New search
Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Auto shops
269 Main St, Northborough, MA 01532-1625
Entity Owned
4-yr Hold
Property ID
US38-0089970
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2018
Total area
3,600 SF
Lot
0.76 ac (32,923 SF)
Zoning code
BE
APN
NBOR M:0470 L:0004
UPID
US38-0089970
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
-
Samira Irwin Laer Realty Partners Real Estate Agency
-
Revibe Designs Interior Design Home Decor Store
-
Beyond Nutrition Restaurant
-
Mend Chiropractic Alternative Medicine Practice
-
Moe's Northboro Auto Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$585k
Owner & transaction history
Cedar LLC · 4 yrs held
Cedar LLC
since 2022
7 recorded transactions
Zoning & alternative use
BE · Northborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$565,000
+2.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Northborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northborough submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$550,000
Current use
RETAIL STORES
$565,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$490,000
Change: -11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,244
Tax year 2024
Assessed value
$717,400
Assessed 2024
Previous assessed
$717,400
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$277,200
Assessed improvement
$440,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
8
Bathrooms
2
Total area
3,600 SF
Lot
0.76 ac (32,923 SF)
Zoning code
BE
APN
NBOR M:0470 L:0004
UPID
US38-0089970
Jurisdiction
NORTHBOROUGH
Zoning & alternative use
BE · Northborough, MA
Zoning BE · permitted uses
BE · Northborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northborough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$550,000
RETAIL STORES
Est. value
$565,000
OFFICE BUILDING
Est. value
$490,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
8
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Cedar LLC
Entity
Mailing address
PO BOX 544, NORTHBOROUGH, MA 01532-0544
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2022
—
Cedar LLC
Fourzol LLC
Quitclaim Deed
related
$2,943,750 · Envision Bank
Dec 14, 2017
—
Migo LLC
—
Deed
related
$420,000 · Rockland Tr
Mar 29, 2017
$2,995,000
Fourzol LLC
Kendall Homes INC
Deed
$2,100,000 · Peoples United Bank
Feb 13, 2017
—
Migo LLC
—
Deed
related
$255,000 · Central One FCU
May 29, 2009
$201,000
Christopher T Gebo
P P&s Charbonneau T
Grant Deed
—
May 29, 2009
—
Gebo Realty LLC
—
Deed Of Trust
related
$750,000 · Athol Savings Bank
—
—
Migo LLC
—
Deed Of Trust
related
$525,000 · Rockland Tr
—
—
Migo LLC
—
Deed Of Trust
related
$420,000 · Rockland Tr
—
—
Migo LLC
—
Deed Of Trust
related
$432,000 · Granite St Economic Dev
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 269 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
