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Property profile & analytics
OFF-MARKET
Estimated value
$6,290,000
Retail space
78 Tpke Rd Southborough, MA 01772-2137
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0206971
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
FRAME
Total area
13,763 SF
Lot
1.78 ac (77,711 SF)
Zoning code
BV
APN
SBOR M:038.0 B:0000 L:0009.0
UPID
US38-0206971
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy
-
Walgreens Pharmacy Pharmacy
-
TD Bank ATM Atm
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.29M
Owner & transaction history
Fd 78 Turnpike LLC · 2 yrs held
Fd 78 Turnpike LLC
since 2024
Last sale
$6.3M
4 recorded transactions
Zoning & alternative use
BV · Southborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The BV zone is intended to be a strong economic base for the City while providing a mix of uses that support an active, pedestrian oriented environment that allows for a variety of goods and services, entertainment and leisure activities
Zone name
Business Village
General category
COMMERCIAL
Zone area
29.96 ac
Source
Realmo
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 Southborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southborough 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
$6,290,000
ML approach
$6,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.29M
Range $5.66M – $6.92M · ±10% · vs last sale $6.29M (Mar 25 2024)
Last sale anchor
$6.29M
Mar 25 2024
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
$457 / 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
$53,195
Tax year 2024
Assessed value
$3,824,200
Assessed 2024
Previous assessed
$3,923,900
-2.5% YoY
Effective rate
1.39%
On assessed value
Assessed land
$606,200
Assessed improvement
$3,218,000
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
2008
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
13,763 SF
Lot
1.78 ac (77,711 SF)
Zoning code
BV
APN
SBOR M:038.0 B:0000 L:0009.0
UPID
US38-0206971
Jurisdiction
SOUTHBOROUGH
Zoning & alternative use
BV · Southborough, MAZoning BV · permitted uses
BV · Southborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The BV zone is intended to be a strong economic base for the City while providing a mix of uses that support an active, pedestrian oriented environment that allows for a variety of goods and services, entertainment and leisure activities
Zone name
Business Village
General category
COMMERCIAL
Zone area
29.96 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2008
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Fd 78 Turnpike LLC
Entity
Mailing address
78 TPKE RD, SOUTHBOROUGH, MA 01772-2137
Ownership since
2024
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 25, 2024
$6,291,000
Fd 78 Turnpike LLC
Gunther Southborough LLC
Quit Claim Arm's Length For Ne States
$4,403,700 · Middlesex Fsla
Sep 17, 2009
$6,551,724
Gunther Southborough LLC
Arista Southboro LLC
Grant Deed
—
Jan 18, 2008
$2,600,000
Arista Southboro LLC
Gator Prop LLC
Grant Deed
$6,128,000 · Gary Needham
Jan 18, 2006
—
Gator Prop LLC
—
Deed Of Trust
related
$4,000,000 · Citizens Bank Of Nh
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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