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Financial
Distress signals
Property profile

300 West Main St Pad Site Northborough, MA 01532

FOR LEASE
Other industrial properties
Property ID
US38-0725011
43,335 SF 11.09 ac lot Built 1997
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a pad site located at 300 W. Main Street in Northborough, Massachusetts, just off Route 20 within the Fox Meadow Crossing office park. The site provides up to 11,000 square feet and is designed to support build-to-suit development based on tenant requirements. It includes 16 exclusive parking spaces and two ADA-compliant entrances, with potential site configuration for drive-thru services. The surrounding area includes retail and service businesses, including restaurants and coffee shops, as well as nearby schools.

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?
$64k
Tax billed · 2024
Assessed value$4.51M
Assessed land$1.02M
Assessed improvement$3.49M
Effective rate1.43%

Value estimate

· Oct 2026
$3.05M
$2.74M – $3.35M
Submarket $/SF estimate$2.75M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 740 recorded sales of this use type
Observed band · Q1–Q3$63 – $171

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BW
aw, no use variance for a marijuana establishment, medical marijuana treatment center, or sale of marijuana accessories shall be permitte...
General categoryCOMMERCIAL
JurisdictionNORTHBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.6
Restaurant14.4
Building Supply13.9

Location

300 West Main St, Unit Pad Site Northborough, MA 01532
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
398 Cedar Hl, Northborough, MA 01532 $10,020,000 Jan 2024 49,334 SF
425 Whitney, Northborough, MA 01532-1147 $6,700,000 Jan 2023 45,090 SF
180 Bartlett, Northborough, MA 01532-2038 $1,995,000 Jul 2022 37,332 SF
77 Main, Northborough, MA 01532-1943 $2,600,000 Jun 2021 39,035 SF
5 Beeman, Northborough, MA 01532-2049 $13,076,096 Feb 2021 58,106 SF
30 Bearfoot, Northborough, MA 01532-1514 $3,350,000 Aug 2020 60,693 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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