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Property profile & analytics
OFF-MARKET
Office buildings
583 Main St, Leominster, MA 01453-1813
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0657143
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
FRAME
Total area
2,205 SF
Lot
0.15 ac (6,571 SF)
APN
LEOM M:0206 B:0016 L:0000
UPID
US38-0657143
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
-
Hair By Cher Hair Salon Nail Salon
-
Law Office of Richard E. Hastings Law Firm
-
Congregational Church-Christ Church
-
Gethsemane Haitian Seventh-Day Adventist Church Church
-
Salem Five Mortgage Company, LLC Loan Service Bank
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
Tegra Props LLC · 6 yrs held
Tegra Props LLC
since 2019
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
$6,704
Tax year 2024
Assessed value
$462,000
Assessed 2024
Previous assessed
$462,000
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$231,600
Assessed improvement
$230,400
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
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Bathrooms
2
Total area
2,205 SF
Lot
0.15 ac (6,571 SF)
APN
LEOM M:0206 B:0016 L:0000
UPID
US38-0657143
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
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Tegra Props LLC
Entity
Mailing address
PO BOX 37, LEOMINSTER, MA 01453-0037
Ownership since
2019
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
Oct 10, 2019
$364,000
Tegra Props LLC
Dennis G Senecal
Quit Claim Deed
$350,000 · Dennis G Senecal
Aug 22, 2017
—
Dennis G Senecal
Springwater Realty LLC
Quit Claim Deed
related
—
Jun 3, 1999
—
Denise H Bey
—
Deed Of Trust
related
$175,000 · Enterprise Bank & Trust
Mar 3, 1999
$48,000
Denise H Bey
USA Hud
Grant Deed
—
May 4, 1998
$106,656
Pnc Mtg Corp America
Gerena,angel M
Grant Deed
related
—
Jan 11, 1990
$100,000
Angel M Gerena
Tousignant,fred R
Grant Deed
$98,610 · Northern 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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