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Property profile & analytics
OFF-MARKET Estimated value $860,000
Retail space

277 Main St Northborough, MA 01532-1625

2,016 SF 0.79 ac lot Built 2011
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US38-0251718
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2011
Construction CONCRETE
Total area 2,016 SF
Lot 0.79 ac (34,534 SF)
Zoning code BE
APN NBOR M:0470 L:0005
UPID US38-0251718
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k
Owner & transaction history
Hecma Properties LLC · 3 yrs held
Hecma Properties LLC
since 2022
Last sale
$820,000
7 recorded transactions
2022
$820,000
2022
Price N/A
2020
$700,000
2010
$275,000
2009
$1
2009
$1
2003
Price N/A
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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