$2,200/Mo

198 Charlton Rd, Sturbridge, MA 01566
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This exceptional office space in Sturbridge, Massachusetts, offers a diverse range of flexible workspace solutions to suit various business needs. Located at 198 Charlton Rd, in Worcester County, this property provides a variety of options, including traditional office spaces, executive suites, coworking areas, medical offices, and creative office environments. The space caters to businesses of all sizes, from single-person operations to large corporations, offering customizable solutions…

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?

$97k

Tax billed · 2024

Assessed value$5.91M

Assessed land$343k

Assessed improvement$5.57M

Effective rate1.65%

Value estimate

· Oct 2026

$6.72M

$6.04M – $7.39M

Submarket $/SF estimate$6.92M

NOI build-up

Gross scheduled income$6k

Vacancy & credit loss−$1k

Operating expenses−$1k

NOI · 172.32% cap applied$4k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$136/SF

County average, outlier-cleaned · 301 recorded sales of this use type

Observed band · Q1–Q3$74 – $211

Cap rate analysis

How does the asset earn?

172.32%

$4k 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?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSTURBRIDGE

Location intelligence

Which uses thrive at this corner?

Best fit: Parking Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Parking Facility9.5

Auto Parts Store9.1

Electrical Service9.1

198 Charlton Rd Sturbridge, MA 01566

County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 11 properties nearby

Address Sale price Sold Size

58 Main, Sturbridge, MA 01566-1507 $465,000 May 2025 6,034 SF

24 New Boston, Sturbridge, MA 01566-1009 $305,000 Apr 2023 1,874 SF

48 Main, Sturbridge, MA 01566-1284 $900,000 Dec 2021 10,278 SF

258 Main, Sturbridge, MA 01566-1540 $1,100,000 Dec 2021 7,416 SF

69 Hall, Sturbridge, MA 01566-1519 $600,000 May 2021 5,299 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

Value Estimation
$895,000

10,278 SF

48 Main St

OFFICE BUILDING

48 Main St, Sturbridge, MA 01566-1284

View Details
Value Estimation
$1,260,000

8,160 SF

128 Main St

OFFICE BUILDING

128 Main St, Sturbridge, MA 01566-1556

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Value Estimation
$670,000

7,702 SF

419 Main St

OFFICE BUILDING

419 Main St, Sturbridge, MA 01566-1159

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Value Estimation
$1,115,000

7,416 SF

258 Main St

OFFICE BUILDING

258 Main St, Sturbridge, MA 01566-1540

View Details
Value Estimation
$1,005,000

6,696 SF

113 Main St

OFFICE BUILDING

113 Main St, Sturbridge, MA 01566-1280

View Details
Value Estimation
$600,000

6,624 SF

49 Main St

OFFICE BUILDING

49 Main St, Sturbridge, MA 01566-1484

View Details

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Ask anything about this address in plain English.

“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

198 Charlton Rd Sturbridge, MA 01566

Property summary