Property profile

48 Main St Northborough, MA 01532

OFF-MARKET
Gas stations
Property ID
US38-0682478
1,229 SF 0.22 ac lot Built 1965
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,229 SF
Lot 0.22 ac (9,601 SF)
Zoning code DB
APN NBOR M:0630 L:0059
UPID US38-0682478

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Auto Repair Shop

Location

48 Main St Northborough, MA 01532-1851
Northborough metro Census 740200 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$822k
Blend (final) Blend
$660k

Owner & transaction history

since 2023
Last sale
$750,000
4 recorded transactions
2023
$750,000
2021
$450,000
2015
$450,000
2003
$386,696

Zoning & alternative use

DB · Northborough, MA
Zoning description

ng bylaw, no use variance for a marijuana establishment, medical marijuana treatment center, or sale of marijuana accessories shall be permitted. Table 1. Table of Uses. Part B. Commercial and Industrial Districts. USES…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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