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Property summary
This exceptional two-story medical office building, located at 107 Otis Street in Northborough, Massachusetts, presents a unique investment opportunity. Boasting 21,700 square feet of space, the building sits on a generous 7.35 acres of land and is conveniently zoned BS, Industrial District (APN: NBOR-001050-000000-000047). Constructed in 1986 and renovated in 2001, the Class B building offers multiple tenancy options with two spaces currently available, ranging from 5,245 to 10,850 square… feet. The property features a desirable 13-foot ceiling height throughout, providing ample space and flexibility for various medical practices. Ample parking is provided with 76 spaces available for tenants and visitors. The building is equipped with elevators for convenient access to both floors. Its location in Worcester County, Massachusetts, offers easy access to major transportation routes and a thriving community. This property is an ideal choice for medical professionals seeking a well-maintained, spacious, and conveniently located office space in a desirable area. The property's size and features make it suitable for a variety of medical practices or a single large tenant. The ample parking and convenient location are key advantages for both patients and staff. This is a rare opportunity to acquire a well-established medical office building in a prime location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 21,338 SF
- Lot area
- 7.35 ac
- Year built
- 1985
- Stories
- 2
- APN
- NBOR M:1050 L:0047
- Zoning
- BS
- Assessed value · 2024
- $2,002,100
- Annual tax · 2024
- $28,590
- Auto Repair, Garage
- Office Building · current use
- Neighborhood: Shopping Center
- Apartment House (5+ Units)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
no use variance for a marijuana establishment, medical marijuana treatment center, or sale of marijuana accessories shall be permitted. Table 1. Table of Uses. Part B. Commercial and Industrial Districts. USES DB BE BW B…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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