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    Property profile & analytics
    OFF-MARKET Estimated value $12,745,000
    Commercial real estate

    290 Tpke Rd, Westborough, MA 01581-2843

    184,523 SF 34.34 ac lot Built 1988
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US38-1818877
    Property summary
    AI-generated overview

    RK Speedway Plaza, located at 290 Turnpike Rd in Westborough, Massachusetts (zip code 01581), presents a significant retail leasing opportunity. This multi-tenant strip center boasts a total building area of 193,494 square feet, with a substantial 41,053 square feet currently available for lease. Situated in Worcester County, the property enjoys excellent visibility and accessibility due to its prime location on Turnpike Road. The available space offers considerable flexibility for a variety of retail uses, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property's size and location within a thriving commercial area provide a strong foundation for growth and success. Detailed lease terms and conditions are available upon request. Interested parties are encouraged to contact the listing agent to schedule a viewing and discuss their specific needs. This is a rare opportunity to secure a significant retail presence in a highly desirable Westborough location. The property is classified as a retail strip center and is in Worcester County, MA. The latitude and longitude coordinates are 42.280816 and -71.646384 respectively.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1988
    Construction STEEL FRAME
    Total area 184,523 SF
    Lot 34.34 ac (1,495,763 SF)
    Zoning code BA
    APN WBOR M:0026 B:000027 L:0
    UPID US38-1818877
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $12.48M
    Blend (final) Blend
    $12.75M
    Owner & transaction history
    Rk Westboro LLC · 12 yrs held
    Rk Westboro LLC
    since 2014
    4 recorded transactions
    2021
    2014
    $18.7M
    2009
    2006
    $22.0M
    Zoning & alternative use
    BA · Westborough, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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