Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    529 Park Ave Worcester, MA 01603-2534

    • Investment properties
    • 1,734 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Jan 28, 2022
    $230,000
    Location Intelligence
    Property ID
    US38-1831346
    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

    • Perfect Fit Tailoring / Clothing Store / Tailor

    Property Details for 529 Park Ave

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    1,734 SF
    Zone code
    BG-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WORC M:08 B:010 L:00020
    APU
    WORCM08B010L00020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $160,000
      6.5%
      $190,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $150,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $185,000
      Mixed-Use
      $185,000
      Hospitality
      $215,000
      Educational
      $155,000
      Residential Income
      $160,000
      Energy
      $195,000
      Income-Based Land
      $175,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.829
    Latitude
    42.2516
    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
    $0.00
    $110,100
    $172,200
    $282,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      105 Canterbury St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.27 Acres
      105 Canterbury St, Worcester, MA 01603
      View Details
    • Value Estimation by Request
      0.21 Acres

      533 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.21 Acres
      533 Park Ave, Worcester, MA 01603-2536
      View Details
    • Value Estimation
      $135,000
      0.09 Acres

      171 Stafford St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.09 Acres
      171 Stafford St, Worcester, MA 01603-1429
      View Details
    • Value Estimation by Request
      5,029 SF

      220 Stafford St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,029 SF
      220 Stafford St, Worcester, MA 01603-1179
      View Details
    • Value Estimation
      $240,000
      2,563 SF

      250 Webster St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,563 SF
      250 Webster St, Worcester, MA 01603-2225
      View Details
    • Value Estimation
      $580,000
      0.53 Acres

      1258 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.53 Acres
      1258 Main St, Worcester, MA 01603-1859
      View Details

    Similar Nearby for Sale

    • $950,000
      7,664 SF

      Historic Worcester Mixed-Use Landmark

      Mixed-use property with bar and multifamily units for sale.
      139 Grand Street Ct, Worcester, MA 01603
      View Details
    • $539,000

      Mixed-Use Property Near Clark University

      Mixed-use property near Clark University with investment potential.
      1022 Main St, Worcester, MA 01603
      View Details
    • $950,000

      Mixed-Use Investment Opportunity in Worcester

      Mixed-use property with commercial and residential units near Clark University.
      73 Southgate St, Worcester, MA 01603
      View Details
    • $8,000,000

      Worcester Development Opportunity on Park Avenue

      Prime 7.33-acre development site near downtown Worcester.
      520 Park Ave, Worcester, MA 01603
      View Details
    • $795,000
      Pending

      Worcester Triplex Near Clark University

      Well-maintained three-family property near Clark University with income potential.
      180 Canterbury St, Worcester, MA 01603
      View Details
    • $675,000

      Updated Multifamily Near Clark University

      Multi-family residence near Clark University, fully updated and occupied.
      19 Oliver St, Worcester, MA 01603
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Outdoor Storage Land

      5.33 acres of industrial outdoor storage land for rent.
      140 Goddard Memorial Dr, Worcester, MA 01603
      View Details
    • $3,000 /Mo
      11,250 SF

      Available Storage Space For Rent

      5,000-sf storage space with loading dock, convenient highway access.
      93 Stafford St, Worcester, MA 01603
      View Details
    • $17 SF/Yr
      46,302 SF

      Worcester Office Space Available

      Modern office suites, ample parking.
      120 Stafford St, Worcester, MA 01603
      View Details
    • $4,650,000
      9,826 SF

      Worcester Industrial Building For Lease

      Industrial building with office space and potential for residential conversion.
      60 Fremont St, Worcester, MA 01603
      View Details
    • $6,250 /Mo

      Commercial Land with Drive-Thru Potential

      Commercial land for rent with drive-thru and pylon signage.
      29-49 James St, Worcester, MA 01603
      View Details
    • Contact for pricing
      68,966 SF

      Worcester Retail Space Available

      Retail space available for lease in Worcester, Massachusetts.
      50 Cambridge St, Worcester, MA 01603
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    529 Park Ave
    Worcester, MA 01603-2534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.