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Property profile & analytics
OFF-MARKET
Office buildings
55 Mead St, Leominster, MA 01453-2965
Individually Owned
4-yr Hold
Property ID
US38-1489806
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2018
Construction
FRAME
Total area
3,997 SF
Lot
0.33 ac (14,591 SF)
APN
LEOM M:0267 B:0016 L:0000
UPID
US38-1489806
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
Current use
Occupant on record · Public records
-
Goguen Construction Inc General Contractor
-
Goguen Kitchen and Baths Hardware & Home Improvement Kitchen & Bath Showroom
-
MD Esthetics Spa & Massage Center Alternative Medicine Practice
-
Mike Graciale's Tattoo Studio Tattoo & Piercing Shop
-
RE/MAX Diverse- Leominster Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
55 Mead Street RT · 4 yrs held
55 Mead Street RT
since 2022
Last sale
$215,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Leominster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leominster 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,602
Tax year 2024
Assessed value
$592,800
Assessed 2024
Previous assessed
$596,500
-0.6% YoY
Effective rate
1.45%
On assessed value
Assessed land
$234,000
Assessed improvement
$358,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
10
Bathrooms
3
Total area
3,997 SF
Lot
0.33 ac (14,591 SF)
APN
LEOM M:0267 B:0016 L:0000
UPID
US38-1489806
Jurisdiction
LEOMINSTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2018
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
10
Bathrooms
3
Lot
0.33 ac
Current owner
From public records · entity-resolved
55 Mead Street RT
Individual
Mailing address
675 RESERVOIR RD, LUNENBURG, MA 01462-1540
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2022
—
55 Mead Street RT
Goguen INC
Quit Claim Deed
related
—
Jul 28, 2017
$215,000
Goguen INC
Joseph L Fortin
Quit Claim Arm's Length For Ne States
$425,000 · Avidia Bank
Sep 14, 2010
—
Joseph L Fortin
—
Deed Of Trust
related
$132,750 · Digital FCU
Apr 3, 2006
—
Joseph L Fortin
—
Deed Of Trust
related
$20,000 · Digital FCU
Sep 2, 2003
—
Joseph L Fortin
—
Deed Of Trust
related
$95,000 · Leominster Cu
Apr 1, 1999
$94,000
Joseph L Fortin
Nacke,carl H
Grant Deed
$74,400 · National City Mortgage Co
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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