Property profile

60 Chestnut St Gardner, MA 01440

OFF-MARKET
Warehouses
Property ID
US38-1540053
18,501 SF 0.53 ac lot Built 1886
Individually Owned Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1886
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,501 SF
Lot 0.53 ac (23,000 SF)
APN GARD M:R27 B:22 L:25
UPID US38-1540053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

60 Chestnut St Gardner, MA 01440-2204
Gardner metro Census 707500 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$420k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2014
$75,000
2007
$1

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.2M +20.2%
Apartment house (5+ units) $2.2M +19.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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