Property profile

197 Main St Northborough, MA 01532

OFF-MARKET
Auto shops
Property ID
US38-1578034
2,785 SF 0.52 ac lot Built 1925
Individually Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,785 SF
Lot 0.52 ac (22,651 SF)
Zoning code BE
APN NBOR M:0530 L:0119
UPID US38-1578034

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
  • Auto Repair Shop
  • Car Dealership
  • Car Wash

Location

197 Main St Northborough, MA 01532-1623
Northborough metro Census 740102 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

BE · Northborough, MA
Zoning description

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 lot as the principal residential or nonresidential use to which it is accessory, and…

General category COMMERCIAL

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
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