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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Medical Office Space
121 Central St Natick, MA 01760-4310
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-1286153
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1947
Construction
FRAME
Total area
12,453 SF
Lot
1.13 ac (49,049 SF)
Zoning code
LC
APN
NATI M:00000041 P:00000090
UPID
US38-1286153
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
-
Four Paws Hotel and Spa Veterinary Clinic
-
Thrive Pet Healthcare - Natick Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$691k
Blend (final)
Blend
$540k
Owner & transaction history
Natick Animal Clinic I · 8 yrs held
Natick Animal Clinic I
since 2018
6 recorded transactions
Zoning & alternative use
LC · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Districts is to provide a transition from a more intensive commercial or industrial usage toward a residentially zoned area, specifically, those areas where it is desirable to lessen traffic flow on through roads, and where less intensive uses would serve both to provide balance in land use and to prevent damage to the residential uses on adjacent or nearby…
Zone name
Limited Commercial
General category
INDUSTRIAL
Zone area
52.28 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
Method
Estimation
Statistic approach
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
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
$43 / 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
$25,587
Tax year 2024
Assessed value
$2,087,000
Assessed 2024
Previous assessed
$2,087,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$809,500
Assessed improvement
$1,277,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1947
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Rooms
1
Total area
12,453 SF
Lot
1.13 ac (49,049 SF)
Zoning code
LC
APN
NATI M:00000041 P:00000090
UPID
US38-1286153
Jurisdiction
NATICK
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
LC · Natick, MAZoning LC · permitted uses
LC · Natick, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Districts is to provide a transition from a more intensive commercial or industrial usage toward a residentially zoned area, specifically, those areas where it is desirable to lessen traffic flow on through roads, and where less intensive uses would serve both to provide balance in land use and to prevent damage to the residential uses on adjacent or nearby property
Zone name
Limited Commercial
General category
INDUSTRIAL
Zone area
52.28 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1947
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Rooms
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Natick Animal Clinic I
Individual
Mailing address
235 W CENTRAL ST, NATICK, MA 01760-3770
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Feb 21, 2018
—
Natick Animal Clinic I
—
Deed
related
$3,590,000 · Belmont Savings Bank
Jun 29, 2012
—
Natick Animal Clinic INC
—
Deed Of Trust
related
$1,149,000 · Sovereign Bank
Mar 9, 2007
—
Natick Animal Clinic INC
—
Deed Of Trust
related
$175,000 · Sovereign Bank
Dec 8, 2003
—
Natick Animal Clinic INC
—
Deed Of Trust
related
$455,072 · Sovereign Bank
Sep 15, 1998
—
Natick Animal Clinic
—
Deed Of Trust
related
$571,406 · Fleet National Bank
Apr 8, 1994
—
Natick Animal Clinic
—
Deed Of Trust
related
$412,500 · Shawmut
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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