Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Retail space
205 Tpke Rd Southborough, MA 01772-2113
Individually Owned
34-yr Hold
~
Est. High Equity
Property ID
US38-0566493
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
FRAME
Total area
7,413 SF
Lot
1.58 ac (68,955 SF)
Zoning code
BH
APN
SBOR M:036.0 B:0000 L:0017.0
UPID
US38-0566493
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sperry's Liquors and Market (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
RE/MAX Signature Properties Real Estate Agency
-
Penny Green, RE/MAX Signature Properties Real Estate Agency
-
J.T.Homes Designs Construction Company
-
Linda Mossman Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.58M
Owner & transaction history
Douglas Curtiss · 34 yrs held
Douglas Curtiss
since 1992
6 recorded transactions
Zoning & alternative use
BH · Southborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this Business Highway district is to provide areas for commercial uses long the highways and nearby residents
Zone name
Business Highway
General category
COMMERCIAL
Zone area
131.61 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.4M
+20.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Southborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southborough submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,825,000
6.5%
$1,685,000
7%
$1,565,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,165,000
Current use
RESTAURANT
$1,400,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,135,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$1,010,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$213 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$22,095
Tax year 2024
Assessed value
$1,588,400
Assessed 2024
Previous assessed
$1,404,500
+13.1% YoY
Effective rate
1.39%
On assessed value
Assessed land
$357,300
Assessed improvement
$1,231,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
2
Total area
7,413 SF
Lot
1.58 ac (68,955 SF)
Zoning code
BH
APN
SBOR M:036.0 B:0000 L:0017.0
UPID
US38-0566493
Jurisdiction
SOUTHBOROUGH
Zoning & alternative use
BH · Southborough, MAZoning BH · permitted uses
BH · Southborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this Business Highway district is to provide areas for commercial uses long the highways and nearby residents
Zone name
Business Highway
General category
COMMERCIAL
Zone area
131.61 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
2
Lot
1.58 ac
Current owner
From public records · entity-resolved
Douglas Curtiss
Individual
Mailing address
205 TPKE RD, SOUTHBOROUGH, MA 01772-2113
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2007
—
205 Turnpike Road RT
—
Deed Of Trust
related
$460,000 · Marlborough Savings Bank
May 10, 2006
—
Douglas C Curtiss
—
Deed Of Trust
related
$60,000 · Sovereign Bank
Nov 17, 2003
—
Turnpike Rd RT 205
—
Deed Of Trust
related
$50,000 · Sovereign Bank
Apr 9, 1993
—
Turnpike Rd RT 205
—
Deed Of Trust
related
$60,000 · Fleet National Bank
Mar 30, 1992
—
Turnpike Rd RT 205
—
Deed Of Trust
related
$155,000 · Fleet National Bank
Feb 7, 1992
$190,000
Douglas Curtiss
Lane Management INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 205 Tpke Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
