Property profile

1700 PARK DR Westborough, MA 1581

OFF-MARKET
Office Building
Property ID
US38-0345401
123,286 SF 9.48 ac lot Built 1987
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of an office portfolio comprising eight office buildings located within Westborough Office Park at 800, 900, 1500, 1700, 1800, 1900, 2000, and 2200 West Park Drive, Westborough, Massachusetts. Westborough Office Park is a 153-acre master-planned suburban office development set in a wooded setting, with on-site management, food service options, a fitness center, a common conference facility, jogging trails, loading docks, and ample parking. The individual buildings share common design characteristics such as spacious lobbies/atriums, large ribbon windows, and outdoor venue space. The park is positioned less than 2 miles from the Massachusetts Turnpike (I-90) at the junction of I-495 and Route 9, providing proximity to hotels, restaurants, shopping centers, banks, and childcare centers. Specifically, the building at 1700 W Park Dr, Westborough, MA has a stated property size of 11,089 square feet, with ceiling heights of approximately 11'8" slab-to-slab between the 1st and 2nd floors, and a clear interior height of approximately 10'3" from the 1st-floor slab to the underside of the bar joist below the 2nd floor; the site is located just off the Route 9 exit on I-495.

Property profile

Verified
Property type Office Building
Year built 1987
Total area 123,286 SF
Lot 9.48 ac (412,949 SF)
APN WBOR M:0030 B:000052
UPID US38-0345401

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1700 PARK DR Westborough, MA 1581
Westborough metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2017
Last sale
$63.4M
1 recorded transaction
2017
$63.4M
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?”
You own 1700 PARK DR?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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