Property summary
This centrally located Southbridge commercial property at 248 Elm Street offers a unique opportunity for a variety of businesses. The 0.66-acre lot features a two-story building previously used as a machine shop, showcasing its robust construction. The floors are reinforced to support heavy equipment, a significant advantage for industrial or manufacturing operations. Convenient access is provided by a loading dock and a freight lift servicing the second floor. The building's electrical… system has been updated, and all lighting in the shop area is energy-efficient LED. Climate control is ensured by a central air conditioning system, approximately two years old, supplemented by oil heat. A dedicated space houses two air compressors, enhancing operational efficiency. The property also includes four office spaces, one of which is large enough to accommodate four desks, providing ample administrative space. Three bathrooms and a kitchen area cater to employee needs. This versatile property presents a compelling investment opportunity in a desirable Southbridge location. The combination of heavy-duty construction, updated systems, and ample office space makes it suitable for a range of commercial applications. The property's central location and convenient features make it an attractive option for businesses seeking a well-equipped and strategically positioned space.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,246 SF
- Lot area
- 0.66 ac
- Year built
- 1890
- Stories
- 2
- APN
- SBRI M:0054 B:0200 L:00001
- Zoning
- OR
- Assessed value · 2024
- $231,300
- Annual tax · 2024
- $3,530
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
Limitations on signage, number of vehicles or parking spaces, noise, or hours of operation of construction equipment. 4. Limitation of size, method or hours of operation, extent of facilities, or other operating characte…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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