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Property profile & analytics
FOR LEASE
Showrooms
41 Lawrence St, Northborough, MA 01532
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1773962
For Lease
1 / 4
$580,000
41 Lawrence St, Northborough, MA 01532
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1973
Total area
10,640 SF
Lot
2.3 ac (100,327 SF)
Zoning code
BS
APN
NBOR M:1050 L:0026
UPID
US38-1773962
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
-
Giroux Electrical Contractors, Inc. Electrical Service General Contractor
-
Central Mass Signal LLC Electrical Service General Contractor
-
C & D Services Inc Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$674k
Blend (final)
Blend
$580k
Owner & transaction history
Rents Due Realty LLC · 10 yrs held
Rents Due Realty LLC
since 2016
7 recorded transactions
Zoning & alternative use
BS · Northborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Northborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northborough 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$55 / 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
$16,965
Tax year 2024
Assessed value
$1,188,000
Assessed 2024
Previous assessed
$1,188,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$353,100
Assessed improvement
$834,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1973
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
10,640 SF
Lot
2.3 ac (100,327 SF)
Zoning code
BS
APN
NBOR M:1050 L:0026
UPID
US38-1773962
Jurisdiction
NORTHBOROUGH
Zoning & alternative use
BS · Northborough, MA
Zoning BS · permitted uses
BS · Northborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northborough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Rents Due Realty LLC
Entity
Mailing address
41 LAWRENCE ST, NORTHBOROUGH, MA 01532-2405
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2019
—
Rents Due Realty LLC
—
Deed
related
$2,000,000 · St Mary's Cu
Dec 3, 2018
—
Rents Due Realty LLC
—
Deed
related
$361,962 · St Mary's Cu
Apr 20, 2016
$825,000
Rents Due Realty LLC
41 Lawrence LLC
Quit Claim Deed
$412,500 · Keybank USA
Mar 29, 2006
$620,000
41 Lawrence LLC
Hurlburt LLC
Grant Deed
$495,000 · Digital FCU
Dec 2, 2003
—
Hurlburt LLC
—
Deed Of Trust
related
$550,000 · Digital FCU
Sep 24, 2003
$375,000
Hurlburt LLC
Taylor RT
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Jul 30, 2002
—
Taylor RT
—
Deed Of Trust
related
$80,000 · New England Commissay
Mar 11, 2002
—
Taylor RT II
—
Deed Of Trust
related
$31,500 · Worth Funding INC
Sep 18, 1998
—
Taylor RT II
—
Deed Of Trust
related
$415,000 · Middlesex Savings Bank
Dec 19, 1990
—
Taylor RT
—
Deed Of Trust
related
$550,000 · Commerce Bank & Trust
Sep 27, 1988
—
Taylor Rlty Tr
—
Deed Of Trust
related
$500,000 · Zuckerman Family Nomi
—
—
Rents Due Realty LLC
—
Deed Of Trust
related
$361,962 · St Mary's Cu
—
—
Rents Due Realty LLC
—
Deed Of Trust
related
$2,000,000 · St Mary's Cu
—
—
Rents Due Realty LLC
—
Deed Of Trust
related
$341,000 · Worcester Business De
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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