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    1 Worcester Rd Framingham, MA 01701

    • Commercial real estate
    • 596,993 SF
    • 105.05 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Mar 21, 2024
    $101,627,167
    Location Intelligence
    Property ID
    US38-1827312
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • PetSmart Grooming / Pet Groomer
    • SEPHORA at Kohl's / Beauty Supply Store / Cosmetics Store
    • Ulta Beauty / Cosmetics Store / Beauty Salon
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service
    • The Fine Rug Gallery at Macys / Home Goods Store

    Property Details for 1 Worcester Rd

    Year built
    1997
    Construction
    FRAME
    Lot size
    105.05 lot acres
    Property size
    596,993 SF
    Zone code
    B
    Property type
    Commercial real estate
    APN
    FRAM M:094 B:55 L:1386 U:000
    APU
    FRAMM094B55L1386U000

    Description

    Shoppers World, a prominent 758,040 square foot open-air shopping center in Framingham, Massachusetts, offers exceptional retail opportunities. Located in the heart of the Golden Triangle, the largest retail destination in the Boston area, this center boasts a strong tenant mix and high foot traffic. Currently, three retail spaces are available, ranging from 1,936 to 1,969 square feet, ideal for a variety of businesses. The property features ample parking with 4263 spaces, ensuring convenient access for customers. Shoppers World is anchored by well-known national retailers such as AMC Theaters, Best Buy, World Market, Ulta, TJ Maxx, Nordstrom Rack, PetSmart, and Olive Garden, providing a diverse and attractive shopping experience. This prime location in Middlesex County, with the address 1 Worcester Rd, Framingham, MA 01701, offers excellent visibility and accessibility, making it an ideal investment for businesses seeking a thriving retail environment. The property is classified as retail and restaurant space with multiple tenancies. This presents a unique opportunity to establish a presence in a high-traffic, established shopping center.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3928
    Latitude
    42.3028
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $4,030,094
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

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    1 Worcester Rd
    Framingham, MA 01701
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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
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