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    FOR LEASE
    Industrial properties

    134 Flanders Rd, Westborough, MA 01581

    58,386 SF 5.84 ac lot Built 1987
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-0948985
    Property summary
    AI-generated overview

    This exceptional 1,692 square foot office suite, located on the third floor at 134 Flanders Road, Suite 305 in Worcester County, presents a fantastic opportunity for a single tenant. The space boasts a highly functional layout, including two private corner offices, ideal for senior staff or focused work. A sizable open center area provides flexibility for various team configurations and work styles. Convenient built-in storage is included, along with a kitchenette for employee convenience. Beyond the suite itself, tenants benefit from access to a large shared conference room, perfect for meetings and presentations, and a comfortable break area. The building features an elevator for easy access to the third floor, a loading dock for efficient deliveries, and ample shared parking for employees and visitors. The property is a single-building, three-story traditional office structure, offering a professional and well-maintained environment. This suite is perfect for a business seeking a move-in ready space with a blend of private and collaborative work areas. The location in Worcester County provides easy access to major transportation routes and local amenities. This is a rare opportunity to secure a well-appointed office space in a desirable location. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1987
    Construction STEEL FRAME
    Total area 58,386 SF
    Lot 5.84 ac (254,456 SF)
    Zoning code IB
    APN WBOR M:0030 B:000004 L:0
    UPID US38-0948985
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.42M
    CAP Approach CAP
    $8.20M
    Comparable Approach Comparable
    $5.48M
    Blend (final) Blend
    $6.00M
    Owner & transaction history
    2022 Stonegate 134 Flande · 4 yrs held
    2022 Stonegate 134 Flande
    since 2022
    Last sale
    $6.1M
    7 recorded transactions
    2022
    $6.1M
    2016
    $5.8M
    2006
    2005
    $4.3M
    1997
    1994
    1987
    Zoning & alternative use
    IB · Westborough, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $9.2M +96.0%
    Auto repair, garage $9.0M +91.7%
    Office building $7.9M +69.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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