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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Commercial real estate
367 Tpke Rd Southborough, MA 01772-1710
Entity Owned
~
Est. High Equity
Property ID
US38-0307882
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Total area
16,320 SF
Lot
10.84 ac (472,190 SF)
Zoning code
I
APN
SBOR M:024.0 B:0000 L:0004.B
UPID
US38-0307882
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
Current use
Occupant on record · Public records
-
Red Roof Inn Boston - Southborough/Worcester Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.32M
Owner & transaction history
Shree Ram Hospitality LLC
Shree Ram Hospitality LLC
since 2025
7 recorded transactions
Zoning & alternative use
I · Southborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+14.7%
Apartment house (5+ units)
$2.0M
+9.0%
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 Southborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southborough 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
COMMERCIAL (GENERAL)
$1,795,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,060,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,960,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,635,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±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
$81 / 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
$70,312
Tax year 2024
Assessed value
$5,054,800
Assessed 2024
Previous assessed
$4,342,800
+16.4% YoY
Effective rate
1.39%
On assessed value
Assessed land
$1,064,200
Assessed improvement
$3,990,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Heating
NONE
Cooling
YES
Buildings
2
Units
108
Total area
16,320 SF
Lot
10.84 ac (472,190 SF)
Zoning code
I
APN
SBOR M:024.0 B:0000 L:0004.B
UPID
US38-0307882
Jurisdiction
SOUTHBOROUGH
Zoning & alternative use
I · Southborough, MAZoning I · permitted uses
I · Southborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
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
1982
Heating
NONE
Cooling
Yes
Buildings
2
Units
108
Lot
10.84 ac
Current owner
From public records · entity-resolved
Shree Ram Hospitality LLC
Entity
Mailing address
2727 LYNDON B JOHNSON FWY STE #806, DALLAS, TX 75234-7334
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
Shree Ram Hospitality LLC
—
Deed
related
$5,000,000 · Open Bank
Nov 4, 2025
$7,400,000
Shree Ram Hospitality LLC
Bw Rri III LLC
Deed
$5,705,000 · Open Bank
Mar 2, 2022
—
Bw Rri 3 LLC
—
Deed
related
$241,250,000 · Natixis Re Capital Ll
Feb 6, 2018
—
Bw Rri 3 LLC
—
Deed
related
—
May 19, 2015
$7,724,600
Bw Rri 3 LLC
Fmw Rri 1 LLC
Quit Claim Arm's Length For Ne States
$1 · Barclays Bk Delaware
Oct 28, 2011
$2,370,500
Fmw Rri I LLC
R Roof 3 LLC
Grant Deed
—
Oct 17, 2007
$1
R Roof LLC
Red Roof Inns INC
Grant Deed
—
Oct 17, 2007
—
R Roof LLC
—
Deed Of Trust
related
$465,000,000 · Bear Stevens Funding
—
—
Bw Rri 3 LLC
—
Deed Of Trust
related
—
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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