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    591 Lincoln St Worcester, MA 01605-1932
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    Property profile & analytics

    591 Lincoln St, Worcester, MA 01605-1932

    View on Map

    • Showrooms
    • 8,726 SF
    • 1.07 lot acres
    Off-Market
    Last Sale Dec 28, 2023
    $1,575,000
    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.

    Value Estimations
    $1,585,000
    Show details
    Cap Rate Potential
    7.2%
    Showrooms
    Location Intelligence

    Current Use by Public Records

    • Gary Peterson / Physician
    • Dan Liu / Ophthalmologist
    • Kevin Quang / Physician
    • Jennifer Damico / Physician
    • Robert Frisch / Physician

    Property Details for 591 Lincoln St

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

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 28, 2023 — Edward L Kazarian Edward L Kazarian Quit Claim Deed · related —
    Dec 28, 2023 $1,575,000 Bokk Properties LLC Edward L Kazarian Quit Claim Arm's Length For Ne States $1.2M · Berkshire Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,630,000
      ML approach
      $1,565,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,965,000
      6.5%
      $1,810,000
      7%
      $1,685,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,220,000
      Market price range: $744k - $1.43M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,110,000
      Current use
      RESTAURANT
      $1,815,000
      Change: +63% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,490,000
      Change: +34% Conversion: Difficult
      RETAIL STORES
      $1,275,000
      Change: +15% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,100,000
      Change: -1% Conversion: Difficult
      OFFICE BUILDING
      $1,090,000
      Change: -2% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,045,000
      Change: -6% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    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
    More about this property
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