Property profile

370 Main St 201A Townsend, MA 01474

FOR LEASE
Office buildings
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Property ID
US38-1055704
7,320 SF 0.85 ac Built 1987
Last sale Jun 2021
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
370 Main St,Unit 201A, Townsend, MA 01474 For Lease
$850/Mo 420 SF available
370 Main St,Unit 201A, Townsend, MA 01474
View Listing

Property summary

AI-generated overview

A 318-square-foot office unit is located on the second floor of a 1987 multi-tenant building at 370 Main Street in Townsend, Massachusetts. The suite is served by included heating, air conditioning, and electric service, providing independent comfort controls for a defined work space within a shared professional environment. The building is occupied by a mix of professional uses, including a dentist office, hair salon, appraiser, attorney, and construction company office, and offers on-site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$607k
Assessed land$120k
Assessed improvement$487k
Effective rate1.44%

Value estimate

· Nov 2026
$555k
$500k – $611k
Submarket $/SF estimate$560k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 1,567.88% cap applied$13k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 858 recorded sales of this use type
Observed band · Q1–Q3$122 – $352
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,567.88%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OCD
Outlying Commercial District (OCD). [Added 1-17-1989 STM by Art. 30] A. Purpose. The Outlying Commercial District is designed to accommod...
General categoryCOMMERCIAL
JurisdictionTOWNSEND

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.0
Restaurant9.9
Electrical Service9.5

Location

370 Main St, Unit 201A Townsend, MA 01474
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

9 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
3 properties of the same type in this city
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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