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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Specialty properties
534 Cambridge St, Worcester, MA 01610-2646
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0499273
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,154 SF
Lot
0.16 ac (6,810 SF)
Zoning code
RG-5
APN
WORC M:07 B:037 L:00006
UPID
US38-0499273
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Living In Freedom · 3 yrs held
Living In Freedom
since 2022
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
RG-5 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$710,000
+68.2%
Retail stores
$605,000
+43.7%
Neighborhood: shopping center
$525,000
+24.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Worcester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Worcester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$615,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$420,000
Current use
AUTO REPAIR, GARAGE
$710,000
Change: +68% · Conversion: Difficult
RETAIL STORES
$605,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$525,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$415,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $750k (Jul 22 2022)
Last sale anchor
$750k
Jul 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$165 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,939
Tax year 2023
Assessed value
$400,100
Assessed 2024
Previous assessed
$413,900
-3.3% YoY
Effective rate
3.23%
On assessed value
Assessed land
$102,800
Assessed improvement
$297,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Total area
4,154 SF
Lot
0.16 ac (6,810 SF)
Zoning code
RG-5
APN
WORC M:07 B:037 L:00006
UPID
US38-0499273
Jurisdiction
WORCESTER
Zoning & alternative use
RG-5 · Worcester, MA
Zoning RG-5 · permitted uses
RG-5 · Worcester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Worcester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$420,000
AUTO REPAIR, GARAGE
Est. value
$710,000
RETAIL STORES
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$525,000
OFFICE BUILDING
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$415,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Living In Freedom
Individual
Mailing address
316 LINCOLN ST, WORCESTER, MA 01605-3634
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2022
$750,000
Living In Freedom
Quality Contracting INC
Quit Claim Arm's Length For Ne States
$525,000 · Webster Five Cents Savings Bank
May 3, 2007
—
Quality Contracting INC
—
Deed Of Trust
related
$400,000 · Hometown Bank Coop
Mar 20, 2003
—
Quality Contracting INC
—
Deed Of Trust
related
$100,000 · Hometown Bank Coop
Jul 11, 2002
$35,000
Quality Contracting
Dupont,michael D
Grant Deed
—
May 1, 2000
$25,000
Michael D Dupont
Worcester City Of
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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