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Financial
Distress signals
Property profile

108 Milk St 205 Westborough, MA 01581

FOR LEASE
Super regional malls
Property ID
US38-1876433
9,586 SF 2.34 ac lot Built 1987
Last sale Feb 2026 · $2,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This light industrial flex property in Westborough, Massachusetts (108 Milk Street) provides flexible suite options of approximately 1,600 SF, 3,200 SF, or up to about 4,800 SF. Suites are configured with first-floor drive-in/loading and garage-style access, concrete floors, and approximately 11 feet of clear height, along with a covered bay area suited for storage of equipment, materials, or product. Interior layouts allow flexible combinations of shop and office space. The site is positioned…

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$26k
Tax billed · 2024
Assessed value$1.56M
Assessed land$270k
Assessed improvement$1.29M
Effective rate1.64%

Value estimate

· Oct 2026
$2.33M
$2.09M – $2.56M
CAP approach$2.34M
Submarket $/SF estimate$1.61M
NOI build-up
Gross scheduled income$32k
Vacancy & credit loss−$712
Operating expenses−$10k
NOI · 1,478.73% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$126/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$80 – $168

Cap rate analysis

How does the asset earn?
1,478.73%
$22k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
IB
IB District. Projects in the Industrial D (ID) Overlay District shall undergo site plan review in accordance with § 3.1 and shall be cons...
General categoryINDUSTRIAL
JurisdictionWESTBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.9
Storage Facility12.8
HVAC Service12.6

Location

108 Milk St, Unit 205 Westborough, MA 01581
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

1 recorded sale · 8 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1 Oak St, Westborough, MA 01581-2655 $1,850,000 Jun 2023 No data
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?”
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