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    Property profile & analytics

    1 Oak St Westborough, MA 01581-2655

    • Super regional malls
    • 35,200 SF
    • 6.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,680,000
    Last Sale
    Jun 21, 2023
    $1,850,000
    Location Intelligence
    Property ID
    US38-0420704
    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

    • Super regional malls

    Property Details for 1 Oak St

    Year built
    1960
    Construction
    STEEL FRAME
    Lot size
    6.00 lot acres
    Property size
    35,200 SF
    Zone code
    BA
    Property type
    Super regional malls
    APN
    WBOR M:0034 B:000112 L:0
    APU
    WBORM0034B000112L0

    Description

    This exceptional retail opportunity is located at 9 West Plaza, 1 Oak Street, Westborough, MA 01581. The property boasts a total of 35,779 square feet and features a single suite currently available, totaling 2,839 square feet. Situated on Route 9, a major east-west commuting route and retail corridor in Massachusetts, this location offers unparalleled visibility and accessibility. The property benefits from its strategic position, just 2 miles west of I-495 and 2.75 miles northwest of I-90 (the Mass Pike), ensuring convenient access for customers and employees. The center enjoys a strong tenant mix, including established businesses such as Chipotle, PetMedic, Jersey Mike's, FedEx, and Smileland Pediatric Dentistry & Braces, creating a vibrant and attractive retail environment. The property provides ample parking, with a ratio of 4.6 spaces per 1,000 square feet. This high-traffic location in Worcester County presents a remarkable chance to establish or expand a retail business in a thriving commercial center. The available space is ideal for a variety of retail uses and offers excellent potential for growth and success. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,855,000
      6.5%
      $1,775,000
      7%
      $1,835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,670,000
      Geo Method
      $1,980,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,845,000
      Retail
      $1,635,000
      Mixed-Use
      $2,105,000
      Hospitality
      $1,960,000
      Educational
      $1,785,000
      Residential Income
      $1,860,000
      Energy
      $2,145,000
      Income-Based Land
      $1,645,000
      Food Service
      $1,605,000

    Location Insight

    • Map
    • Local Demand
    City
    Westborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6087
    Latitude
    42.2867
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT 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
    2024
    $99,502
    $1,834,200
    $4,229,300
    $6,063,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $415,000
      4,569 SF

      38 Lyman St

      REGIONAL SHOPPING CENTER, MALL • 4,569 SF
      38 Lyman St, Westborough, MA 01581-1419
      View Details
    • Value Estimation by Request
      10,630 SF

      45 Main St

      REGIONAL SHOPPING CENTER, MALL • 10,630 SF
      45 Main St, Westborough, MA 01581-1486
      View Details
    • Value Estimation by Request
      12,445 SF

      122 Tpke Rd

      REGIONAL SHOPPING CENTER, MALL • 12,445 SF
      122 Tpke Rd, Westborough, MA 01581-2854
      View Details
    • Value Estimation by Request
      20,348 SF

      76 Otis St

      REGIONAL SHOPPING CENTER, MALL • 20,348 SF
      76 Otis St, Westborough, MA 01581-3315
      View Details
    • Value Estimation by Request
      59,705 SF

      276 Tpke Rd

      REGIONAL SHOPPING CENTER, MALL • 59,705 SF
      276 Tpke Rd, Westborough, MA 01581-2857
      View Details
    • Value Estimation by Request
      29,448 SF

      227-229 Tpke Rd

      REGIONAL SHOPPING CENTER, MALL • 29,448 SF
      227-229 Tpke Rd, Westborough, MA 01581
      View Details

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    1 Oak St
    Westborough, MA 01581-2655
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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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