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Financial
Distress signals
Property profile

289 Elm St 199 Marlborough, MA 01752

FOR LEASE
Manufacturing properties
Property ID
US38-1286968
71,236 SF 6.34 ac lot Built 1982
Last sale Sep 1988 · $716,146
Individually Owned Owner of record is an individual. 38-yr Hold Held for 38 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
289 Elm St,Unit 199, Marlborough, MA 01752 For Lease 1 / 3
$3,006/Mo 1,500 SF available
289 Elm St,Unit 199, Marlborough, MA 01752
View Listing

Property summary

AI-generated overview

This flex/industrial garage space at 289 Elm St #199 in Marlborough, Massachusetts consists of approximately 1,500 square feet configured as two bays. The unit is presented on an NNN structure, with tenant responsibility for net charges, and is suitable for light industrial or flexible workspace uses consistent with its garage/bay configuration.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$81k
Tax billed · 2024
Assessed value$4.60M
Assessed land$938k
Assessed improvement$3.66M
Effective rate1.77%

Value estimate

· Oct 2026
$5.31M
$4.78M – $5.84M
Submarket $/SF estimate$7.17M
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 530.77% cap applied$16k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 345 recorded sales of this use type
Observed band · Q1–Q3$86 – $254
Qualifying comparables3

Cap rate analysis

How does the asset earn?
530.77%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARLBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant25.1
Wholesale Shop17.3
Auto Parts Store16.2

Location

289 Elm St, Unit 199 Marlborough, MA 01752
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
181 Liberty, Marlborough, MA 01752-4333 $647,000 Sep 2024 5,928 SF
85 Hayes Memorial, Marlborough, MA 01752-1831 $2,100,000 Sep 2024 28,284 SF
128 Bartlett, Marlborough, MA 01752-3016 $11,625,000 Oct 2021 83,923 SF
669 Frst, Marlborough, MA 01752-3067 $6,900,000 Jul 2021 43,013 SF
445 Simarano, Marlborough, MA 01752-3073 $6,600,000 Nov 2019 173,107 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $4,845,000
    69,836 SF
    303 Mechanic St
    MANUFACTURING (LIGHT)
    303 Mechanic St, Marlborough, MA 01752-4422
    View Details
  • Value Estimation
    $7,355,000
    59,520 SF
    261 Cedar Hl St
    MANUFACTURING (LIGHT)
    261 Cedar Hl St, Marlborough, MA 01752-3412
    View Details
  • Value Estimation
    $6,920,000
    43,013 SF
    669 Frst St
    MANUFACTURING (LIGHT)
    669 Frst St, Marlborough, MA 01752-3067
    View Details
  • Value Estimation
    $3,670,000
    40,482 SF
    19 Bartlett St
    MANUFACTURING (LIGHT)
    19 Bartlett St, Marlborough, MA 01752-3014
    View Details
  • Value Estimation
    $3,760,000
    36,055 SF
    40 Cedar Hl St
    MANUFACTURING (LIGHT)
    40 Cedar Hl St, Marlborough, MA 01752-3006
    View Details
  • Value Estimation
    $2,990,000
    35,254 SF
    90 Bartlett St
    MANUFACTURING (LIGHT)
    90 Bartlett St, Marlborough, MA 01752-3013
    View Details

Similar Nearby for Sale

  • New
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    Flex Space with Drive-In Door
    New light industrial space supports manufacturing, distribution, office, and contractor operations.
    78 Airport Blvd. # 6, Marlborough, MA 01752
    View Details
  • $1,349,000
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    New Light Industrial Building
    5,040 sq.ft. light industrial building in Airport Industrial Park.
    88 Airport Boulevard Unit 7, Marlborough, MA 01752
    View Details
  • $1,399,000
    0.68 Acres
    New Light Industrial Building
    6,000 sq.ft. light industrial building in Airport Industrial Park.
    78 Airport Blvd. 6, Marlborough, MA 01752
    View Details
  • $1,399,000
    0.68 Acres
    New Light Industrial Building
    6,000 sq.ft. light industrial building in Airport Industrial Park.
    66 Airport Blvd. 5, Marlborough, MA 01752
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    76,475 sqft
    Marlborough Warehouse Space Available
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  • New
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    62,632 sqft
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    Standalone facility accommodates light industrial, manufacturing, distribution, and climate-sensitive operations.
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    View Details
  • New
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    40,000 sqft
    Single-Story Flex Space
    Flex and R&D space offers immediate occupancy, heavy power, and tailboard-height loading in a single-story building.
    150 Locke Drive, Marlborough, MA 01752
    View Details
  • Contact for pricing
    32,135 sqft
    Single-Story Flex Space
    Adaptable commercial space supports office, laboratory, and manufacturing operations with loading access and on-site parking.
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    View Details
  • Contact for pricing
    30,000 sqft
    Two-Story Flex Office Building
    Two-story flex/office building with two loading docks, 800 amps of power, and municipal water and sewer.
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    View Details
  • Contact for pricing
    31,248 sqft
    Flex R&D Industrial Park Suites
    Flex/R&D/industrial suites with private tailboard loading, drive-in docks, and 16–18’ ceiling heights.
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    View Details
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