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    Property profile & analytics

    57 Wire Vlg Rd Spencer, MA 01562-1440

    • Investment properties
    • 2,336 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Jul 11, 2022
    Location Intelligence
    Property ID
    US38-1085791
    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

    • New England Metal Services / Metal Polishing Service / Metal Finisher

    Property Details for 57 Wire Vlg Rd

    Year built
    1890
    Lot size
    1.38 lot acres
    Property size
    2,336 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SPEN M:00R37 B:00035 L:00000
    APU
    SPENM00R37B00035L00000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9894
    Latitude
    42.2658
    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
    $4,873
    $56,400
    $369,600
    $426,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      2,280 SF

      184 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,280 SF
      184 Main St, Spencer, MA 01562-2117
      View Details
    • Value Estimation
      $140,000
      2,082 SF

      232 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,082 SF
      232 Main St, Spencer, MA 01562-1724
      View Details
    • Value Estimation
      $215,000
      4,911 SF

      42 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,911 SF
      42 Main St, Spencer, MA 01562-2138
      View Details
    • Value Estimation
      $210,000
      4,141 SF

      188 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,141 SF
      188 Main St, Spencer, MA 01562-2264
      View Details
    • Value Estimation
      $505,000
      690 SF

      143 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 690 SF
      143 Main St, Spencer, MA 01562-2278
      View Details
    • Value Estimation by Request
      23,342 SF

      117 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 23,342 SF
      117 Main St, Spencer, MA 01562-2125
      View Details

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    Similar Nearby for Lease

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      Retail space available for lease with heavy vehicle traffic.
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    57 Wire Vlg Rd
    Spencer, MA 01562-1440
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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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