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Property profile

380 Sw Cutoff Northborough, MA 01532

FOR SALE
Commercial real estate
Property ID
US38-0215791
39,208 SF 2.46 ac lot Built 1962
Last sale Oct 2016 · $3,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 7,500-square-foot retail space in Northborough, Massachusetts, presents a unique redevelopment opportunity. Located at 380 SW Cutoff, 01532, within the Metro West submarket encompassing Northborough, Southborough, and Shrewsbury in Worcester County, this property offers significant potential. Currently vacant, the entire 7,500 square feet is available for lease as a single contiguous unit. The building's previous use was a sports bar and restaurant, making it suitable for a variety of…

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?
$60k
Tax billed · 2024
Assessed value$4.17M
Assessed land$711k
Assessed improvement$3.46M
Effective rate1.43%

Value estimate

· Nov 2026
$2.80M
$2.52M – $3.07M
Submarket $/SF estimate$2.49M
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$3k
Operating expenses−$37k
NOI · 1.54% cap applied$111k

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

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 740 recorded sales of this use type
Observed band · Q1–Q3$63 – $171
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.54%
$111k 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?
HB
use variance for a marijuana establishment, medical marijuana treatment center, or sale of marijuana accessories shall be permitted. Tabl...
General categoryCOMMERCIAL
JurisdictionNORTHBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.3
Realty agency15.1
Spa & Massage10.7

Location

380 Sw Cutoff Northborough, MA 01532
County assessor Recorded deeds · 7 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
345 Main, Northborough, MA 01532-2117 $1,250,000 Aug 2024 12,119 SF
5 Goddard, Northborough, MA 01532-1545 $2,300,000 Oct 2022 9,464 SF
361 Main, Northborough, MA 01532-2117 $1,200,000 Jul 2021 10,804 SF
329 Main, Northborough, MA 01532-2162 $830,000 Apr 2020 23,890 SF
363-367 Main, Northborough, MA 01532 $2,149,500 Mar 2019 23,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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