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    Property profile & analytics
    OFF-MARKET Estimated value $5,705,000
    Commercial land

    15 Pleasant Vly Rd, Sutton, MA 01590-2970

    2,560 SF 1.25 ac lot Built 1970
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US38-2267330
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple ownership of a 5,148 square foot, single-story urgent care facility in Sutton, Massachusetts. ConvenientMD, a rapidly growing urgent care provider with 47 locations across three states, occupies the property under a 15-year absolute NNN lease commencing August 15, 2024, and expiring August 31, 2039. The lease includes five, five-year renewal options with attractive 10% rent increases every five years, providing a built-in hedge against inflation. The property boasts a 6.00% cap rate and a strong net operating income (NOI) of $391,248. Situated on a 1.25-acre lot at the intersection of Pleasant Valley Road and MA Route 146, the property benefits from exceptional visibility and access, adjacent to a major regional shopping center anchored by a large grocery store and other national retailers. The location is strategically positioned within a thriving commercial corridor, just 8 miles from downtown Worcester and 4.5 miles from Interstate 90. The property's proximity to a significant employer, UN1F1ED2 Global Packaging Group, further enhances its appeal. With a 100% occupancy rate and a corporate guarantee, this investment offers exceptional stability and growth potential in a recession-resistant industry. The strong demographics of the area, with over 19,200 people within a 3-mile radius and an average household income exceeding $164,000, further solidify this investment's long-term value. This is a truly passive investment opportunity with no landlord responsibilities.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1970
    Construction STEEL FRAME
    Total area 2,560 SF
    Lot 1.25 ac (54,450 SF)
    Zoning code B2
    APN SUTT M:0010 P:93
    UPID US38-2267330
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.42M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.71M
    Owner & transaction history
    Korthe LLC · 1 yrs held
    Korthe LLC
    since 2025
    Last sale
    $6.1M
    7 recorded transactions
    2025
    $6.1M
    2025
    2023
    $900,000
    2014
    $500,000
    2007
    $725,000
    2007
    2007
    $1
    Zoning & alternative use
    B2 · Sutton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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