Rd

      AUTO REPAIR, GARAGE • 3,376 SF
      321 Whalom Rd, Lunenburg, MA 01462-2424
      View Details

    Similar Nearby for Sale

    • $1,400,000
      4,200 SF

      Car Dealership For Sale

      Car dealership with 100+ license on a 1.27-acre site.
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    • Contact for pricing
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      Former GM dealership with frontage on Route 2A.
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      Profitable restaurant business with liquor license and growth potential.
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    • $1,500,000
      34.00 Acres

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      34 acres of wooded land, ideal for residential development.
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    • $310,000

      Mixed-Use Commercial/Industrial Opportunity

      Versatile property with high visibility and flexible zoning.
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      Whalom Road Religious Facility

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    Similar Nearby for Lease

    • Contact for pricing
      2,608 SF

      Former Pizza Restaurant For Rent

      Restaurant space available across from Walmart and Hannaford's.
      308-324 Massachusetts Ave, Lunenburg, MA 01462
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Lunenburg Center

      Retail space with high visibility and ample parking.
      315-333 Massachusetts Ave, Lunenburg, MA 01462
      View Details
    • Contact for pricing
      26,989 SF

      Industrial Space Available for Lease

      290,496 SF available in Lunenburg, MA, ready for fixturing.
      435 Leominster Shirley Rd, Lunenburg, MA 01462
      View Details
    • $1,200 /Mo
      400 SF

      Downtown Lunenburg Renovated Office Space

      Renovated 400 SF office space in downtown Lunenburg.
      3 Lancaster Ave, Lunenburg, MA 01462
      View Details
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    525 Chase Rd
    Lunenburg, MA 01462-1721
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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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