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    Property profile & analytics

    289 Tpke Rd Westborough, MA 01581-2807

    • Turn key restaurants
    • 2,176 SF
    • 4.66 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Last Sale
    Dec 12, 2022
    $700,000
    Location Intelligence
    Property ID
    US38-1563726
    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

    • Turn key restaurants

    Property Details for 289 Tpke Rd

    Year built
    2014
    Construction
    STEEL FRAME
    Lot size
    4.66 lot acres
    Property size
    2,176 SF
    Zone code
    BA
    Property type
    Turn key restaurants
    APN
    WBOR M:0026 B:00061B L:0
    APU
    WBORM0026B00061BL0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $670,000
      6.5%
      $785,000
      7%
      $720,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $665,000
      Geo Method
      $630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $705,000
      Retail
      $585,000
      Mixed-Use
      $685,000
      Hospitality
      $690,000
      Educational
      $770,000
      Residential Income
      $755,000
      Energy
      $620,000
      Income-Based Land
      $585,000
      Food Service
      $600,000

    Location Insight

    • Map
    • Local Demand
    City
    Westborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.649
    Latitude
    42.2841
    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
    $11,073
    $296,400
    $378,400
    $674,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,178 SF

      160 Tpke Rd

      RESTAURANT • 5,178 SF
      160 Tpke Rd, Westborough, MA 01581-2806
      View Details
    • Value Estimation by Request
      5,130 SF

      225 Tpke Rd

      RESTAURANT • 5,130 SF
      225 Tpke Rd, Westborough, MA 01581-2807
      View Details
    • Value Estimation
      $1,475,000
      12,585 SF

      66 Otis St

      RESTAURANT • 12,585 SF
      66 Otis St, Westborough, MA 01581-3323
      View Details
    • Value Estimation
      $270,000
      656 SF

      18 Summer St

      RESTAURANT • 656 SF
      18 Summer St, Westborough, MA 01581-1524
      View Details
    • Value Estimation by Request
      3,835 SF

      299 Tpke Rd

      RESTAURANT • 3,835 SF
      299 Tpke Rd, Westborough, MA 01581-2871
      View Details
    • Value Estimation by Request
      2,504 SF

      35 Main St

      RESTAURANT • 2,504 SF
      35 Main St, Westborough, MA 01581-1412
      View Details

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      2.14 acres of flat land with 558' frontage.
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      39,000 SF

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      Premium office space in Westborough, near major routes.
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      Commercial office building with development potential on 4.5 acres.
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    Similar Nearby for Lease

    • $20 SF/Yr
      2,239 SF

      Retail Space in Westborough Rotary

      2,239 SF retail space with great visibility and signage.
      25 W Main St, Westborough, MA 01581
      View Details
    • $1,750 /Mo
      943 SF

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      943+/- SF retail/office space available for rent.
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      View Details
    • Contact for pricing
      26,388 SF

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      Established shopping center with high traffic and easy access.
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    • $31 SF/Yr
      6,814 SF

      Route 9 Westborough Retail Space

      750 SF Retail Space Available Now
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      View Details
    • $16 SF/Yr
      6,400 SF

      Retail End Cap on Route 9

      Street retail end cap in Westborough's Belmont Plaza.
      276 Turnpike Rd, Westborough, MA 01581
      View Details
    • Contact for pricing
      5,579 SF

      Westborough Retail Space on Turnpike

      Retail space with high visibility and plentiful parking available for lease.
      153 Turnpike Rd, Westborough, MA 01581
      View Details

    Property Visit Statistics

    • Visits by month
      9.1k
    • Visitors by month
      8.9k
    • Avg Time on site
      12 min
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    289 Tpke Rd
    Westborough, MA 01581-2807
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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