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    Property profile & analytics

    1st Belmont St Northborough, MA 01532-2101

    • Commercial land
    • 3.56 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 15, 2023
    $950,000
    Location Intelligence
    Property ID
    US38-1862884
    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

    • Commercial land

    Property Details for 1st Belmont St

    Lot size
    3.56 lot acres
    Zone code
    HB
    Property type
    Commercial land
    APN
    NBOR M:1090 L:0002
    APU
    NBORM1090L0002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6646
    Latitude
    42.2841
    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
    $9,052
    $582,000
    $51,900
    $633,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.47 Acres

      370 Cutoffr

      VACANT COMMERCIAL LAND • 3.47 Acres
      370 Cutoffr, Northborough, MA 01532-2125
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    • Value Estimation by Request
      22.49 Acres

      2 Belmont St

      VACANT COMMERCIAL LAND • 22.49 Acres
      2 Belmont St, Northborough, MA 01532-2102
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    • Value Estimation by Request
      4.70 Acres

      363 Cutoff

      VACANT COMMERCIAL LAND • 4.70 Acres
      363 Cutoff, Northborough, MA 01532-2130
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    • Value Estimation by Request
      0.23 Acres

      40 Main St

      VACANT COMMERCIAL LAND • 8,835 SF
      40 Main St, Northborough, MA 01532-1851
      View Details
    • Value Estimation by Request
      2.37 Acres

      Cutoff

      VACANT COMMERCIAL LAND • 2.37 Acres
      Cutoff, Northborough, MA 01532
      View Details
    • Value Estimation by Request
      0.94 Acres

      39 King St

      VACANT COMMERCIAL LAND • 0.94 Acres
      39 King St, Northborough, MA 01532-2107
      View Details

    Similar Nearby for Sale

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      Residential Land in Northborough, MA

      Land parcel in a desirable Northborough location near amenities.
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      15.72 Acres

      Northborough Industrial Land

      15 Acres, Rail & Residential Potential
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    Similar Nearby for Lease

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      6,745 SF

      Northborough Office Space Available

      Prime Office Space, Build-to-Suit Option
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      646,902 SF

      Northborough Crossing Retail Space

      Prime Worcester County retail space available.
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      Retail Space in Northborough Center

      Retail spaces available in a power shopping center.
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    • $4,600 /Mo
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      Northborough Warehouse with Office Space

      3,500 SF warehouse with office space available for lease.
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    • $10,000 /Mo
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      New Retail Space Available

      Brand new 4000 sq ft retail space for lease.
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      View Details
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    1st Belmont St
    Northborough, MA 01532-2101
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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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