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Property profile & analytics
OFF-MARKET
Showrooms
351 Main St Southbridge, MA 01550-2928
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1382735
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2001
Construction
STEEL FRAME
Total area
4,500 SF
Lot
0.64 ac (27,878 SF)
Zoning code
M
APN
SBRI M:0044 B:0003 L:00001
UPID
US38-1382735
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
K&c Properties LLC · 10 yrs held
K&c Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
M · Southbridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,237
Tax year 2024
Assessed value
$343,200
Assessed 2024
Previous assessed
$327,100
+4.9% YoY
Effective rate
1.53%
On assessed value
Assessed land
$98,400
Assessed improvement
$244,800
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
4,500 SF
Lot
0.64 ac (27,878 SF)
Zoning code
M
APN
SBRI M:0044 B:0003 L:00001
UPID
US38-1382735
Jurisdiction
SOUTHBRIDGE
Zoning & alternative use
M · Southbridge, MA
Zoning M · permitted uses
M · 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.
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
K&c Properties LLC
Entity
Mailing address
351 E MAIN ST, SOUTHBRIDGE, MA 01550-2928
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2024
—
K & C Properties LLC
—
Deed
related
$264,000 · Southbridge Cu
Dec 30, 2020
—
K&c Prop LLC
—
Deed
related
$75,000 · Southbridge Cu
Aug 27, 2015
$585,000
K&c Properties LLC
Rag RT
Quit Claim Arm's Length For Ne States
$324,000 · Southbridge Savings Bank
May 16, 2013
—
Rag RT
—
Deed Of Trust
related
$185,600 · Southbridge Savings Bank
Jul 3, 2012
$1
Rag RT
Gervasi,richard A SR
Grant Deed
related
—
Jul 3, 2012
—
Richard A Gervasi SR.
—
Deed Of Trust
related
$100,000 · Southbridge Savings Bank
Jun 9, 2000
$130,000
Rag RT
Oma Group LLC
Grant Deed
$300,000 · Southbridge Savings Bank
Feb 29, 2000
$136,000
Oma Group LLC
Savoie,robert G
Grant Deed
—
Feb 29, 2000
—
Oma Group LLC
—
Deed Of Trust
related
$102,000 · Southbridge Savings Bank
Jun 4, 1999
—
Bruce W Savoie
—
Deed Of Trust
related
$29,200 · Alexander Kamizirides
Jan 5, 1994
$200,000
Robert G Savoie
R A G Partnership
Grant Deed
$134,000 · Southbridge Savings Bank
Jan 5, 1994
—
Robert G Savoie
—
Deed Of Trust
related
$31,000 · Zenon Grzybowski
Oct 18, 1990
$130,000
R A G Partnership
Savers Coop Bank
Grant Deed
$140,000 · Savers Coop Bank
Sep 14, 1990
$147,300
Savers Coop Bank
Passarelli,vincent P
Grant Deed
related
—
Nov 29, 1989
—
Vincent Passarelli
—
Deed Of Trust
related
$130,000 · Savers Coop Bank
Mar 16, 1989
—
Vincent Passarelli
—
Deed Of Trust
related
$25,374 · Savers Coop Bank
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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