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Property profile & analytics

1002 Southbridge St Worcester, MA 01610

  • Auto shops
  • 4,612 SF
  • 0.41 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US38-0417642
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

  • Auto shops

Property Details for 1002 Southbridge St

Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.41 lot acres
Property size
4,612 SF
Zone code
MG-2
Property type
Auto shops
APN
WORC M:26 B:018 L:01+02
APU
WORCM26B018L0102

Description

This exceptional 4,769-square-foot industrial property at 1002 Southbridge Street in Worcester, Massachusetts, presents a unique owner-user opportunity. Located in Worcester County, zip code 01610, this Class B building boasts a versatile layout suitable for various industrial and service-based businesses. Built in 1940, the property features one loading dock and a drive-in door, enhancing operational efficiency. The existing configuration is well-suited for automotive repair or similar services, aligning perfectly with the MG-2 zoning designation. The property's 4,769 square feet provide ample space for operations, storage, and office areas. Its strategic location offers convenient access to the Worcester Commuter Rail, approximately 2.6 miles away, improving employee commutes and logistical ease. This is an excellent chance to acquire a well-located, functional industrial space in a thriving Massachusetts market. The property is classified as Office, Industrial, with subtypes including Executive Office, Warehouse, and Manufacturing, offering flexibility for a range of business needs. The building's solid construction and functional design make it an attractive investment for businesses seeking a practical and efficient workspace. This owner-user opportunity allows for complete control and customization, maximizing return on investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.8182
Latitude
42.2328
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
$17,826
$184,200
$409,200
$593,400
-
$0.00
$0.00
$0.00
More about this property
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