Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    134 Main St, Unit 1A Groton, MA 01450-1375
    Back to Search
    Property profile & analytics

    134 Main St, Unit 1A Groton, MA 01450-1375

    View on Map
    • Office Spaces
    • 925 SF
    Off-Market
    Last Sale Dec 30, 2021
    $205,000
    Property ID
    US38-2167105
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Brian P. Ganley DMD Family Dentistry / Dental Office
    • Body Mind Spirit Salon And Day Spa / Hair Salon / Nail Salon
    • WellBeing Yoga / Gym & Fitness Center
    • Groton Trading Co. / Furniture & Home Goods / Home Decor Store
    • Kim's Garage Door Installation / Construction Company / General Contractor

    Property Details for 134 Main St

    Year built
    2012
    Property size
    925 SF
    Property type
    Office Spaces
    APN
    GROT M:113 B:9 L:11
    APU
    GROTM113B9L11

    Description

    This exceptional 12,000-square-foot commercial property in Groton, Massachusetts, offers a unique opportunity for a variety of businesses. Located at 134 Main St, this two-story building, constructed in 2012 and renovated in 2019, sits on a 3-acre lot with 109 feet of frontage on US Route 1, boasting a high traffic count of 10,150 AADT. The property is zoned commercial (LM) and allows for numerous uses, either by right or special permit. Currently divisible into spaces as small as 3,234 square feet, this adaptable space previously housed an automotive shop, retail, and office space, and even a shooting range. The front area is equipped for automotive service, featuring two lifts and four large overhead doors. The rear offers office space and a large area suitable for retail or storage. The building benefits from a robust 800-amp, 220V, 3-phase electrical system with separate meters for the front and rear sections. Heating is provided by natural gas FHA systems in both areas, supplemented by a Modine heater in a service area. A large pylon sign enhances visibility. This is a NNN lease

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5684
    Latitude
    42.608
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,303
    $0.00
    $218,900
    $218,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $590,000
      5,386 SF

      493 Main St Ste C

      CONDOMINIUM OFFICES • 5,386 SF
      493 Main St Ste C, Groton, MA 01450-4254
      View Details
    • Value Estimation
      $760,000
      3,283 SF

      495 Main St Ste A

      CONDOMINIUM OFFICES • 3,283 SF
      495 Main St Ste A, Groton, MA 01450-4253
      View Details
    • Value Estimation by Request
      1,278 SF

      491 Main St Ste F

      CONDOMINIUM OFFICES • 1,278 SF
      491 Main St Ste F, Groton, MA 01450-4255
      View Details
    • Value Estimation by Request
      998 SF

      491 Main St Ste A

      CONDOMINIUM OFFICES • 998 SF
      491 Main St Ste A, Groton, MA 01450-4255
      View Details
    • Value Estimation
      $1,695,000
      9,807 SF

      489 Main St

      CONDOMINIUM OFFICES • 9,807 SF
      489 Main St, Groton, MA 01450-1388
      View Details
    • Value Estimation by Request
      1,449 SF

      497 Main St Ste B

      CONDOMINIUM OFFICES • 1,449 SF
      497 Main St Ste B, Groton, MA 01450-1298
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,234 SF

      Groton Retail, Office, Restaurant Space

      Raw space in mixed-use development, ideal for retail/office/restaurant.
      134 Main St, Groton, MA 01450
      View Details
    • Contact for pricing
      Pending

      Groton Retail, Office, Restaurant Space

      Raw space in mixed-use development, Groton town center.
      134 Main St, Groton, MA 01450
      View Details
    • Contact for pricing
      3,234 SF

      Groton Retail, Office, Restaurant Space

      Raw space in mixed-use complex, ready for buildout.
      134 Main St, Groton, MA 01450
      View Details
    • $500,000
      1.84 Acres

      Residential Land in East Groton

      1.84 acre lot for custom home in Groton, MA.
      Monarch Path, Groton, MA 01450
      View Details
    • $825,000
      2.80 Acres

      Groton Commercial Development Opportunity

      Prime land parcel in Groton, MA, for diverse development.
      797 Boston Rd, Groton, MA 01450
      View Details
    • $675,000
      Pending

      Well-Maintained Duplex in Groton

      Duplex near Whitney Pond and conservation land in Groton.
      2 Long Cope Rd, Groton, MA 01450
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,000 SF

      Retail Space in Groton Center

      Retail opportunity alongside Shaw's and Dollar Tree in Groton.
      760 Boston Rd, Groton, MA 01450
      View Details
    • Contact for pricing
      4,922 SF

      Retail Space in Groton Center

      Retail space available in Groton, Massachusetts shopping center.
      768 Boston Rd, Groton, MA 01450
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    134 Main St, Unit 1A
    Groton, MA 01450-1375
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    134 Main St, Groton, MA, 01450
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!