Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

155 Otis St Northborough, MA 01532

FOR LEASE
Office buildings
Property ID
US38-0235903
31,363 SF 6.53 ac lot Built 1997
Last sale Mar 2024 · $3,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

155 Otis St is a two-story flex and office building with a total building area of 32,000 SF. The first floor contains flex space with 1,759 SF, and the second floor contains 16,396 SF of built-out office space that had been renovated. The property is handicap accessible, featuring interior elevator service and a ramp at the rear of the building. A roll-up door is also provided for access. The building layout is configured to accommodate both flexible first-floor use and more traditional office use on the second floor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$48k
Tax billed · 2024
Assessed value$3.39M
Assessed land$471k
Assessed improvement$2.92M
Effective rate1.43%

Value estimate

· Oct 2026
$3.60M
$3.24M – $3.96M
AI approach$3.60M
Submarket $/SF estimate$2.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 301 recorded sales of this use type
Observed band · Q1–Q3$74 – $211

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BS
no use variance for a marijuana establishment, medical marijuana treatment center, or sale of marijuana accessories shall be permitted. T...
General categoryCOMMERCIAL
JurisdictionNORTHBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.4
Garden Center10.3
Realty agency10.1

Location

155 Otis St Northborough, MA 01532
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 Main, Northborough, MA 01532-1825 $113,000 Dec 2023 3,600 SF
37 Pierce, Northborough, MA 01532-1935 $400,000 Dec 2023 5,360 SF
37 Ss, Northborough, MA 01532-2603 $450,000 May 2023 4,184 SF
140 Main, Northborough, MA 01532-1996 $180,000 Jan 2022 2,760 SF
78 Main, Northborough, MA 01532-1824 $525,000 Aug 2021 2,028 SF
20 Main, Northborough, MA 01532-1942 $330,000 Jun 2019 3,062 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
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
Why this one?
Saved
Reason not saved — we won't ask again