Property profile

21-23 Turnpike Rd Southborough, MA 01772

OFF-MARKET
Warehouses
12,998 SF Built 1987
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Property summary

AI-generated overview

This exceptional commercial property, located at 21-23 Turnpike Road in Southborough, Massachusetts, offers a unique opportunity for businesses seeking warehouse or retail space. The 12,998 square foot building sits on a 3.15-acre lot and was constructed in 1987. Currently, 8,708 square feet of space is available for lease, divisible into units ranging from a minimum of 1,208 square feet to a maximum contiguous space of 7,500 square feet. The property is zoned BH and is ideally situated in Worcester County, offering excellent visibility and accessibility. Its prime location along Route 9 provides exceptional exposure, with the added benefit of proximity to major transportation arteries: just one mile from I-90 and 3.5 miles from I-495. The property's versatile layout caters to a variety of business needs, and the availability of signage opportunities on the building and a pylon sign along Route 9 further enhances its marketing potential. This is an excellent opportunity to establish a strong presence in a thriving commercial area. The property is classified as both retail and industrial, offering flexibility for various business types. The zip code is 01772.

Property profile

Verified
Property type Warehouses
Year built 1987
Total area 12,998 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21-23 Turnpike Rd Southborough, MA 01772
Southborough metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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