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Property profile & analytics
OFF-MARKET
Estimated value
$5,135,000
Retail space
625 Worcester St Natick, MA 01760-1824
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0656389
Property summary
AI-generated overview
This exceptional retail property, located at 625 Worcester Street in Natick, Massachusetts, offers 20,000 square feet of commercial space for lease. Built in 1965 and zoned Commercial II, this property is situated in Middlesex County, zip code 01760. The building is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two separate tenants to lease individual units. Each divisible unit offers a minimum of 10,000 square feet, with a maximum contiguous space of 10,000 square feet. This allows for flexibility in tenant needs and configurations. The property's prime location in Natick offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The building's substantial size and layout provide ample space for retail operations, storage, and office areas. With its convenient location and significant square footage, this property represents a compelling investment opportunity in a thriving Massachusetts market. Serious inquiries are encouraged to explore the possibilities of this versatile retail space. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,056 SF
Lot
1.12 ac (48,918 SF)
Zoning code
CII
APN
NATI M:00000019 P:00000195
UPID
US38-0656389
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
-
Mitchell Gold + Bob Williams Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.86M
CAP Approach
CAP
$4.22M
Comparable Approach
Comparable
$5.64M
Blend (final)
Blend
$5.14M
Owner & transaction history
625 Worcester Street LLC · 1 yrs held
625 Worcester Street LLC
since 2025
Last sale
$5.6M
4 recorded transactions
Zoning & alternative use
CII · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.5M
+7.7%
Auto repair, garage
$5.4M
+4.4%
Neighborhood: shopping center
$5.3M
+2.8%
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 Natick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natick 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
$4,905,000
ML approach
$4,855,000
CAP Approach
CAP Return
Estimation
6%
$4,565,000
6.5%
$4,215,000
7%
$3,915,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,135,000
Current use
RESTAURANT
$5,530,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,365,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,280,000
Change: +3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,925,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,390,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$5.14M
Range $4.62M – $5.65M · ±10% · vs last sale $5.60M (Mar 17 2025)
Last sale anchor
$5.60M
Mar 17 2025
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
$269 / 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
$51,865
Tax year 2024
Assessed value
$4,230,400
Assessed 2024
Previous assessed
$4,230,400
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,357,600
Assessed improvement
$2,872,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
1
Total area
19,056 SF
Lot
1.12 ac (48,918 SF)
Zoning code
CII
APN
NATI M:00000019 P:00000195
UPID
US38-0656389
Jurisdiction
NATICK
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
CII · Natick, MAZoning CII · permitted uses
CII · Natick, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.1M
RESTAURANT
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
625 Worcester Street LLC
Entity
Mailing address
625 WORCESTER ST, NATICK, MA 01760-1824
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
625 Worcester Street LLC
Boston Cap Inv Group LLC
Quitclaim Deed
related
—
Feb 29, 2024
$5,600,000
Boston Cap Inv Group LLC
Zwep INC
Quit Claim Arm's Length For Ne States
—
May 30, 2014
—
Zwep INC
Miltsher Realty LP
Quit Claim Deed
related
—
Jun 4, 2003
—
Miltsher Rlty INC
—
Deed Of Trust
related
$360,000 · Zwi Kohorn
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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