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Property profile & analytics
OFF-MARKET Estimated value $750,000
Retail space

261 Main St Northborough, MA 01532-3600

4,154 SF 1.33 ac lot Built 1975
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US38-0434460
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Total area 4,154 SF
Lot 1.33 ac (58,048 SF)
Zoning code BE
APN NBOR M:0470 L:0002
UPID US38-0434460
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
  • Vista Home Improvement Renovation Specialist General Contractor
  • Rocky's Ace Hardware Building Supply Hardware & Home Improvement
  • Fitzgerald Community School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$945k
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$750k
Owner & transaction history
Lll3 LLC · 7 yrs held
Lll3 LLC
since 2019
7 recorded transactions
2026
Price N/A
2021
Price N/A
2019
$280,000
2016
$600,000
1994
$200,000
1993
$301,000
1992
$750,000
Zoning & alternative use
BE · Northborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

An accessory use shall be incidental and subordinate to the principal use on the lot. (2) An accessory use shall be located on the same lot as the principal residential or nonresidential use to which it is accessory, and shall not alter the character of the premises on which it is located or impair the area proximate to its location. E. Business and industri…

Zone name Business East
General category COMMERCIAL
Zone area 214.06 ac
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