Financial
Distress signals
Property profile

80 Optical Dr Southbridge, MA 01550

FOR LEASE
Manufacturing properties
Property ID
US38-2149876
34,150 SF 1.96 ac lot Built 1900
Last sale May 2022
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.
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Property summary

AI-generated overview

80 Optical Drive is located within the Southbridge Innovation Center, a multi-building campus historically associated with the former American Optical Company. The building contains approximately 13,000 square feet of industrial-oriented space, including about 10,000 square feet of flex space and roughly 3,100 square feet of garage bay area. The garage bay area is equipped with floor drains and has seven garage bays with a 12-foot clear height. Outdoor space includes ample parking and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 2026
$2.66M
$2.39M – $2.93M

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Qualifying comp sales · not on file 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
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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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