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    50 Technology Dr Westminster, MA

    For Sale
    Contact for pricing

    First-class medical office campus with expansion potential in Westminster, MA.

    Property size:
    162,020 SF
    Lot size:
    50.31 Acres

    Property Features for 50 Technology Dr

    General Information

    Size
    162,020 SF
    Lot size
    50.31 Acres

    Source: Colliers | Boston Agent PJ Foster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Campus in Westminster

    The property at 50 Technology Drive is a medical office campus situated at the interchange of Routes 2 and 140 in Westminster, MA. The building, under new ownership, is located on a 50.64-acre campus. It features high-quality finishes, a full-service cafeteria, campus walking paths, and prominent visibility. The property also offers significant expansion potential. The owner, Waterstone Properties Group, specializes in the creation of retail shopping centers, mixed-use properties, residential, warehousing and logistics, corporate headquarters buildings and medical campuses. The company has a diverse portfolio of properties in the United States totaling more than seven million square feet of space among 53 properties with an additional three million square feet under development.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.908806
    Latitude
    42.55677

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      104,300 SF

      Flex/Industrial Space on 33 Acres

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    FAQs

    What type of property is this?
    Medical office - First-class medical office campus with expansion potential in Westminster, MA.
    Where is this medical office located?
    The property is located at 50 Technology Dr Westminster, MA.
    What are key features of this property?
    This property features: - First-class medical office campus with high-quality finishes.; - Located on a large 50.64-acre campus with significant expansion potential.; - Prominent visibility at the interchange of Routes 2 and 140.
    (617) 794-7338
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    Realmo Value Estimation

    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.

    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.

    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
    50 Technology Dr Westminster, MA
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