Entity Owned Property summary
This exceptional three-story brick mill building, situated on a 0.44-acre lot in Leicester, MA, presents a unique redevelopment opportunity. Located on Water Street, just off Route 9, this property boasts 25,450 square feet of space, offering high ceilings, abundant natural light, and a desirable water view. The building features many new windows, a sprinkler system, and convenient loading docks. A large parking lot is also available. The property's prime location offers easy access to… Becker College-Leicester Campus (0.5 miles) and Worcester Regional Airport (5 miles). An adjacent former fire station (currently rented) is also available. This property is zoned CB, allowing for a variety of conversion uses. The attractive brick exterior and gated entrance enhance the property's curb appeal. This is a rare chance to acquire a substantial property with significant potential in a well-established location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
7 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 25,450 SF
- Lot area
- 0.44 ac
- Year built
- 1862
- Stories
- 3
- APN
- LEIC M:19B B:00000A4 L:0
- Zoning
- CB
- Assessed value · 2024
- $594,000
- Annual tax · 2024
- $7,455
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Amend Section 3.34, Central Business District (CB), to allow large-scale ground-mounted solar photovoltaic installations by special permit from the Planning Board and to allow small-scale solar photovoltaic installations…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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