Financial
Distress signals
Property profile

625 Chandler St 23 Worcester, MA 01602

FOR SALE
Retail space
Property ID
US38-1886029
4,760 SF 0.26 ac lot Built 1985
Last sale Apr 2025 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 625 Chandler Street, Worcester, Massachusetts includes the entire second floor configured as a commercial office unit. The interior is fully built out with multiple private offices and a large conference area, arranged to support professional office operations, professional services, or medical-style practice use. The unit’s elevated position provides separation from ground-level activity. The property is located in Worcester with access to major routes and nearby business districts, and it is zoned BL-1 (Legal Conforming). The space is not ADA compliant.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$503k
Assessed land$206k
Assessed improvement$297k
Effective rate3.00%

Value estimate

· Sep 2026
$640k
$576k – $704k
AI approach$650k
Sales comparison$633k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$4k
Operating expenses−$4k
NOI · 1,518.17% cap applied$13k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$81 – $230
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,518.17%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BL-1
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.2
Gym & Fitness10.9
Bar & Pub10.2

Location

625 Chandler St, Unit 23 Worcester, MA 01602
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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