Technical
Financial
Distress signals
Property profile

15 Belmont St Northborough, MA 01532

OFF-MARKET
Commercial real estate
Property ID
US38-0638631
6,028 SF 1.45 ac lot Built 1977
Entity Owned 14-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 6,028 SF
Lot 1.45 ac (63,162 SF)
Zoning code HB
APN NBOR M:1090 L:0006
UPID US38-0638631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Motorcycle Shop
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Location

15 Belmont St Northborough, MA 01532-2416
Northborough metro Census 740101 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
$497k
Blend (final) Blend
$555k

Owner & transaction history

since 2012
1 recorded transaction
2012
$1

Zoning & alternative use

HB · Northborough, MA
Zoning description

use variance for a marijuana establishment, medical marijuana treatment center, or sale of marijuana accessories shall be permitted. Table 1. Table of Uses. Part B. Commercial and Industrial Districts. USES DB BE BW BS H…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $925,000 +39.4%
Office building $820,000 +23.6%
Neighborhood: shopping center $760,000 +14.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15 Belmont St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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