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Financial
Distress signals
Property profile

251 South Main St F Middleton, MA 01949

FOR LEASE
Retail space
Property ID
US38-1308831
13,524 SF 1.61 ac lot Built 1998
Last sale Oct 1998 · $455,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a first-floor rear retail unit containing 1,650 square feet of primarily open retail and production space, along with two private offices. It features 8-foot drop ceilings, LED lighting, and restroom access through a common hallway, and it is configured as a commercial space. The unit is in a plaza setting and is located within a commercial corridor with frontage and signage opportunities along Route 114; the plaza is served by more than 50 parking spaces. The property is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$32k
Tax billed · 2024
Assessed value$2.75M
Assessed land$1.58M
Assessed improvement$1.18M
Effective rate1.18%

Value estimate

· Oct 2026
$2.25M
$2.02M – $2.47M
Submarket $/SF estimate$1.62M
NOI build-up
Gross scheduled income$325k
Vacancy & credit loss−$7k
Operating expenses−$95k
NOI · 1,234,472.22% cap applied$222k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
County average, outlier-cleaned · 252 recorded sales of this use type
Observed band · Q1–Q3$138 – $329
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,234,472.22%
$222k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1
The intent of M1 district is to permit light industrial uses and research facility etc.
General categoryINDUSTRIAL
JurisdictionMIDDLETON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.6
Building Supply10.3
Storage Facility10.3

Location

251 South Main St, Unit F Middleton, MA 01949
County assessor Recorded deeds · 5 transfers 6 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

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
237 Main, Middleton, MA 01949-2445 $5,550,000 Dec 2025 17,400 SF
170 Main, Middleton, MA 01949-1632 $1,450,000 Sep 2023 8,910 SF
259-263 Main, Middleton, MA 01949 $2,650,000 Aug 2022 20,532 SF
333 Main, Middleton, MA 01949-1614 $1,850,000 Jan 2022 9,200 SF
325 Main, Middleton, MA 01949-1685 $350,000 Dec 2021 10,088 SF
220 Maple, Middleton, MA 01949-2265 $10,150,000 Mar 2020 13,622 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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