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Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Office buildings
2200 Park Dr Westborough, MA 01581-3961
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-0143967
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
STEEL FRAME
Total area
74,992 SF
Lot
7.34 ac (319,613 SF)
Zoning code
IB
APN
WBOR M:0030 B:000003 L:0
UPID
US38-0143967
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$3.54M
Owner & transaction history
Cabot Corp Ctr · 7 yrs held
Cabot Corp Ctr
since 2019
7 recorded transactions
Zoning & alternative use
IB · Westborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Westborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westborough 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±10%
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
$47 / 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
$76,713
Tax year 2024
Assessed value
$4,674,800
Assessed 2024
Previous assessed
$4,674,800
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,772,900
Assessed improvement
$1,901,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
1
Total area
74,992 SF
Lot
7.34 ac (319,613 SF)
Zoning code
IB
APN
WBOR M:0030 B:000003 L:0
UPID
US38-0143967
Jurisdiction
WESTBOROUGH
Zoning & alternative use
IB · Westborough, MA
Zoning IB · permitted uses
IB · Westborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westborough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
1
Lot
7.34 ac
Current owner
From public records · entity-resolved
Cabot Corp Ctr
Entity
Mailing address
116 FLANDERS RD STE #2000, WESTBOROUGH, MA 01581-1072
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2019
—
Cabot Corp Ctr
2200 W Pk LLC
Quit Claim Deed
related
—
Oct 31, 2018
$5,210,000
2200 W Pk LLC
Land Hldg LLC
Quit Claim Deed
—
Apr 10, 2018
—
Land Hldg LLC
Stj West Park Equity Ptnr
Quit Claim Deed
related
—
Oct 13, 2011
—
West Park Equity Part Stj
—
Deed Of Trust
related
$8,100,000 · Pnc Bank
Oct 18, 2010
$1
Stj W Park Equity Ptnrs
West Park Dr Equity LLC
Grant Deed
—
Oct 3, 2007
—
Kambiz Shahbazi
—
Deed Of Trust
related
$84,671,570 · General Electric Capital Corp
Oct 4, 2006
$10,400,000
West Park Dr Equity LLC
2200 West Park RT
Grant Deed
—
Oct 4, 2006
—
Wal Manager LLC
—
Deed Of Trust
related
$24,500 · Worth Funding INC
Aug 25, 1998
—
2200 West Park RT
—
Deed Of Trust
related
$7,400,000 · Zions First National Bank
May 4, 1998
$1,470,000
2200 West Park RT
Westborough Assoc Nt
Grant Deed
related
—
—
—
West Pk 2200 LLC
—
Deed Of Trust
related
$7,200,000 · Carruth Partners LLC
—
—
West Pk 2200 LLC
—
Deed Of Trust
related
$7,200,000 · Carruth Partners LLC
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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