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    Property profile & analytics

    3 Colonial Dr Westborough, MA 01581-1659

    • Retail space
    • 3,000 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Oct 26, 2022
    Location Intelligence
    Property ID
    US38-0449521
    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

    • Retail space

    Property Details for 3 Colonial Dr

    Year built
    1979
    Construction
    FRAME
    Lot size
    0.76 lot acres
    Property size
    3,000 SF
    Zone code
    BB
    Property type
    Retail space
    APN
    WBOR M:0021 B:00055A L:0
    APU
    WBORM0021B00055AL0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.61
    Latitude
    42.2725
    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
    $8,778
    $317,800
    $217,100
    $534,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      16,327 SF

      44 South St

      Individual retail properties • 16,327 SF
      44 South St, Westborough, MA 01581
      View Details
    • Value Estimation
      $350,000
      1,240 SF

      71 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,240 SF
      71 Main St, Westborough, MA 01581-1420
      View Details
    • Value Estimation
      $1,135,000
      6,046 SF

      5 Summer St

      RETAIL STORES (PERSONAL SERVICES) • 6,046 SF
      5 Summer St, Westborough, MA 01581-1523
      View Details
    • Value Estimation by Request
      1,405 SF

      206 Tpke Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,405 SF
      206 Tpke Rd, Westborough, MA 01581-2810
      View Details
    • Value Estimation
      $385,000
      1,334 SF

      275th Tpke Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,334 SF
      275th Tpke Rd, Westborough, MA 01581-2807
      View Details
    • Value Estimation by Request
      71,000 SF

      272 Tpke Rd

      RETAIL STORES (PERSONAL SERVICES) • 71,000 SF
      272 Tpke Rd, Westborough, MA 01581-2812
      View Details

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      Impressive Victorian triplex with excellent rent potential in Westborough, MA.
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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
    • $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
      1,282 SF

      Retail Space in Bay State Commons

      Retail space available in planned mixed-use Westborough development.
      600 Union St, Westborough, MA 01581
      View Details
    • $18 SF/Yr
      3,272 SF

      Retail Space on East Main

      Former bank/retail space with drive-through and ample parking.
      21 E Main St, Westborough, MA 01581
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    • $1,750 /Mo
      943 SF

      Retail/Office Space For Rent

      943+/- SF retail/office space available for rent.
      3 Union St, Westborough, MA 01581
      View Details

    Property Visit Statistics

    • Visits by month
      23.3k
    • Visitors by month
      12.2k
    • Avg Time on site
      7 min
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    3 Colonial Dr
    Westborough, MA 01581-1659
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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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