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Property profile & analytics
OFF-MARKET
Estimated value
$9,830,000
Office buildings
1400 Computer Dr, Westborough, MA 01581-1760
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0495217
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
STEEL FRAME
Total area
78,371 SF
Lot
7.39 ac (322,065 SF)
Zoning code
IB
APN
WBOR M:0035 B:000165 L:0
UPID
US38-0495217
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
$9.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.93M
Blend (final)
Blend
$9.83M
Owner & transaction history
Bethany Road RT · 4 yrs held
Bethany Road RT
since 2021
Last sale
$10.0M
6 recorded transactions
Zoning & alternative use
IB · Westborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.8M
+38.7%
Retail stores
$12.3M
+15.4%
Auto repair, garage
$12.0M
+12.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westborough submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,850,000
ML approach
$9,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,655,000
Current use
RESTAURANT
$14,775,000
Change: +39% · Conversion: Moderate
RETAIL STORES
$12,295,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$12,025,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,890,000
Change: -7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,405,000
Change: -12% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,625,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$9.83M
Range $8.85M – $10.81M · ±10% · vs last sale $10.00M (Dec 13 2021)
Last sale anchor
$10.00M
Dec 13 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$152,882
Tax year 2024
Assessed value
$9,316,400
Assessed 2024
Previous assessed
$9,316,400
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,794,200
Assessed improvement
$6,522,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
1
Total area
78,371 SF
Lot
7.39 ac (322,065 SF)
Zoning code
IB
APN
WBOR M:0035 B:000165 L:0
UPID
US38-0495217
Jurisdiction
WESTBOROUGH
Zoning & alternative use
IB · Westborough, MA
Zoning IB · permitted uses
IB · Westborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westborough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.7M
RESTAURANT
Est. value
$14.8M
RETAIL STORES
Est. value
$12.3M
AUTO REPAIR, GARAGE
Est. value
$12.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.4M
COMMERCIAL (GENERAL)
Est. value
$8.6M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
1
Lot
7.39 ac
Current owner
From public records · entity-resolved
Bethany Road RT
Individual
Mailing address
3 PARK ST, LEOMINSTER, MA 01453-5641
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2021
$10,000,000
Bethany Road RT
1400 Computer Dr Prop LLC
Quit Claim Arm's Length For Ne States
$8,000,000 · Fidelity Cooperative Bank
Aug 3, 2009
—
1400 Computer Dr Prop LLC
—
Deed Of Trust
related
$7,500,000 · Cambridge Savings Bank
Jul 19, 2007
$10,700,000
1400 Computer Dr Prop LLC
Laborers Pension INC
Grant Deed
—
Mar 20, 1992
$10,450,000
Laborers Pension Westb
Computer Dr Overlook L
Grant Deed
—
May 3, 1991
—
Overlook Computer
—
Deed Of Trust
related
$650,000 · Zmc Trust Et Al 2nd
May 3, 1991
$194,000
Overlook Computer
C M A N E Computer Dr
Grant Deed
related
$9,200,000 · Fleet National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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