Financial
Distress signals
Property profile

114 Pleasant St Southbridge, MA 01550

OFF-MARKET
Manufacturing properties
Property ID
US38-1093459
9,730 SF 1.17 ac lot Built 1925
Last sale Jan 2026 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 9730+ square foot commercial property, situated on a 1.17-acre corner lot in downtown Southbridge, MA, presents a unique investment opportunity. Originally a schoolhouse, it underwent a complete refurbishment in 2013 and boasts a blend of office, lab, warehouse, and flex space, ideal for a variety of uses. The building is currently configured with offices, labs, a conference room, lounge, kitchen, machine shop, and shower room, making it suitable for a range of businesses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$11k
Tax billed · 2024
Assessed value$708k
Assessed land$84k
Assessed improvement$623k
Effective rate1.53%

Value estimate

· Sep 2026
$1.32M
$1.19M – $1.45M
CAP approach$1.37M
Sales comparison$1.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$36 – $125

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OR
Limitations on signage, number of vehicles or parking spaces, noise, or hours of operation of construction equipment. 4. Limitation of si...
General categoryUNKNOWN
JurisdictionSOUTHBRIDGE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
Bakery9.6
Garden Center9.3

Location

114 Pleasant St Southbridge, MA 01550-1236
County assessor Recorded deeds · 2 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28 Sandersdale, Southbridge, MA 01550-2800 $240,000 Sep 2024 7,600 SF
833 Main, Southbridge, MA 01550-1119 $185,000 Apr 2024 6,680 SF
380 Elm, Southbridge, MA 01550-3028 $3,650,000 Mar 2023 98,621 SF
30 Ml, Southbridge, MA 01550 $150,000 Feb 2021 71,677 SF
62 Pleasant, Southbridge, MA 01550-1104 $700,000 Feb 2020 10,504 SF
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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