Property profile

29 Lyman St Northborough, MA 01532

OFF-MARKET
Other industrial land
Property ID
US38-1703513
2.02 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property consists of 4.17 acres in Northborough, Massachusetts, located in the Industrial District. It has a special permit and approved site plan for development of a 23,232-square-foot warehouse building with 3,000 square feet of second-floor office space, including one loading dock and 42 parking spaces. The site lies within the Groundwater Protection Overlay District Area Zone 1. Access is provided via curb cuts on both Bartlett Street and Lyman Street, and municipal water service is available. Wastewater service is not currently described as installed, with a need to construct a private septic system or, alternatively, potential connection to the municipal sewer system.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.02 ac (88,009 SF)
Zoning code I
APN NBOR M:0660 L:0011
UPID US38-1703513

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29 Lyman St Northborough, MA 01532-2059
Northborough metro Census 740102 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2026
Last sale
$150,000
2 recorded transactions
2026
$1.4M
2022
$150,000

Zoning & alternative use

I · Northborough, MA
Zoning description

I groundwater quality standards (314 CMR 6.00), and any on-site sewage disposal is less than or equal to 110 gallons per day per 10,000 square feet of lot area and any water supply developed on site shall not diminish th…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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