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    Property profile & analytics

    357 Main St Southbridge, MA 01550-3728

    • Warehouses
    • 4,608 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    $4,575,000
    Last Sale
    May 24, 2023
    $4,928,261
    Location Intelligence
    Property ID
    US38-1087516
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 357 Main St

    Year built
    2015
    Construction
    FRAME
    Lot size
    1.27 lot acres
    Property size
    4,608 SF
    Zone code
    CC
    Property type
    Warehouses
    APN
    SBRI M:0048 B:0213 L:00001
    APU
    SBRIM0048B0213L00001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,315,000
      6.5%
      $4,735,000
      7%
      $5,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,075,000
      Geo Method
      $5,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,775,000
      Retail
      $5,510,000
      Mixed-Use
      $5,215,000
      Hospitality
      $4,255,000
      Educational
      $4,805,000
      Residential Income
      $5,625,000
      Energy
      $4,685,000
      Income-Based Land
      $4,740,000
      Food Service
      $5,525,000

    Location Insight

    • Map
    • Local Demand
    City
    Southbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0358
    Latitude
    42.076
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,603
    $437,900
    $1,108,800
    $1,546,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      1,155 SF

      795 Main St

      BULK STORAGE, TANKS • 1,155 SF
      795 Main St, Southbridge, MA 01550-1165
      View Details
    • Value Estimation
      $375,000
      1,576 SF

      39 Main St

      BULK STORAGE, TANKS • 1,576 SF
      39 Main St, Southbridge, MA 01550-2520
      View Details
    • Value Estimation by Request
      2,477 SF

      904 Main St

      BULK STORAGE, TANKS • 2,477 SF
      904 Main St, Southbridge, MA 01550-1143
      View Details
    • Value Estimation
      $380,000
      11,644 SF

      230 Worcester St

      WAREHOUSE, STORAGE • 11,644 SF
      230 Worcester St, Southbridge, MA 01550-1326
      View Details
    • Value Estimation
      $2,090,000
      34,720 SF

      105 Ashland Ave

      WAREHOUSE, STORAGE • 34,720 SF
      105 Ashland Ave, Southbridge, MA 01550-2803
      View Details
    • Value Estimation
      $445,000
      20,134 SF

      65 Moon St

      WAREHOUSE, STORAGE • 20,134 SF
      65 Moon St, Southbridge, MA 01550-1317
      View Details

    Similar Nearby for Sale

    • $4,000,000
      198,300 SF

      35 Optical Dr

      Manufacturing properties • 198,300 SF
      35 Optical Dr, Southbridge, MA 01550
      View Details
    • $499,900

      Two-Story Commercial Building with Parking

      Centrally located two-story commercial building with reinforced floors and parking.
      248 Elm St, Southbridge, MA 01550
      View Details
    • $4,000,000
      198,300 SF

      Southbridge Industrial Building for Cultivation

      198,300 SF industrial building suited for marijuana cultivation and manufacturing.
      35 Optical Dr, Southbridge, MA 01550
      View Details
    • $450,000
      2.00 Acres

      Southbridge Commercial Land Parcel

      2-Acre Commercial Lot, Excellent Access
      1 Berry Farms Rd, Southbridge, MA 01550
      View Details
    • $475,000
      9,536 SF

      Historic Office Building For Sale

      9,536 SF office building in Southbridge, Massachusetts.
      25 Elm St, Southbridge, MA 01550
      View Details
    • $750,000
      17,432 SF

      Three-Story Office Building For Sale

      Turnkey office building with elevator and handicap access.
      326-328 Main St, Southbridge, MA 01550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,845 SF

      Southbridge Warehouse Space Available

      3,845 SF warehouse space for lease in Southbridge, MA.
      10 Cabot St, Southbridge, MA 01550
      View Details
    • Contact for pricing
      34,150 SF

      Southbridge Industrial Space for Lease

      13,000 SF industrial space suitable for flex, warehousing, storage.
      80 Optical Dr, Southbridge, MA 01550
      View Details
    • $1.00 SF/Yr

      Southbridge Retail Spaces For Rent

      Five retail spaces available in Southbridge's central business district.
      100 Central St, Southbridge, MA 01550
      View Details
    • $22 SF/Yr
      35,491 SF

      Southbridge Office Space Available

      First-class office space with amenities in downtown Southbridge.
      14 Mechanic St, Southbridge, MA 01550
      View Details
    • $2,000 /Mo
      2,144 SF

      Southbridge Commercial Space For Rent

      Office or retail space available in Southbridge, Massachusetts.
      476 Worcester St, Southbridge, MA 01550
      View Details

    Property Visit Statistics

    • Visits by month
      43.1k
    • Visitors by month
      17.3k
    • Avg Time on site
      7 min
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    357 Main St
    Southbridge, MA 01550-3728
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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