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Property profile & analytics
OFF-MARKET
Auto shops

264 Cordaville Rd Southborough, MA 01772-2003

756 SF 0.25 ac lot Built 1942
Entity Owned 20-yr Hold Free & Clear
Property ID
US38-0602529
Property summary
AI-generated overview

This exceptional 756-square-foot industrial property, located at 264 Cordaville Rd in Southborough, Massachusetts (01772), presents a unique investment opportunity. Built in 1942, the building sits on a 0.25-acre lot and features a two-bay auto repair shop configuration with three drive-in doors. The existing structure includes approximately 576 square feet of warehouse space, 180 square feet of office space, and 252 square feet of storage, all under a 12-foot ceiling. The property boasts ample parking for approximately 21 vehicles and a single restroom. A significant advantage is the availability of a car dealer license, expanding potential uses and revenue streams. The property is zoned as Residence B, and buyers are responsible for conducting their own due diligence regarding permitted uses and zoning compliance. Owner financing may be available for qualified buyers. This versatile property is ideal for a variety of uses, from continuing its current operation as an auto repair shop to expanding into a full-fledged car dealership, or adapting to other suitable commercial ventures. The property's convenient location and existing infrastructure make it a highly attractive investment. The net rentable area is 756 square feet.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1942
Construction FRAME
Total area 756 SF
Lot 0.25 ac (10,846 SF)
Zoning code RB
APN SBOR M:009.0 B:0000 L:0011.0
UPID US38-0602529
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
  • Stefco Auto Repair and Sales Auto Repair Shop
  • Custodio Auto Services Inc. Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
P & H Mgmt Corp · 20 yrs held
P & H Mgmt Corp
since 2005
3 recorded transactions
2005
$254,301
1989
$365,000
1989
Price N/A
Zoning & alternative use
RB · Southborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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