640 Park Ave Worcester, MA 01603-2035
Property profile & analytics
640 Park Ave, Worcester, MA 01603-2035
- Commercial real estate
- 16,607 SF
- 2.04 lot acres
Property ID
US38-1249014
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.
Location Intelligence
Current Use by Public Records
- Dunkin' / Bakery / Specialty Food Shop
- Yatco Food Mart / Grocery & Convenience Store
- PureCoin Bitcoin ATM / Atm
- Yatco-Gulf / Gas Station
- Bitcoin ATM Worcester - Coinhub / Atm / Currency Exchange Service
Property Details for 640 Park Ave
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.04 lot acres
- Zone code
- BG-3
- Property type
- Commercial real estate
- APN
- WORC M:08 B:023 L:00001
- APU
- WORCM08B023L00001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 1, 2018 | — | Branded Realty Group 2 | — | Deed · related | $3.8M · Td Bank NA |
| Jun 26, 2017 | — | Branded Realty Group 2 | Branded Realty Group LLC | Quit Claim Deed · related | — |
| Nov 15, 2016 | $1,700,000 | Branded Realty Group LLC | Sakura Of Tokyo Real Est | Quit Claim Deed | — |
| Dec 16, 2010 | — | Sakura Of Tokyo Re INC | — | Deed Of Trust · related | $1.2M · Southbridge Savings Bank |
| Aug 12, 1991 | $1,500,000 | Sakura Of Tokyo Re | Wino Tiki INC | Grant Deed | $1.5M · Zenon Grzybowski |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,735,000
- 6.5%
- $3,450,000
- 7%
- $3,205,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,520,000
- AI Estimate
- $1,677,000
Market price range: $1.16M - $2.52MMarket price range: $697k - $1.68M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,825,000 Current use
- RESTAURANT
- $3,455,000 Change: +89% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,840,000 Change: +55% Conversion: Difficult
- RETAIL STORES
- $2,425,000 Change: +33% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,095,000 Change: +15% Conversion: Difficult
- OFFICE BUILDING
- $2,070,000 Change: +13% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,995,000 Change: +9% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,665,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8354
- Latitude
- 42.2468
- 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
2020
$63,081
$1,133,700
$1,416,900
$2,550,600
-
$0.00
$0.00
$0.00
