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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Retail space
11 Main St Natick, MA 01760-4955
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-0598687
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1887
Construction
FRAME
Total area
11,595 SF
Lot
0.19 ac (8,220 SF)
Zoning code
DM
APN
NATI M:00000043 P:000023AB
UPID
US38-0598687
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
-
Sarah Ering, LMT Massage Natick at My Healing Studio Alternative Medicine Practice
-
Heads Up Hair Salon Hair Salon Nail Salon
-
samra mediterranean market Restaurant
-
Kate Rose Photography Wedding Service Photography Service
-
Massage Natick Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.39M
Owner & transaction history
Stonegate South Main L · 12 yrs held
Stonegate South Main L
since 2014
6 recorded transactions
Zoning & alternative use
DM · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to establish a compact business center which does not include noxious or land-expansive uses, is centrally located, and is designed primarily for pedestrian shoppers, some multi-family dwellings may be included to provide economic viability to such center while adding to the housing stock of the community
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
55.15 ac
Source
Realmo
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 Natick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natick 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$119 / 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
$19,086
Tax year 2024
Assessed value
$1,556,800
Assessed 2024
Previous assessed
$1,556,800
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$410,300
Assessed improvement
$1,146,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1887
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
4
Rooms
4
Total area
11,595 SF
Lot
0.19 ac (8,220 SF)
Zoning code
DM
APN
NATI M:00000043 P:000023AB
UPID
US38-0598687
Jurisdiction
NATICK
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
DM · Natick, MAZoning DM · permitted uses
DM · Natick, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to establish a compact business center which does not include noxious or land-expansive uses, is centrally located, and is designed primarily for pedestrian shoppers, some multi-family dwellings may be included to provide economic viability to such center while adding to the housing stock of the community
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
55.15 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1887
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
4
Rooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Stonegate South Main L
Individual
Mailing address
235 W CENTRAL ST STE, NATICK, MA 01760-3770
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2025
—
Stonegate South Main LLC
—
Deed
related
$1,200,000 · Middlesex Savings Bank
Oct 11, 2023
—
Go Big Or Go Home LLC
—
Deed
related
$1,700,000 · Qs Lending T
Jun 26, 2014
$1,950,000
Stonegate South Main L
Main Pond RT
Quit Claim Arm's Length For Ne States
$1,800,000 · Middlesex Savings Bank
Mar 15, 2004
—
Main Pond RT
—
Deed Of Trust
related
$500,000 · Middlesex Savings Bank
Nov 21, 2003
—
Michael G Mabardy
—
Deed Of Trust
related
$230,000 · Natick Federal Savings Bank
Jun 14, 1990
—
Main Pond RT
—
Deed Of Trust
related
$300,000 · Middlesex Savings Bank
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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