Technical
Financial
Distress signals
Property profile

7 Mechanic St Douglas, MA 01516

OFF-MARKET
Investment properties
Property ID
US38-0631998
5,386 SF 0.54 ac lot Built 1840
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1840
Construction FRAME
Total area 5,386 SF
Lot 0.54 ac (23,527 SF)
Zoning code CB
APN DOUG M:0163 B:0000087 L:
UPID US38-0631998

Cap rate & NOI

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

Location

7 Mechanic St Douglas, MA 01516
Douglas metro Census 752101 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$745k
Comparable Approach Comparable
$828k
Blend (final) Blend
$590k

Owner & transaction history

since 2005
5 recorded transactions
2006
Price N/A
2005
$1
2005
$100,000
1995
$100,000
1989
Price N/A

Zoning & alternative use

CB · Douglas, MA
Top alternative use upside
Retail stores $845,000 +42.6%
Auto repair, garage $825,000 +39.4%
Office building $730,000 +23.6%

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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