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Financial
Distress signals
Property profile

245 W Central St Natick, MA 01760

FOR LEASE
Manufacturing properties
Property ID
US38-1380632
44,950 SF 2.5 ac lot Built 1960
Last sale Dec 2015 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
245 W Central St, Natick, MA 01760 For Lease 1 / 2
Contact for pricing 6,000 SF available
245 W Central St, Natick, MA 01760
View Listing

Property summary

AI-generated overview

245 W Central St is a commercial property in Natick, Massachusetts, situated next to the West Natick train stop and adjacent to the Natick Mall. The interior is described as well maintained and configured with spacious work areas, with flexible floor plans intended to accommodate a range of business requirements. The site includes ample on-site parking for employees and visitors. The property has frontage along Route 135, with potential signage opportunities, and is positioned to benefit from…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$62k
Tax billed · 2024
Assessed value$5.03M
Assessed land$1.52M
Assessed improvement$3.51M
Effective rate1.23%

Value estimate

· Oct 2026
$6.04M
$5.43M – $6.64M
CAP approach$7.36M
Submarket $/SF estimate$7.03M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 345 recorded sales of this use type
Observed band · Q1–Q3$86 – $254
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LC
Districts is to provide a transition from a more intensive commercial or industrial usage toward a residentially zoned area, specifically...
General categoryINDUSTRIAL
JurisdictionNATICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Law Firm18.6
Nail Salon13.9

Location

245 W Central St Natick, MA 01760
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

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

Comparables

3 recorded sales · 11 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
214 Central, Natick, MA 01760-3720 $950,000 May 2023 4,664 SF
15 Erie, Natick, MA 01760-1312 $2,250,000 Feb 2021 8,544 SF
22 Pleasant, Natick, MA 01760-5632 $3,200,000 Jan 2021 41,510 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
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $3,130,000
    41,510 SF
    22 Pleasant St
    MANUFACTURING (LIGHT)
    22 Pleasant St, Natick, MA 01760-5632
    View Details
  • Value Estimation
    $4,225,000
    25,300 SF
    3 Huron Dr
    MANUFACTURING (LIGHT)
    3 Huron Dr, Natick, MA 01760-1346
    View Details
  • Value Estimation
    $2,070,000
    22,865 SF
    63 Washington Ave
    MANUFACTURING (LIGHT)
    63 Washington Ave, Natick, MA 01760
    View Details
  • Value Estimation
    $2,780,000
    19,870 SF
    17 Tech Cir
    MANUFACTURING (LIGHT)
    17 Tech Cir, Natick, MA 01760
    View Details
  • Value Estimation
    $2,750,000
    17,184 SF
    8 Michigan Dr
    MANUFACTURING (LIGHT)
    8 Michigan Dr, Natick, MA 01760
    View Details
  • Value Estimation
    $1,170,000
    11,564 SF
    75 Middlesex Ave
    MANUFACTURING (LIGHT)
    75 Middlesex Ave, Natick, MA 01760-4543
    View Details

Similar Nearby for Sale

  • New
    $3,200,000
    8,607 SF
    Flex Building For Sale
    8,607 Sq. Ft. flex building available for sale.
    15 Erie Dr, Natick, MA 01760
    View Details
  • New
    $2,000,000
    6,576 SF
    Self Storage Facility For Sale
    For-sale self storage facility positioned for operators seeking a dedicated storage-use asset in Natick.
    780 Worcester St, Natick, MA 01760
    View Details

Similar Nearby for Lease

  • Contact for pricing
    10,000 sqft
    Furnished Flex Lab & Office
    Fully furnished flex layout with office and R&D/testing/assembly space, plus loading dock and ample on-site parking.
    5 Strathmore Rd, Natick, MA 01760
    View Details
  • New
    Contact for pricing
    10,750 sqft
    Flex Space with Cafe Kitchen
    Flex suite includes a modern kitchen/cafe area with seating and separately metered, tenant-controlled utilities.
    11 Michigan Dr, Natick, MA 01760
    View Details
  • $25 SF/Yr
    5,000 sqft
    First-Floor Flex Space
    5,000 SF of 1st-floor flex space is available for lease at 790 Worcester St.
    790 Worcester St, Natick, MA 01760
    View Details
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