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Financial
Distress signals
Property profile

290 Tpke Rd Westborough, MA 01581

OFF-MARKET
Commercial real estate
Property ID
US38-1818877
184,523 SF 34.34 ac lot Built 1988
Last sale Jun 2014 · $18,727,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$309k
Tax billed · 2024
Assessed value$18.83M
Assessed land$8.36M
Assessed improvement$10.46M
Effective rate1.64%

Value estimate

· Oct 2026
$12.75M
$11.47M – $14.02M
Submarket $/SF estimate$12.48M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 740 recorded sales of this use type
Observed band · Q1–Q3$63 – $171
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BA
The Intent of this to promote Business Highway Uses
General categoryCOMMERCIAL
JurisdictionWESTBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center10.1
HVAC Service10.1
Parking Facility9.9

Location

290 Tpke Rd Westborough, MA 01581-2843
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
161 Milk, Westborough, MA 01581-1150 $2,200,000 Sep 2024 20,301 SF
170 Oak, Westborough, MA 01581 $800,000 Sep 2023 13,508 SF
160 Oak, Westborough, MA 01581 $800,000 Sep 2023 8,400 SF
35 Chauncy, Westborough, MA 01581-2627 $8,250,000 Dec 2022 38,446 SF
45 Oak, Westborough, MA 01581-2665 $10,350,000 May 2022 71,026 SF
254 Tpke, Westborough, MA 01581-2812 $3,800,000 Jan 2021 34,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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