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    Property profile & analytics

    172 Otis St Northborough, MA 01532-2415

    • Manufacturing properties
    • 30,000 SF
    • 8.01 lot acres
    OFF-MARKET
    Value Estimation
    $3,320,000
    Last Sale
    Jul 28, 2023
    $3,684,563
    Location Intelligence
    Property ID
    US38-0706645
    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

    • ATS Cases Inc / Packaging Company
    • Gladiator Face Shields / Medical Equipment Supplier
    • InventHUBS, Inc. / Manufacturer / Research And Product Development
    • Gladiator Cases / Packaging Company / Store
    • Crosslynx Foam Inserts / Packaging Company

    Property Details for 172 Otis St

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    8.01 lot acres
    Property size
    30,000 SF
    Zone code
    BS
    Property type
    Manufacturing properties
    APN
    NBOR M:1100 L:0005
    APU
    NBORM1100L0005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,700,000
      6.5%
      $3,480,000
      7%
      $3,835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,435,000
      Geo Method
      $3,655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,725,000
      Retail
      $3,990,000
      Mixed-Use
      $3,580,000
      Hospitality
      $3,260,000
      Educational
      $3,590,000
      Residential Income
      $2,875,000
      Energy
      $3,005,000
      Income-Based Land
      $3,985,000
      Food Service
      $3,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Northborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6576
    Latitude
    42.2859
    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
    $46,341
    $669,100
    $2,576,100
    $3,245,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      60,800 SF

      70 Bearfoot Rd

      MANUFACTURING (LIGHT) • 60,800 SF
      70 Bearfoot Rd, Northborough, MA 01532-1514
      View Details
    • Value Estimation by Request
      180,850 SF

      66 Lyman St

      MANUFACTURING (LIGHT) • 180,850 SF
      66 Lyman St, Northborough, MA 01532-2014
      View Details
    • Value Estimation
      $3,130,000
      24,600 SF

      100 Bearfoot Rd

      MANUFACTURING (LIGHT) • 24,600 SF
      100 Bearfoot Rd, Northborough, MA 01532-1530
      View Details
    • Value Estimation
      $6,125,000
      45,090 SF

      425 Whitney St

      MANUFACTURING (LIGHT) • 45,090 SF
      425 Whitney St, Northborough, MA 01532-1147
      View Details
    • Value Estimation by Request
      31,388 SF

      170 Bartlett St

      MANUFACTURING (LIGHT) • 31,388 SF
      170 Bartlett St, Northborough, MA 01532-2038
      View Details
    • Value Estimation by Request
      117,666 SF

      20 Forbes Rd

      MANUFACTURING (LIGHT) • 117,666 SF
      20 Forbes Rd, Northborough, MA 01532-2501
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15.72 Acres

      Northborough Industrial Land

      15 Acres, Rail & Residential Potential
      429 Whitney St, Northborough, MA 01532
      View Details
    • $325,000
      2,250 SF

      Office/Industrial Condos For Sale

      Office/industrial condos for sale with immediate availability.
      265 Main St, Northborough, MA 01532
      View Details
    • Contact for pricing
      32,000 SF

      Northborough Flex and Office Building

      32,000 SF building with flex and office space.
      155 Otis St, Northborough, MA 01532
      View Details
    • $1,395,000

      Mixed-Use Flex Space Available

      Fully leased mixed-use property with flex, retail, office, apartment.
      94 Main St, Northborough, MA 01532
      View Details
    • $333,336
      4.34 Acres

      Northborough Land For Sale

      Residential land available in Northborough, Massachusetts.
      343 Newton St, Northborough, MA 01532
      View Details
    • New
      $525,000
      5.37 Acres

      Residential Land in Castle Subdivision

      Buildable lot in Northborough's sought-after Castle neighborhood.
      25 Castle Rd, Northborough, MA 01532
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,959 SF

      Northborough Flex Space Available

      Premier flex space in an amenity-rich location near major routes.
      333 SW Cutoff, Northborough, MA 01532
      View Details
    • $4,600 /Mo
      3,500 SF

      Northborough Warehouse with Office Space

      3,500 SF warehouse with office space available for lease.
      329 W Main St, Northborough, MA 01532
      View Details
    • $15 SF/Yr
      17,505 SF

      Northborough Industrial Flex Space

      17,505 SF Flex Warehouse, 5 Acres
      100 Bearfoot Rd, Northborough, MA 01532
      View Details
    • Contact for pricing
      5,800 SF

      Northborough Flex/Industrial/Office Space For Lease

      Versatile space suitable for office, flex, industrial, or warehouse uses.
      10 Bearfoot Rd, Northborough, MA 01532
      View Details
    • Contact for pricing
      27,533 SF

      Northborough Warehouse Space Available

      27,533 SF warehouse with loading docks and ample parking.
      360 Cedar Hill Rd, Northborough, MA 01532
      View Details
    • $4,000 /Mo
      4,116 SF

      Renovated Showroom and Storage Space

      Renovated commercial units with showroom and storage space available.
      168 Main St, Northborough, MA 01532
      View Details
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    172 Otis St
    Northborough, MA 01532-2415
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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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