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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Office buildings
109 Main St, Northborough, MA 01532-1913
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-1091499
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
STONE
Total area
2,064 SF
Lot
0.57 ac (24,707 SF)
Zoning code
BE
APN
NBOR M:0530 L:0052
UPID
US38-1091499
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Piel Skin Boutique Medical Clinic Skin Care Clinic
-
Angel AV Pro IT Consulting Firm Tech Support Center
-
Sogno The Salon Company Hair Salon Nail Salon
-
Cloud Hand Massage Alternative Medicine Practice Spa & Massage Center
-
Aesthetics by Bri Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$403k
Blend (final)
Blend
$545k
Owner & transaction history
25 Balcom Rd LLC · 4 yrs held
25 Balcom Rd LLC
since 2021
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
BE · Northborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Northborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northborough submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$540,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$575,000
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $550k (Dec 9 2021)
Last sale anchor
$550k
Dec 9 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$264 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,463
Tax year 2024
Assessed value
$522,600
Assessed 2024
Previous assessed
$522,600
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$268,500
Assessed improvement
$254,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
STONE
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Rooms
11
Bathrooms
2
Total area
2,064 SF
Lot
0.57 ac (24,707 SF)
Zoning code
BE
APN
NBOR M:0530 L:0052
UPID
US38-1091499
Jurisdiction
NORTHBOROUGH
Zoning & alternative use
BE · Northborough, MA
Zoning BE · permitted uses
BE · Northborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northborough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
STONE
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Rooms
11
Bathrooms
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
25 Balcom Rd LLC
Entity
Mailing address
293 W MAIN ST, NORTHBOROUGH, MA 01532-2117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2021
$550,000
25 Balcom Rd LLC
Thomas J Manor
Quit Claim Arm's Length For Ne States
$750,000 · Rtn Federal Credit Union
Mar 1, 2001
—
168 E Main St. RT
—
Deed Of Trust
related
$200,000 · Framingham Cp Bank
Oct 31, 2000
$230,000
168 E Main St. RT
Strom,patricia
Grant Deed
$185,000 · Zwi Kohorn
Mar 16, 1994
$100,000
Terry F Leblanc
Barry Cosman Est
Grant Deed
$100,116 · Fleet Real Estate Funding Corp
Dec 30, 1991
$104,000
Barry M Cosman
Richardson,mary A
Grant Deed
$83,200 · Independence One Mtg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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