Property profile

16 Park St Southbridge, MA 01550

OFF-MARKET
Showrooms
Property ID
US38-1340723
5,928 SF 0.17 ac lot Built 1915
Individually Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,928 SF
Lot 0.17 ac (7,405 SF)
Zoning code R2
APN SBRI M:0047 B:0196 L:00001
UPID US38-1340723

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
  • Carpet & Flooring Store

Location

16 Park St Southbridge, MA 01550-2630
Southbridge metro Census 757400 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$120k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2022
Last sale
$125,000
7 recorded transactions
2022
Price N/A
2017
Price N/A
2004
Price N/A
2000
Price N/A
1995
Price N/A
1988
$125,000
1969
Price N/A

Zoning & alternative use

R2 · Southbridge, MA
Zoning description

. In the event that any permitted use is subject to a threshold under Section 2.6 , no building permit or determination of zoning compliance shall be issued without an approved site plan. Table 1 Schedule of Uses Use R1…

General category RESIDENTIAL

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 16 Park 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