Financial
Distress signals
Property profile

1 Westec Dr Auburn, MA 01501

FOR LEASE
Office buildings
Property ID
US38-1051849
9,372 SF 1.5 ac lot Built 2000
Last sale Jun 2023 · $1,700,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a single-tenant office space totaling 9,748 square feet, configured for office use.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value$1.02M
Assessed land$242k
Assessed improvement$774k
Effective rate1.68%

Value estimate

· Sep 2026
$1.50M
$1.35M – $1.64M
AI approach$1.50M
Sales comparison$1.01M
NOI build-up
Gross scheduled income$292k
Vacancy & credit loss−$56k
Operating expenses−$59k
NOI · 789,586.67% cap applied$178k

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

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 301 recorded sales of this use type
Observed band · Q1–Q3$74 – $211
Qualifying comparables6

Cap rate analysis

How does the asset earn?
789,586.67%
$178k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionAUBURN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.3
Wholesale Shop14.6
Realty agency13.9

Location

1 Westec Dr Auburn, MA 01501
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
482 Southbridge, Auburn, MA 01501-2468 $2,200,000 Feb 2025 11,776 SF
191 Pakachoag, Auburn, MA 01501-2567 $580,000 Feb 2022 7,349 SF
31 Auburn, Auburn, MA 01501-2417 $690,000 Apr 2021 6,296 SF
304 Washington, Auburn, MA 01501-3238 $1,175,000 Dec 2020 9,600 SF
206 Southbridge, Auburn, MA 01501-2680 $825,000 Aug 2019 7,500 SF
7 Midstate, Auburn, MA 01501-1866 $1,150,000 Dec 2018 14,944 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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