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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Retail properties & Spaces
335 Hamilton St Southbridge, MA 01550-1854
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-0834481
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1926
Construction
FRAME
Total area
7,004 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CC
APN
SBRI M:0034 B:0028 L:00001
UPID
US38-0834481
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$920k
Owner & transaction history
Supply House Rlty LLC · 22 yrs held
Supply House Rlty LLC
since 2004
4 recorded transactions
Zoning & alternative use
CC · Southbridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+20.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,100,000
Current use
RESTAURANT
$1,320,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,075,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$950,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$885,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$131 / 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
$9,150
Tax year 2024
Assessed value
$599,600
Assessed 2024
Previous assessed
$540,300
+11.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$59,400
Assessed improvement
$540,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1926
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
3
Units
1
Total area
7,004 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CC
APN
SBRI M:0034 B:0028 L:00001
UPID
US38-0834481
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
RETAIL STORES Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$885,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1926
Construction
FRAME
Heating
SPACE
Stories
3
Buildings
1
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Supply House Rlty LLC
Entity
Mailing address
638 SOUTHBRIDGE ST, WORCESTER, MA 01610-2623
Ownership since
2004
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
Jul 2, 2008
—
Supply House Realty LLC
—
Deed Of Trust
related
$1,342,000 · Flagship Bank & Trust
Feb 14, 2005
—
Supply House Rlty LLC
—
Deed Of Trust
related
$225,000 · Commonwealth National Bank
Mar 25, 2004
$180,000
Supply House Rlty LLC
Beauregard Furniture INC
Grant Deed
$150,000 · Raymond L Brousseau
Apr 10, 1989
—
Furniture I Beauregard
—
Deed Of Trust
related
$85,000 · Shawmut Worc Cnty Bk
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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