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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Investment properties
33 Central St, Southbridge, MA 01550-3745
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0783970
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
5,460 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CC
APN
SBRI M:0035 B:0023 L:00001
UPID
US38-0783970
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
$630k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Wps Southbridge Ctrl LLC · 2 yrs held
Wps Southbridge Ctrl LLC
since 2023
Last sale
$710,000
4 recorded transactions
Zoning & alternative use
CC · Southbridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+192.9%
Retail stores
$855,000
+143.8%
Auto repair, garage
$840,000
+138.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Southbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southbridge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$610,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
RESTAURANT
$1,030,000
Change: +193% · Conversion: Difficult
RETAIL STORES
$855,000
Change: +144% · Conversion: Easy
AUTO REPAIR, GARAGE
$840,000
Change: +138% · Conversion: Difficult
OFFICE BUILDING
$740,000
Change: +111% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: +96% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$655,000
Change: +86% · Conversion: Moderate
WAREHOUSE, STORAGE
$550,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $710k (Nov 6 2023)
Last sale anchor
$710k
Nov 6 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,134
Tax year 2024
Assessed value
$270,900
Assessed 2024
Previous assessed
$270,900
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$76,000
Assessed improvement
$194,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
6
Bathrooms
9
Total area
5,460 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CC
APN
SBRI M:0035 B:0023 L:00001
UPID
US38-0783970
Jurisdiction
SOUTHBRIDGE
Zoning & alternative use
CC · Southbridge, MA
Zoning CC · permitted uses
CC · Southbridge, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$840,000
OFFICE BUILDING
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$655,000
WAREHOUSE, STORAGE
Est. value
$550,000
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
6
Bathrooms
9
Lot
0.09 ac
Current owner
From public records · entity-resolved
Wps Southbridge Ctrl LLC
Entity
Mailing address
33 CENTRAL ST, SOUTHBRIDGE, MA 01550-3745
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2023
$710,000
Wps Southbridge Ctrl LLC
Sgp Properties LLC
Quit Claim Arm's Length For Ne States
$682,500 · Jeanne D Arc Cu
Dec 21, 2016
$330,000
Phout Vongphakdy
Sotar,nicholas J & Yuri I
Quit Claim Deed
related
$330,000 · Nicholas J Sotar
Dec 21, 2016
—
Sgp Properties LLC
Vongphakdy,phout & Gilmarie
Quit Claim Deed
related
—
Sep 5, 2002
$245,000
Nicholas J Sotar
Dragon,edith L
Grant Deed
$220,500 · Zenon Grzybowski
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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