Property profile

337 Tpke Rd Southborough, MA 01772

OFF-MARKET
Office buildings
Property ID
US38-2271014
42,539 SF 3.74 ac lot Built 1969
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 42,539 SF
Lot 3.74 ac (163,089 SF)
Zoning code IP
APN SBOR M:025.0 B:0000 L:0012.B
UPID US38-2271014

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
  • Construction Company General Contractor
  • Pharmacy
  • Construction Company
  • Interior Design Home Decor Store
  • Association / Organization

Location

337 Tpke Rd Southborough, MA 01772-1760
Southborough metro Census 741102 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.64M
Blend (final) Blend
$4.48M

Owner & transaction history

since 2023
Last sale
$5.1M
1 recorded transaction
2023
$5.1M

Zoning & alternative use

IP · Southborough, MA
Zoning description

The purpose of this IP district is to provide areas for the any kind of manufacture, processing or treatment of products, Office, bank, office building, Scientific research and development

General category INDUSTRIAL
Top alternative use upside
Retail stores $6.7M +15.4%
Auto repair, garage $6.5M +12.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 337 Tpke Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message