Property profile

254 Tpke Rd Westborough, MA 01581

OFF-MARKET
Showrooms
Property ID
US38-1249717
34,560 SF 6 ac lot Built 1967
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1967
Construction STEEL FRAME
Total area 34,560 SF
Lot 6 ac (261,360 SF)
Zoning code BA
APN WBOR M:0026 B:000023 L:0
UPID US38-1249717

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Furniture & Home Goods
  • Industrial Manufacturer Production Facility

Location

254 Tpke Rd Westborough, MA 01581-2812
Westborough metro Census 742402 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.12M
CAP Approach CAP
$4.80M
Comparable Approach Comparable
$2.87M
Blend (final) Blend
$3.75M

Owner & transaction history

since 2021
Last sale
$3.8M
3 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$3.8M

Zoning & alternative use

BA · Westborough, MA
Zoning description

. The provisions of § 4.2B (Split lots) shall not apply. The SLO shall not apply to any parcel of land located within a Highway Business (BA) District. E. Permitted uses. Independent senior housing, senior living facilit…

General category COMMERCIAL
Top alternative use upside
Retail stores $5.4M +42.6%
Auto repair, garage $5.3M +39.4%
Office building $4.7M +23.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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