Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    227-231 Main St Marlborough, MA 01752
    Back to Search
    Property profile & analytics

    227-231 Main St, Marlborough, MA 01752

    View on Map

    • Retail space
    • 3,557 SF
    • 0.12 lot acres
    Off-Market
    Last Sale May 11, 2023
    $750,000
    Property ID
    US38-1671971
    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.

    Value Estimations
    $770,000
    Show details
    Cap Rate Potential
    6.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 227-231 Main St

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property type
    Retail space
    APN
    MARL M:069 B:481 L:000
    APU
    MARLM069B481L000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 11, 2023 $750,000 Emporium Brazil Re LLC R & J Series LLC Quit Claim Arm's Length For Ne States $600k · Eastern Bank
    Aug 29, 2005 $1 R & J Series LLC 227-231 Main St RT Grant Deed · related —
    Dec 29, 1994 $125,000 Robert D Yesue Shoe City Rlty Corp Grant Deed $75k · Hudson National Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $785,000
      ML approach
      $780,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $850,000
      6.5%
      $785,000
      7%
      $730,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $873,000
      Market price range: $498k - $1.48M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $960,000
      Current use
      AUTO REPAIR, GARAGE
      $1,000,000
      Change: +4% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $985,000
      Change: +3% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Marlborough
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5511
    Latitude
    42.3468
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $7,513
    $216,300
    $209,100
    $425,400
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message