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    Property profile & analytics

    114 Tpke Rd Westborough, MA 01581-2861

    • Office buildings
    • 71,698 SF
    • 4.99 lot acres
    OFF-MARKET
    Value Estimation
    $19,285,000
    Last Sale
    Dec 27, 2022
    $19,914,382
    Location Intelligence
    Property ID
    US38-1248596
    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

    • Office buildings

    Property Details for 114 Tpke Rd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    4.99 lot acres
    Property size
    71,698 SF
    Zone code
    BA
    Property type
    Office buildings
    APN
    WBOR M:0028 B:000064 L:0
    APU
    WBORM0028B000064L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $19,225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $21,450,000
      6.5%
      $19,075,000
      7%
      $20,755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $22,680,000
      Geo Method
      $18,070,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $17,075,000
      Retail
      $16,855,000
      Mixed-Use
      $22,385,000
      Hospitality
      $17,290,000
      Educational
      $18,430,000
      Residential Income
      $18,000,000
      Energy
      $20,190,000
      Income-Based Land
      $20,930,000
      Food Service
      $17,060,000

    Location Insight

    • Map
    • Local Demand
    City
    Westborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6047
    Latitude
    42.2837
    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
    $81,595
    $2,173,600
    $2,798,700
    $4,972,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      127,007 SF

      118 Flanders Rd

      OFFICE BUILDING • 127,007 SF
      118 Flanders Rd, Westborough, MA 01581-1035
      View Details
    • Value Estimation by Request
      46,750 SF

      33 Lyman St

      OFFICE BUILDING • 46,750 SF
      33 Lyman St, Westborough, MA 01581-1404
      View Details
    • Value Estimation by Request
      41,688 SF

      106 Main St

      OFFICE BUILDING • 41,688 SF
      106 Main St, Westborough, MA 01581-1417
      View Details
    • Value Estimation by Request
      92,600 SF

      50 Washington St

      OFFICE BUILDING • 92,600 SF
      50 Washington St, Westborough, MA 01581-1166
      View Details
    • Value Estimation by Request
      36,456 SF

      45 Lyman St

      OFFICE BUILDING • 36,456 SF
      45 Lyman St, Westborough, MA 01581-2628
      View Details
    • Value Estimation
      $10,185,000
      2,200 SF

      27 Brigham St

      OFFICE BUILDING • 2,200 SF
      27 Brigham St, Westborough, MA 01581-1603
      View Details

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    • $20 SF/Yr
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      Westborough Office Space For Lease

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    • Contact for pricing
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    Westborough, MA 01581-2861
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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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