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Property profile & analytics
OFF-MARKET Estimated value $1,180,000
Warehouses

379 Worcester Rd Charlton, MA 01507-1503

12,200 SF 1.95 ac lot Built 2011
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US38-2155526
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2011
Construction STEEL FRAME
Total area 12,200 SF
Lot 1.95 ac (84,794 SF)
Zoning code A
APN CHAR M:0037 B:000A L:00010-2
UPID US38-2155526
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
$1.59M
Blend (final) Blend
$1.18M
Owner & transaction history
Charlton Road Rlty LLC · 21 yrs held
Charlton Road Rlty LLC
since 2004
5 recorded transactions
2023
Price N/A
2004
$1
2004
$280,000
2004
$1
1997
$184,000
Zoning & alternative use
A · Charlton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Buffer areas. All dwellings and structures shall be located a minimum of fifty (50) feet from adjacent properties. Buffer areas shall be retained in their natural vegetative state to the maximum extent feasible, except where adjacent to property used for agriculture purposes. (6) Building height. No building shall exceed thirty-six (36) feet in height, exclu…

Zone name Agriculture
General category AGRICULTURAL
Zone area 46,187.28 ac
Top alternative use upside
Retail stores $1.9M +56.4%
Auto repair, garage $1.9M +52.9%
Office building $1.7M +35.5%
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