Property profile

248 Elm St Southbridge, MA 01550

OFF-MARKET
Manufacturing properties
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Property ID
US38-0098126
9,246 SF 0.66 ac Built 1890
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property at 248 Elm Street in Southbridge, Massachusetts is a two-level commercial/industrial building that was previously used as a machine shop and is configured for hands-on work on both floors. It includes on-site parking and a separate garage, with reinforced shop floors designed to support heavy equipment. Supporting infrastructure includes a loading dock, a lift/elevator to the second floor, and a sprinkler system. The shop areas have updated electrical service and LED lighting, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$231k
Assessed land$71k
Assessed improvement$160k
Effective rate1.53%

Value estimate

· Nov 2026
$235k
$212k – $259k
AI approach$235k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$36 – $125
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OR
Limitations on signage, number of vehicles or parking spaces, noise, or hours of operation of construction equipment. 4. Limitation of si...
General categoryUNKNOWN
JurisdictionSOUTHBRIDGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.5
Parking Facility9.5
Plumbing Service9.2

Location

248 Elm St Southbridge, MA 01550-2616
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
114 Pleasant St, Southbridge, MA 01550-1236 $1,350,000 Jan 2026 No data
28 Sandersdale, Southbridge, MA 01550-2800 $240,000 Sep 2024 7,600 SF
833 Main, Southbridge, MA 01550-1119 $185,000 Apr 2024 6,680 SF
380 Elm, Southbridge, MA 01550-3028 $3,650,000 Mar 2023 98,621 SF
30 Ml, Southbridge, MA 01550 $150,000 Feb 2021 71,677 SF
62 Pleasant, Southbridge, MA 01550-1104 $700,000 Feb 2020 10,504 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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