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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Industrial properties
56 Hudson St, Northborough, MA 01532-1968
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US38-0433472
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Total area
38,530 SF
Lot
1.71 ac (74,562 SF)
Zoning code
DN
APN
NBOR M:0540 L:0084
UPID
US38-0433472
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
-
Nemonix Inc Electronics & Wireless Store
-
Matec Instrument Companies, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.22M
Owner & transaction history
Nb Real Est LLC · 25 yrs held
Nb Real Est LLC
since 2000
6 recorded transactions
Zoning & alternative use
DN · 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
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$32 / 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
$35,913
Tax year 2024
Assessed value
$2,514,900
Assessed 2024
Previous assessed
$2,514,900
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$371,600
Assessed improvement
$2,143,300
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
38,530 SF
Lot
1.71 ac (74,562 SF)
Zoning code
DN
APN
NBOR M:0540 L:0084
UPID
US38-0433472
Jurisdiction
NORTHBOROUGH
Zoning & alternative use
DN · Northborough, MA
Zoning DN · permitted uses
DN · 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
2004
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
1.71 ac
Current owner
From public records · entity-resolved
Nb Real Est LLC
Entity
Mailing address
56 HUDSON ST, NORTHBOROUGH, MA 01532-1968
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2004
—
Nb Re LLC
—
Deed Of Trust
related
$750,000 · Banknorth NA
Feb 13, 2004
—
Nb Riest LLC
—
Deed Of Trust
related
$700,000 · Banknorth NA
Dec 9, 2003
—
Nb Riest LLC
—
Deed Of Trust
related
$509,820 · Banknorth NA
Oct 23, 2002
—
Nb Real Est LLC
—
Deed Of Trust
related
$150,000 · Sovereign Bank
Oct 26, 2000
$550,000
Nb Real Est LLC
Mekontrol INC
Grant Deed
$480,000 · Sovereign Bank
Jul 6, 1987
—
R C Trading Co INC
—
Deed Of Trust
related
$1,000,000 · Malden Trust Co
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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