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    Property profile & analytics

    161 Mechanic St Southbridge, MA 01550-1900

    • Investment properties
    • 8,850 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US38-2508773
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 161 Mechanic St

    Year built
    1928
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property size
    8,850 SF
    Zone code
    RB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SBRI M:0036 B:0135 L:00001
    APU
    SBRIM0036B0135L00001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0274
    Latitude
    42.078
    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
    $4,120
    $53,700
    $216,300
    $270,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $375,000
      5,625 SF

      14 Ss St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,625 SF
      14 Ss St, Southbridge, MA 01550-4006
      View Details
    • Value Estimation by Request
      98.60 Acres

      383 Eastford Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 98.60 Acres
      383 Eastford Rd, Southbridge, MA 01550-5902
      View Details
    • Value Estimation
      $410,000
      6,384 SF

      171 Mechanic St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,384 SF
      171 Mechanic St, Southbridge, MA 01550-1971
      View Details
    • Value Estimation
      $395,000
      3,844 SF

      22 Goddard St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,844 SF
      22 Goddard St, Southbridge, MA 01550-2482
      View Details
    • Value Estimation
      $330,000
      0.10 Acres

      256 Hamilton St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.10 Acres
      256 Hamilton St, Southbridge, MA 01550-1816
      View Details
    • Value Estimation
      $855,000
      9,216 SF

      338 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,216 SF
      338 Main St, Southbridge, MA 01550-3727
      View Details

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    Similar Nearby for Lease

    • $1,350 /Mo

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      Commercial or lab space in a refurbished schoolhouse for rent.
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      View Details
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      Office or lab space in a refurbished schoolhouse, utilities included.
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    • $300 /Mo

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      Office space in a refurbished schoolhouse with included utilities.
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    • Contact for pricing
      34,150 SF

      Southbridge Industrial Space for Lease

      13,000 SF industrial space suitable for flex, warehousing, storage.
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      View Details
    • $900 /Mo

      Refurbished Schoolhouse Commercial Space

      Commercial or lab space in a refurbished schoolhouse for rent.
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    • $500 /Mo

      Refurbished Schoolhouse Office Space

      Office space in a refurbished schoolhouse with included utilities.
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      View Details
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    161 Mechanic St
    Southbridge, MA 01550-1900
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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