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Financial
Distress signals
Property profile

168 Main St Northborough, MA 01532

FOR LEASE
Investment properties
Property ID
US38-0443494
3,739 SF 0.5 ac lot Built 2011
Last sale Sep 2022 · $810,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,116 square foot Class B office building, constructed in 1900 and located in Worcester County at 168 Main Street, presents a unique investment opportunity. Currently, 3,189 square feet are available for lease, offering flexible tenancy options. The space can be leased as a single unit or subdivided to accommodate various business needs. A key feature is a 1,292 square foot showroom boasting prominent Route 20 frontage and abundant natural light from large windows. Two…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$808k
Assessed land$265k
Assessed improvement$543k
Effective rate1.43%

Value estimate

· Oct 2026
$645k
$581k – $710k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 325.90% cap applied$13k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 740 recorded sales of this use type
Observed band · Q1–Q3$63 – $171
Qualifying comparables5

Cap rate analysis

How does the asset earn?
325.90%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BE
An accessory use shall be incidental and subordinate to the principal use on the lot. (2) An accessory use shall be located on the same l...
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 Service10.1
Auto Parts Store9.9
Hair Salon9.6

Location

168 Main St Northborough, MA 01532
County assessor Recorded deeds · 8 transfers 5 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5 Ml, Northborough, MA 01532-1905 $860,000 Apr 2024 4,590 SF
75 Main, Northborough, MA 01532-1943 $485,000 Jan 2024 1,872 SF
33 Talbot, Northborough, MA 01532-2009 $1,180,000 Oct 2023 2,744 SF
94 Main, Northborough, MA 01532-1979 $925,000 Nov 2022 6,440 SF
67 Main, Northborough, MA 01532-1943 $325,100 Jun 2022 2,384 SF
88 Main, Northborough, MA 01532-1936 $750,000 Mar 2019 3,600 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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