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

    591 Lincoln St Worcester, MA 01605-1932

    • Showrooms
    • 8,726 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $1,590,000
    Last Sale
    Dec 28, 2023
    $1,575,000
    Location Intelligence
    Property ID
    US38-0406254
    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

    • Gary Peterson / Optometrist
    • Dan Liu / Health Care Facility / Ophthalmologist
    • Kevin Quang / Optometrist
    • Jennifer Damico / Optometrist
    • Robert Frisch / Optometrist

    Property Details for 591 Lincoln St

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.07 lot acres
    Property size
    8,726 SF
    Zone code
    BL-1
    Property type
    Showrooms
    APN
    WORC M:46 B:047 L:00002
    APU
    WORCM46B047L00002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,420,000
      6.5%
      $1,620,000
      7%
      $1,545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,440,000
      Geo Method
      $1,450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,620,000
      Retail
      $1,700,000
      Mixed-Use
      $1,620,000
      Hospitality
      $1,695,000
      Educational
      $1,630,000
      Residential Income
      $1,235,000
      Energy
      $1,295,000
      Income-Based Land
      $1,360,000
      Food Service
      $1,380,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7682
    Latitude
    42.2965
    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
    $39,037
    $642,000
    $657,500
    $1,299,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,144 SF

      63 Lincoln St

      SHOW ROOM, WAREHOUSE • 6,144 SF
      63 Lincoln St, Worcester, MA 01605-2634
      View Details
    • Value Estimation by Request
      20,699 SF

      95 Lincoln St

      SHOW ROOM, WAREHOUSE • 20,699 SF
      95 Lincoln St, Worcester, MA 01605-2441
      View Details
    • Value Estimation by Request
      7,644 SF

      130 Lincoln St

      SHOW ROOM, WAREHOUSE • 7,644 SF
      130 Lincoln St, Worcester, MA 01605-2430
      View Details
    • Value Estimation
      $615,000
      24,213 SF

      112th Grv St

      SHOW ROOM, WAREHOUSE • 24,213 SF
      112th Grv St, Worcester, MA 01605-2629
      View Details
    • Value Estimation
      $545,000
      35,364 SF

      2 Grv St

      SHOW ROOM, WAREHOUSE • 35,364 SF
      2 Grv St, Worcester, MA 01605-2604
      View Details
    • Value Estimation
      $350,000
      2,100 SF

      447 Grv St

      SHOW ROOM, WAREHOUSE • 2,100 SF
      447 Grv St, Worcester, MA 01605
      View Details

    Similar Nearby for Sale

    • $4,153,016
      11,382 SF

      451 Lincoln St

      Individual retail properties • 11,382 SF
      451 Lincoln St, Worcester, MA 01605
      View Details
    • $1,400,000

      Prime Worcester Commercial Property

      High-traffic location with storefronts, offices, and garage space.
      453-455 Lincoln St, Worcester, MA 01605
      View Details
    • $1,000,000

      Prime Parking Lot Opportunity

      13,721 SF parking lot in the heart of Worcester.
      107 E Central St, Worcester, MA 01605
      View Details
    • $4,000,000
      17,724 SF

      New Construction Multifamily in Worcester

      Newly constructed multifamily residence in Worcester with modern design.
      40 Hooper St, Worcester, MA 01605
      View Details
    • $2,250,000
      0.50 Acres

      Worcester Medical Office Building

      Prime Medical Space - 9,500 SF
      631 Lincoln St, Worcester, MA 01605
      View Details
    • $749,900

      Large Multifamily Property Near Hospital

      Three-family property with updates, convenient location, and parking.
      24 Catharine St, Worcester, MA 01605
      View Details

    Similar Nearby for Lease

    • $1,650,000
      1,895 SF

      Highly Visible Retail Space

      Retail space with high visibility and strong traffic counts.
      173 Grove St, Worcester, MA 01605
      View Details
    • Contact for pricing
      7,400 SF

      Prime Retail Space Available

      Retail space for rent in a prime location.
      270 Grove St, Worcester, MA 01605
      View Details
    • Contact for pricing
      11,000 SF

      Retail Strip in Prime Location

      11,000 SF retail strip in sought-after commercial area.
      31-35 Park Ave, Worcester, MA 01605
      View Details
    • $1.00 SF/Yr
      14,300 SF

      Worcester Retail Redevelopment Opportunity

      Redevelopment opportunity in Worcester, former Walgreens, 14,300 SF available.
      472 Lincoln St, Worcester, MA 01605
      View Details
    • Contact for pricing
      8,511 SF

      Retail Space on Grafton Street

      Retail space for lease in a high-traffic Worcester location.
      994 Grafton St, Worcester, MA 01605
      View Details
    • Contact for pricing
      6,288 SF

      Retail Space in Worcester Center

      Retail space available in a densely populated Worcester power center.
      539 Lincoln St, Worcester, MA 01605
      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.
    591 Lincoln St
    Worcester, MA 01605-1932
    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.