155 Otis St Northborough, MA 01532
Property Lookup
Property profile & analytics
155 Otis St Northborough, MA 01532
- Office buildings
- 31,363 SF
- 6.53 lot acres
Property ID
US38-0235903
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.
Location Intelligence
Current Use by Public Records
- Amrit Sabha Adult Day Care Center of MA / Adult Day Care
- ReMax First Choice: Fran Fracassi: Corporate HQ / Real Estate Agency
- Shri Radha Krishna Mandir / Temple
- Bertucci's Corporation / Restaurant
- Eastern Insurance Group LLC / Insurance Agency
Property Details for 155 Otis St
- Year built
- 1997
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.53 lot acres
- Property size
- 31,363 SF
- Zone code
- BS
- Property type
- Office buildings
- APN
- NBOR M:1100 L:0020
- APU
- NBORM1100L0020
Description
This exceptional two-story, 32,000 square foot Class B office building at 155 Otis Street in Northborough, Massachusetts, presents a unique investment opportunity. Built in 1997, the property boasts 12-foot ceilings and offers multiple tenancy options, with a minimum divisible space of 1,759 square feet and a maximum contiguous space of 16,396 square feet. Currently, 18,155 square feet of space is available for lease. The building features convenient amenities including an elevator, a ramp for accessibility, and a roll-up door. Ample parking is provided with a 3.33 spaces per 1,000 square feet parking ratio. Strategically located near the Northborough/Westborough town line, this property enjoys exceptional access to Route 9, providing easy east and westbound travel. Located in Worcester County, this property offers a prime location for businesses seeking efficient and well-appointed office space in a convenient and accessible location. The property's two suites offer flexibility for various business needs, making it an ideal choice for companies seeking a modern and functional workspace. This is a rare opportunity to secure high-quality office space in a desirable location. The zip code is 01532.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,600,000
- ML approach
- $3,600,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,616,000
- AI Estimate
- $2,514,000
Market price range: $2.32M - $6.61MMarket price range: $1.67M - $5.51M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,265,000 Current use
- RESTAURANT
- $5,915,000 Change: +39% Conversion: Moderate
- RETAIL STORES
- $4,920,000 Change: +15% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $4,810,000 Change: +13% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,960,000 Change: -7% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,765,000 Change: -12% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,450,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Northborough
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.657
- Latitude
- 42.2914
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT 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
$48,443
$470,700
$2,921,700
$3,392,400
-
$0.00
$0.00
$0.00
