Property profile

9 Main St Leicester, MA 01524

OFF-MARKET
Retail space
Property ID
US38-0252455
1,260 SF 0.18 ac lot Built 1987
Individually Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction FRAME
Total area 1,260 SF
Lot 0.18 ac (7,841 SF)
Zoning code B
APN LEIC M:20C B:0000A25 L:0
UPID US38-0252455

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
  • General Contractor

Location

9 Main St Leicester, MA 01524-1434
Leicester metro Census 735100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2017
7 recorded transactions
2017
$100,000
2014
$65,000
2010
$125,000
2008
$55,000
2004
$55,000
2003
$55,000
1987
$60,000

Zoning & alternative use

B · Leicester, MA
Zoning description

Zoning Map Amendment: Sargent Street Vicinity. To amend the Zoning Map to rezone the following parcels from Residential 2 (R2) to Business (B): 4, 18 & 18A Sargent Street, and 1 Reservoir Street (Assessors Map 23B, Parce…

General category COMMERCIAL

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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