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    Property profile & analytics

    369 Main St Northborough, MA 01532-2153

    • Super regional malls
    • 14,251 SF
    • 2.01 lot acres
    OFF-MARKET
    Value Estimation
    $2,405,000
    Last Sale
    Jun 27, 2024
    $2,400,000
    Location Intelligence
    Property ID
    US38-1438902
    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

    • Monti's Pizza Plus / Italian Restaurant / Pizza Restaurant
    • Sir Loin Catering / Caterer
    • Yama Zakura / Sushi Restaurant / Asian Fusion Restaurant
    • Honey Farms / Farm
    • The Cellar Bar & Grille / Restaurant / American Restaurant

    Property Details for 369 Main St

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.01 lot acres
    Property size
    14,251 SF
    Zone code
    BW
    Property type
    Super regional malls
    APN
    NBOR M:0810 L:0019
    APU
    NBORM0810L0019

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,650,000
      6.5%
      $2,525,000
      7%
      $2,280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,225,000
      Geo Method
      $2,755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,555,000
      Retail
      $2,155,000
      Mixed-Use
      $1,995,000
      Hospitality
      $2,425,000
      Educational
      $2,420,000
      Residential Income
      $2,585,000
      Energy
      $2,615,000
      Income-Based Land
      $2,300,000
      Food Service
      $2,325,000

    Location Insight

    • Map
    • Local Demand
    City
    Northborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6656
    Latitude
    42.3052
    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
    $22,398
    $324,000
    $1,244,500
    $1,568,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,435,000
      14,120 SF

      292 Main St

      REGIONAL SHOPPING CENTER, MALL • 14,120 SF
      292 Main St, Northborough, MA 01532-1667
      View Details
    • Value Estimation by Request
      33,860 SF

      318 Main St

      REGIONAL SHOPPING CENTER, MALL • 33,860 SF
      318 Main St, Northborough, MA 01532-3609
      View Details
    • Value Estimation by Request
      25,560 SF

      290 Main St

      REGIONAL SHOPPING CENTER, MALL • 25,560 SF
      290 Main St, Northborough, MA 01532-2164
      View Details
    • Value Estimation
      $310,000
      3,200 SF

      20 Allen Ct

      SHOW ROOM, WAREHOUSE • 3,200 SF
      20 Allen Ct, Northborough, MA 01532-1616
      View Details
    • Value Estimation by Request
      4,664 SF

      25 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,664 SF
      25 Main St, Northborough, MA 01532-1909
      View Details
    • Value Estimation
      $400,000
      3,280 SF

      5 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,280 SF
      5 Main St, Northborough, MA 01532-1909
      View Details

    Similar Nearby for Sale

    • $825,000

      Northborough Retail Building on Route 20

      3,918 SF free-standing building on Route 20 in Northborough.
      326 Main St, Northborough, MA 01532
      View Details
    • $1,500,000
      Pending

      Mixed-Use Property with Residential Units

      Versatile property with retail space and townhouse-style condominiums.
      90 West Main St, Northborough, MA 01532
      View Details
    • $333,336
      Pending

      Northborough Residential Land For Sale

      Residential land available in Northborough, Massachusetts.
      343 Newton St, Northborough, MA 01532
      View Details
    • $1,395,000

      Mixed-Use Flex Space Available

      Fully leased mixed-use property with flex, retail, office, apartment.
      94 Main St, Northborough, MA 01532
      View Details
    • New
      $525,000
      Pending

      Northborough Buildable Residential Lot

      5.37 acre buildable lot in sought-after Castle subdivision.
      25 Castle Rd, Northborough, MA 01532
      View Details
    • $325,000
      0.60 Acres

      Residential Land in Northborough, MA

      Residential land for sale in a desirable Northborough location.
      129 Bartlett St, Northborough, MA 01532
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,115 SF

      Retail Space in Northborough Center

      Retail spaces available in a power shopping center.
      9102-9114 Shops Way, Northborough, MA 01532
      View Details
    • Contact for pricing
      4,442 SF

      Northborough Crossing Retail Space

      Retail space available in a large, open-air shopping center.
      8104-8120 Shops Way, Northborough, MA 01532
      View Details
    • $10,000 /Mo
      14,810 SF

      New Retail Space Available

      Brand new 4000 sq ft retail space for lease.
      89 Main St, Northborough, MA 01532
      View Details
    • $4,000 /Mo
      4,116 SF

      Renovated Showroom and Storage Space

      Renovated commercial units with showroom and storage space available.
      168 Main St, Northborough, MA 01532
      View Details
    • Contact for pricing
      4,241 SF

      Mixed-Use Commercial Building For Rent

      Two-story commercial building with retail, dining, office, and medical spaces.
      318 Main St, Northborough, MA 01532
      View Details
    • Contact for pricing
      6,745 SF

      Northborough Office Space Available

      Prime Office Space, Build-to-Suit Option
      300 Main St, Northborough, MA 01532
      View Details
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    369 Main St
    Northborough, MA 01532-2153
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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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