Property profile

720 Mechanic St Leominster, MA 01453

OFF-MARKET
Warehouses
Property ID
US38-0595880
37,684 SF 2.38 ac lot Built 1960
Individually Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 37,684 SF
Lot 2.38 ac (103,673 SF)
APN LEOM M:0445 B:0030 L:0000
UPID US38-0595880

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply
  • Memorial Park Park
  • Plumbing Service Building Supply

Location

720 Mechanic St Leominster, MA 01453-4528
Leominster metro Census 709400 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$755k

Owner & transaction history

since 2013
4 recorded transactions
2013
Price N/A
2013
Price N/A
2013
$1.0M
2008
$843,886

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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