Advertise

Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Open Dashboard
How to use Realmo Analytics Watch the walkthrough
Financial
Distress signals
Property profile

118 Flanders Rd Westborough, MA 01581

FOR LEASE
Office buildings
Property ID
US38-1202466
127,007 SF 19.85 ac lot Built 2001
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
118 Flanders Rd, Westborough, MA 01581 For Lease
$6,580,000 26,000 SF available
118 Flanders Rd, Westborough, MA 01581
View Listing

Property summary

AI-generated overview

The property at 118 Flanders Road in Westborough, Massachusetts consists of a 26.5-acre site with office space totaling approximately 26,000 square feet. It is located less than two miles from the intersection of Interstate 495 and Route 9, with access via Flanders Road and Washington Street, and the surrounding area includes hotels, restaurants, retail options, and childcare centers. The building includes a full-service cafeteria with seating for up to 100 people, with renovations completed in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$153k
Tax billed · 2024
Assessed value$9.30M
Assessed land$2.66M
Assessed improvement$6.64M
Effective rate1.64%

Value estimate

· Oct 2026
$6.58M
$5.92M – $7.24M
Submarket $/SF estimate$6.79M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 301 recorded sales of this use type
Observed band · Q1–Q3$74 – $211
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IB
IB District. Projects in the Industrial D (ID) Overlay District shall undergo site plan review in accordance with § 3.1 and shall be cons...
General categoryINDUSTRIAL
JurisdictionWESTBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.2
Electrical Service9.1
Tailor Shop8.8

Location

118 Flanders Rd Westborough, MA 01581
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 Tpke, Westborough, MA 01581-2864 $19,914,382 Dec 2022 72,148 SF
114 Tpke, Westborough, MA 01581-2861 $19,914,382 Dec 2022 71,698 SF
112 Tpke, Westborough, MA 01581-2859 $19,914,382 Dec 2022 71,546 SF
1400 Computer, Westborough, MA 01581-1760 $10,000,000 Dec 2021 78,371 SF
800 Park, Westborough, MA 01581-4003 $2,350,000 Apr 2019 149,983 SF
2200 Park, Westborough, MA 01581-3961 $5,210,000 Jan 2019 74,992 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $19,060,000
    149,983 SF
    800 Park Dr
    OFFICE BUILDING
    800 Park Dr, Westborough, MA 01581-4003
    View Details
  • Value Estimation
    $11,265,000
    94,504 SF
    1900 Park Dr
    OFFICE BUILDING
    1900 Park Dr, Westborough, MA 01581-3942
    View Details
  • Value Estimation
    $4,320,000
    92,600 SF
    50 Washington St
    OFFICE BUILDING
    50 Washington St, Westborough, MA 01581-1166
    View Details
  • Value Estimation
    $20,160,000
    72,148 SF
    110 Tpke Rd
    OFFICE BUILDING
    110 Tpke Rd, Westborough, MA 01581-2864
    View Details
  • Value Estimation
    $20,125,000
    71,698 SF
    114 Tpke Rd
    OFFICE BUILDING
    114 Tpke Rd, Westborough, MA 01581-2861
    View Details
  • Value Estimation
    $3,735,000
    68,415 SF
    2000 Park Dr
    OFFICE BUILDING
    2000 Park Dr, Westborough, MA 01581-3923
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    192,230 SF
    Large Office Building
    Substantial office property positioned within an established office park in the Greater Boston Metrowest region.
    900 West Park Drive, Westborough, MA 01581
    View Details
  • New
    Contact for pricing
    6,060 SF
    Second-Floor Office Suite
    Second-floor office suite with five rooms, including two private offices, a server room, and a half bathroom.
    116 E Main Street, Westborough, MA 01581
    View Details
  • New
    Contact for pricing
    1,759 SF
    Office Suite in Historic Mill Building
    Professional office space includes access to shared conference and café-style common areas.
    69 Milk Street Unit 110, Westborough, MA 01581
    View Details
  • New
    $1,595,000
    Professional Office Building
    Well-maintained office building on Route 9 offering flexible space for professional and medical-related uses.
    3 Oak St, Westborough, MA 01581
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    Premier Westborough Office Park Portfolio
    Eight-building office portfolio in a 153-acre master-planned park.
    1700 West Park Drive, Westborough, MA 01581
    View Details
  • Contact for pricing
    62,000 sqft
    Campus Office and Lab Space
    Renovating office building with floor plates over 150,000 SF and amenities including cafeteria, fitness, and conference space.
    4400 Computer Dr, Westborough, MA 01581
    View Details
  • Contact for pricing
    4,500 sqft
    Three-Story Office Building with Fitness Room
    Three-story office building with a common fitness room featuring showers and lockers and a shared kitchen/break room.
    287 Turnpike Rd, Westborough, MA 01581
    View Details
  • New
    Contact for pricing
    8,032 sqft
    Office Campus with Flexible Suites
    Flexible office suite options are available within an office campus with updated common areas and amenities.
    1500 W Park Dr, Westborough, MA 01581
    View Details
  • New
    Contact for pricing
    7,788 sqft
    Office Suite with Conference Facilities
    Office space offering lockers, showers, a cafeteria, and an on-site conference facility.
    1400 Computer Dr, Westborough, MA 01581
    View Details
  • New
    Contact for pricing
    7,000 sqft
    Multi-Building Office Portfolio
    Office buildings within a master-planned campus offer modern finishes and ceilings up to 10'4" clear height.
    1900 W Park Dr, Westborough, MA 01581
    View Details
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Request Owner's contact information
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Message sent successfully
Error
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Thank You

You are Unsubscribed From Notifications

Thank You for Inquiry
118 Flanders Rd, Westborough, MA, 01581
letter with green check mark
Check your email
We sent you the
agent's contact details. yellow underline
Can't find it?
Please check your junk/spam folder.
Why this one?
Saved
Reason not saved — we won't ask again
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!