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    Property profile & analytics

    724 Main St Cherry Valley, MA 01611-3001

    • Showrooms
    • 525 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US38-0971227
    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.

    Current Use by Public Records

    • Showrooms

    Property Details for 724 Main St

    Year built
    1938
    Construction
    FRAME
    Lot size
    0.51 lot acres
    Property size
    525 SF
    Zone code
    B
    Property type
    Showrooms
    APN
    LEIC M:21B B:00000A9 L:0
    APU
    LEICM21BB00000A9L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Valley
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8928
    Latitude
    42.2449
    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
    2024
    $1,879
    $99,400
    $50,300
    $149,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $225,000
      4,400 SF

      210 Main St

      SHOW ROOM, WAREHOUSE • 4,400 SF
      210 Main St, Cherry Valley, MA 01611-3141
      View Details
    • Value Estimation
      $370,000
      7,200 SF

      521 Stafford St

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      521 Stafford St, Cherry Valley, MA 01611
      View Details
    • Value Estimation
      $355,000
      3,182 SF

      468 Auburn St

      RETAIL STORES (PERSONAL SERVICES) • 3,182 SF
      468 Auburn St, Cherry Valley, MA 01611-3323
      View Details
    • Value Estimation
      $315,000
      5,955 SF

      18th Sargent St

      RETAIL STORES (PERSONAL SERVICES) • 5,955 SF
      18th Sargent St, Cherry Valley, MA 01611-3104
      View Details
    • Value Estimation
      $220,000
      2,088 SF

      111 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,088 SF
      111 Main St, Cherry Valley, MA 01611-3110
      View Details
    • Value Estimation
      $410,000
      2,520 SF

      335 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,520 SF
      335 Main St, Cherry Valley, MA 01611-3142
      View Details

    Similar Nearby for Sale

    • $399,000

      Three-Unit Building in Business Zone

      Well-maintained three-unit building suitable for owner-occupancy or business.
      500 Main St, Leicester, MA 01611
      View Details
    • $1,650,000
      5,250 SF

      Leicester Flex Space Investment

      Modern Flex Building, Excellent Location
      546 Stafford St, Leicester, MA 01611
      View Details
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    724 Main St
    Cherry Valley, MA 01611-3001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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