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    114 Recepti Southbridge, MA 01550

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    For Lease
    $500 /Mo

    Office space in a refurbished schoolhouse with included utilities.

    Lot size:
    1.17 Acres

    Property Features for 114 Recepti

    General Information

    Lot size
    1.17 Acres

    Building Details

    Year built
    1925

    Source: Century 21 North East Agent Elizabeth Sullivan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Refurbished Schoolhouse Office Space

    Office space featuring a reception area is available within a refurbished schoolhouse. The property includes free off-street parking. Common areas provide access to conference rooms, a kitchen, a café, restrooms, and a shower. Utilities are included. The location offers easy access to major highways. The tenancy is subject to a Tenancy at Will Agreement. The building is also for sale.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Southbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0339
    Latitude
    42.0598

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    FAQs

    What type of property is this?
    Office space - Office space in a refurbished schoolhouse with included utilities.
    Where is this office space located?
    The property is located at 114 Recepti Southbridge, MA.
    What are key features of this property?
    This property features: - Free off-street parking; - Utilities included; - Common areas include **conference rooms, kitchen, caf, restrooms, and shower**
    (617) 653-3367
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    114 Recepti Southbridge, MA 01550
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    Southbridge, MA 01550
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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
    114 Recepti Southbridge, MA 01550
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