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Property profile & analytics
OFF-MARKET Estimated value $730,000
Industrial properties

278 Southbridge Rd Charlton, MA 01507-5237

8,383 SF 1.88 ac lot Built 1980
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US38-1467106
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Construction STEEL FRAME
Total area 8,383 SF
Lot 1.88 ac (81,893 SF)
Zoning code IG
APN CHAR M:0062 B:000A L:00003-1
UPID US38-1467106
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
  • North American Tool-Mach Corporation Industrial Manufacturer
  • North American Tool and Machine Co Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$730k
Owner & transaction history
Unique Ind LLC · 18 yrs held
Unique Ind LLC
since 2008
2 recorded transactions
2008
Price N/A
2006
Price N/A
Zoning & alternative use
IG · Charlton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial - General (IG): to provide sites for industry which create employment opportunities and capitalizes on the use of Charlton's access and environmental conditions and labor force, while recognizing the limitations of Charlton to handle traffic, water runoff, sewage, and other environmental and neighborhood impacts. (7) Business Enterprise Park (BEP)…

Zone name Industrial General
General category INDUSTRIAL
Zone area 10.62 ac
Top alternative use upside
Office building $1.1M +69.9%
Neighborhood: shopping center $1.1M +57.7%
Apartment house (5+ units) $1.0M +49.9%
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