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    Property profile & analytics

    97 Stafford St Worcester, MA 01603-1424

    • Turn key restaurants
    • 6,075 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $1,995,000
    Last Sale
    Apr 25, 2024
    $2,000,000
    Location Intelligence
    Property ID
    US38-0158420
    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

    • Express Rооfеrs - Rооf Rераіr & Rерlасе Sеrvісе / Corporate Office / Roofing Contractor
    • American Air Inc / Corporate Office / Air Duct Cleaning Service
    • Zorba's Taverna / Greek Restaurant / Family Restaurant

    Property Details for 97 Stafford St

    Year built
    1953
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.76 lot acres
    Property size
    6,075 SF
    Zone code
    ML20
    Property type
    Turn key restaurants
    APN
    WORC M:15 B:029 L:0001B
    APU
    WORCM15B029L0001B

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,045,000
      6.5%
      $1,870,000
      7%
      $2,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,090,000
      Geo Method
      $1,765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,150,000
      Retail
      $2,235,000
      Mixed-Use
      $1,720,000
      Hospitality
      $1,950,000
      Educational
      $2,225,000
      Residential Income
      $2,120,000
      Energy
      $2,070,000
      Income-Based Land
      $1,910,000
      Food Service
      $2,035,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8422
    Latitude
    42.2399
    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
    $23,410
    $355,700
    $423,600
    $779,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $790,000
      4,371 SF

      3 Stafford St

      RESTAURANT • 4,371 SF
      3 Stafford St, Worcester, MA 01603-1422
      View Details
    • Value Estimation
      $320,000
      1,872 SF

      1420 Main St

      RESTAURANT • 1,872 SF
      1420 Main St, Worcester, MA 01603-1239
      View Details
    • Value Estimation
      $415,000
      2,156 SF

      1001 Main St

      RESTAURANT • 2,156 SF
      1001 Main St, Worcester, MA 01603-2418
      View Details
    • Value Estimation
      $290,000
      1,500 SF

      5 Saugus Pl

      RESTAURANT • 1,500 SF
      5 Saugus Pl, Worcester, MA 01603-2340
      View Details
    • Value Estimation by Request
      4,720 SF

      1160 Main St

      RESTAURANT • 4,720 SF
      1160 Main St, Worcester, MA 01603-2020
      View Details
    • Value Estimation
      $205,000
      1,429 SF

      267 Webster St

      RESTAURANT • 1,429 SF
      267 Webster St, Worcester, MA 01603-2200
      View Details

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      Restaurant Property in Webster Square

      High-visibility restaurant property in Worcester's Webster Square neighborhood.
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      View Details
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      Versatile Commercial Building in Worcester

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      Updated Auto Repair Garage For Sale

      Four-bay auto repair garage with successful business and equipment.
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    Similar Nearby for Lease

    • Contact for pricing
      5,238 SF

      Worcester Retail Space For Lease

      Prime Webster Square location, 5,200 SF available.
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      Park Ave Office Space - To Be Built

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      Worcester Retail Space Available

      Retail space available for lease in Worcester, Massachusetts.
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      6,000 SF

      Worcester Commercial Land Opportunity

      2.4 Acres, Up to 6,000 SF
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      View Details
    • Contact for pricing
      5,700 SF

      Worcester Retail Pad Site Opportunity

      Prime 2.24-acre lot, build-to-suit options.
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      View Details
    • $1,800 /Mo

      High-Traffic Retail Space Available

      Retail space with excellent visibility on a busy main road.
      539 Park Ave, Worcester, MA 01603
      View Details

    Property Visit Statistics

    • Visits by month
      36.2k
    • Visitors by month
      23.7k
    • Avg Time on site
      19 min
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    97 Stafford St
    Worcester, MA 01603-1424
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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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