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    79 Mechanic St Marlborough, MA 01752-4403
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    Property profile & analytics

    79 Mechanic St Marlborough, MA 01752-4403

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    • Office buildings
    • 4,805 SF
    • 0.13 lot acres
    For Sale
    $655,000
    View Listing →
    Marlborough Office & Flex Space For Sale
    $655,000
    5,374 SF

    Marlborough Office & Flex Space

    Office and flex space in a high-visibility Marlborough location.

    7-9 Mechanic Street, Marlborough, MA 1752
    View Listing
    Property ID
    US38-1288771
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 79 Mechanic St

    Year built
    1916
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    4,805 SF
    Property type
    Office buildings
    APN
    MARL M:069 B:379 L:000
    APU
    MARLM069B379L000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $600,000
      ML approach
      $605,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $752,000
      Market price range: $209k - $1.43M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marlborough
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5535
    Latitude
    42.3469
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,237
    $125,000
    $511,300
    $636,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,925,000
      159,703 SF

      251 Locke Dr

      OFFICE BUILDING • 159,703 SF
      251 Locke Dr, Marlborough, MA 01752-7220
      View Details
    • Value Estimation
      $34,865,000
      107,520 SF

      225 Cedar Hl St

      OFFICE BUILDING • 107,520 SF
      225 Cedar Hl St, Marlborough, MA 01752-5900
      View Details
    • Value Estimation
      $4,475,000
      79,568 SF

      130 Lizotte Dr

      OFFICE BUILDING • 79,568 SF
      130 Lizotte Dr, Marlborough, MA 01752-3080
      View Details
    • Value Estimation
      $2,970,000
      12,863 SF

      40 Mechanic St

      OFFICE BUILDING • 12,863 SF
      40 Mechanic St, Marlborough, MA 01752-4425
      View Details
    • Value Estimation
      $1,260,000
      4,097 SF

      190 Main St

      OFFICE BUILDING • 4,097 SF
      190 Main St, Marlborough, MA 01752-2652
      View Details
    • Value Estimation
      $1,075,000
      2,525 SF

      25 Newton St

      OFFICE BUILDING • 2,525 SF
      25 Newton St, Marlborough, MA 01752-2808
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Office Condo For Sale

      4,375 Sq. Ft Office Condo For Sale/Lease.
      28 Lord Rd, Marlborough, MA 01752
      View Details
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      6,000 SF

      New Light Industrial Building

      6,000 sq.ft. light industrial building in Airport Industrial Park.
      78 Airport Blvd, Marlborough, MA 01752
      View Details
    • Contact for pricing

      New Light Industrial Building

      6,000 sq.ft. light industrial building in Airport Industrial Park.
      78 Airport Blvd, Marlborough, MA 01752
      View Details
    • Contact for pricing
      6,000 SF

      New Light Industrial Building

      6,000 sq.ft. light industrial building in Airport Industrial Park.
      78 Airport Blvd, Marlborough, MA 01752
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      204 SF

      Marlborough Office Building For Lease

      62,610 SF office building with highway visibility.
      67 Forest St, Marlborough, MA 01752
      View Details
    • Contact for pricing
      2,667 SF

      Class A Office Space Available

      Six-story Class A office building near I-495 and Route 20.
      33 Boston Post Rd, Marlborough, MA 01752
      View Details
    • Contact for pricing

      Marlborough Office Park with Amenities

      Three-building office park with amenities and highway access.
      2 Mount Royal Ave, Marlborough, MA 01752
      View Details
    • Contact for pricing
      14,186 SF

      Marlboro Office Building For Rent

      Two-story office building near retail and entertainment.
      313 Boston Post Rd W, Marlborough, MA 01752
      View Details
    • Contact for pricing
      13,971 SF

      Premium Office Space Available

      Class A office space in a master-planned business park.
      62 Forest St, Marlboro, MA 01752
      View Details
    • Contact for pricing
      30,000 SF

      Marlborough Flex/Office Building Available

      30,000 SF flex/office building for sale or lease.
      237 Cedar Hill St, Marlborough, MA 01752
      View Details
    View Listing
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    Marlborough, MA 01752-4403
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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