Property profile

80 Optical Dr Southbridge, MA 01550

FOR LEASE
Manufacturing properties
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Property ID
US38-2149876
34,150 SF 1.96 ac Built 1900
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 80 Optical Drive, Southbridge, MA 01550 consists of an approximately 13,000-square-foot industrial facility configured for flex use, warehousing, and garage operations. The layout includes approximately 10,000 square feet of flex space and about 3,100 square feet of garage bay space, which is equipped with floor drains, seven garage bays, and a 12-foot clear height. The site provides parking and supports outdoor storage. In addition, the property includes approximately 14,000…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$43k
Tax billed · 2024
Assessed value$2.80M
Assessed land$427k
Assessed improvement$2.37M
Effective rate1.53%

Value estimate

· Nov 2026
$2.66M
$2.39M – $2.93M
NOI build-up
Gross scheduled income$471k
Vacancy & credit loss−$26k
Operating expenses−$134k
NOI · 1,558,725.00% cap applied$312k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$36 – $125
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,558,725.00%
$312k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSOUTHBRIDGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.4
Building Supply13.2
Furniture Store11.0

Location

80 Optical Dr Southbridge, MA 01550
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
114 Pleasant St, Southbridge, MA 01550-1236 $1,350,000 Jan 2026 No data
28 Sandersdale, Southbridge, MA 01550-2800 $240,000 Sep 2024 7,600 SF
833 Main, Southbridge, MA 01550-1119 $185,000 Apr 2024 6,680 SF
380 Elm, Southbridge, MA 01550-3028 $3,650,000 Mar 2023 98,621 SF
30 Ml, Southbridge, MA 01550 $150,000 Feb 2021 71,677 SF
62 Pleasant, Southbridge, MA 01550-1104 $700,000 Feb 2020 10,504 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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