Property profile & analytics
21 Tpke Rd Southborough, MA 01772-2117
- Commercial real estate
- 6,000 SF
- 6.30 lot acres
OFF-MARKET
Value Estimations
$935,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-0390639
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
- Fayville Gutter Cleaning G.G / Hardware & Home Improvement / General Contractor
- Horner Millwork / Building Supply / Industrial Manufacturer
- Southborough Dental Partners / Dental Office
- Dr. Rana Abood / Dental Office
- Subway / Take-out & Catering / Catering Service
Property Details for 21 Tpke Rd
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 6.30 lot acres
- Property size
- 6,000 SF
- Zone code
- BH
- Property type
- Commercial real estate
- APN
- SBOR M:039.0 B:0000 L:0022.0
- APU
- SBORM0390B0000L00220
Description
This exceptional industrial property at 21 Turnpike Rd, Southborough, offers 12,998 square feet of warehouse and distribution space, situated on a 3.15-acre lot. Currently, 15,000 square feet is available for lease, divisible into units as small as 500 square feet, with a maximum contiguous space of 7,500 square feet. The building, constructed in 1897, is zoned BH and located in Worcester County. Its strategic location provides outstanding visibility along Route 9, offering easy access to major transportation arteries. The property is just one mile from I-90 (Mass Pike) and 3.5 miles from I-495, ensuring efficient logistics and distribution. Available spaces include options with added features; one 3,000 square foot unit includes a private office and bathroom, while a 4,000 square foot unit boasts an automatic backup generator. This versatile property is ideal for businesses seeking flexible warehouse solutions with excellent accessibility and visibility. The property's size and location make it a highly desirable option for a variety of industrial and distribution needs. Contact us to learn more about leasing opportunities and to schedule a viewing.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $900,000
- 6.5%
- $835,000
- 7%
- $775,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,027,000
- AI Estimate
- $943,000
Market price range: $380k - $1.03MMarket price range: $248k - $1.15M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $660,000 Current use
- RESTAURANT
- $1,130,000 Change: +71% Conversion: Difficult
- RETAIL STORES
- $940,000 Change: +43% Conversion: Easy
- AUTO REPAIR, GARAGE
- $920,000 Change: +39% Conversion: Difficult
- OFFICE BUILDING
- $815,000 Change: +24% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $755,000 Change: +15% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $720,000 Change: +9% Conversion: Moderate
- WAREHOUSE, STORAGE
- $600,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Southborough
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.4968
- Latitude
- 42.2966
- 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
$60,745
$711,100
$3,655,900
$4,367,000
-
$0.00
$0.00
$0.00
