Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3400 Computer Dr Westborough, MA 01581-1771
    Back to Search
    Property profile & analytics

    3400 Computer Dr, Westborough, MA 01581-1771

    View on Map
    • Life science properties
    • 86,032 SF
    • 10.71 lot acres
    Off-Market
    Property ID
    US38-0581581
    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.
    Value Estimations
    $3,615,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Life science properties

    Property Details for 3400 Computer Dr

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    10.71 lot acres
    Zone code
    IB
    Property type
    Life science properties
    APN
    WBOR M:0035 B:000131 L:0
    APU
    WBORM0035B000131L0

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 17, 2020 — Computer 3400 LLC — Deed · related $13M · Carruth Partners LLC
    Dec 23, 2019 — Alfred Street LLC — Deed · related $13M · Carruth Partners LLC
    Sep 18, 2019 $12,200,000 Alfred Street LLC Emc Corp Quit Claim Deed —
    Jan 5, 2001 $12,750,000 Emc Corp Frontage Rd Rlty Ass Grant Deed —
    — — Alfred Street LLC — Deed Of Trust · related $13M · Carruth Partners LLC
    — — Computer 3400 LLC — Deed Of Trust · related $13M · Carruth Partners LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $4,720,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $5,425,000
      Change: +15% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,390,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5771
    Latitude
    42.2898
    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
    $210,709
    $2,386,300
    $10,454,000
    $12,840,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,675,000
      58,750 SF

      125 Nn Dr

      R&D FACILITY, LABS, PHARMA
      125 Nn Dr, Westborough, MA 01581-3335
      View Details
    • Value Estimation
      $2,395,000
      50,772 SF

      400 Friberg Pkwy

      R&D FACILITY, LABS, PHARMA
      400 Friberg Pkwy, Westborough, MA 01581-3955
      View Details
    • Value Estimation
      $12,525,000
      237,337 SF

      9 Technology Dr

      R&D FACILITY, LABS, PHARMA
      9 Technology Dr, Westborough, MA 01581-1794
      View Details
    • Value Estimation
      $2,790,000
      79,143 SF

      120 Flanders Rd

      R&D FACILITY, LABS, PHARMA
      120 Flanders Rd, Westborough, MA 01581-1035
      View Details
    • Value Estimation
      $11,465,000
      99,160 SF

      600 Friberg Pkwy

      R&D FACILITY, LABS, PHARMA
      600 Friberg Pkwy, Westborough, MA 01581-3924
      View Details
    • Value Estimation by Request
      677,238 SF

      4400 Computer Dr

      R&D FACILITY, LABS, PHARMA
      4400 Computer Dr, Westborough, MA 01581-1722
      View Details

    Similar Nearby for Sale

    • $3,500,000
      4,648 SF

      Former Equestrian Property on 24 Acres

      Unique equestrian property with farmhouse and outbuildings on 24 acres.
      64 Arch St, Westborough, MA 01581
      View Details
    • Contact for pricing

      Route 9 Commercial Land Available

      2.14 acres of flat land with highway business zoning.
      196 Turnpike Rd, Westborough, MA 01581
      View Details
    • Contact for pricing

      Prime Land on Route 9

      2.14 acres of flat land with highway business zoning.
      196 Turnpike Rd, Westborough, MA 01581
      View Details
    • Contact for pricing

      Prime Land on Route 9

      2.14 acres of flat land with highway business zoning.
      196 Turnpike Rd, Westborough, MA 01581
      View Details
    • Contact for pricing
      3,960 SF

      Westborough Office Building For Sale

      3,960 SF office building with 8 parking spaces.
      32-36 Milk St, Westborough, MA 01581
      View Details
    • $3,500,000
      16,327 SF

      Westborough Mixed-Use Portfolio

      29 Units, 7.77% Cap Rate, High NOI
      44 South St, Westborough, MA 01581
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,352 SF

      Westborough Industrial Space Available

      85,092 SF industrial space for lease in Westborough, MA.
      125 Fisher St, Westborough, MA 01581
      View Details
    • Contact for pricing
      12,301 SF

      Westborough Flex Space Available

      Flex space with robust power and fiber connectivity for lease.
      1 Research Dr, Westborough, MA 01581
      View Details
    • Contact for pricing

      Westborough Flex Space with Yard

      Flex space with yard, convenient highway access, and heavy power.
      25 Brigham St, Westborough, MA 01581
      View Details
    • Contact for pricing
      13,284 SF

      Westborough Retail/Industrial Flex Space

      14,000 SF retail/industrial flex space on 2.3 acres.
      233 Turnpike Rd, Westborough, MA 01581
      View Details
    • Contact for pricing

      Adaptable Industrial/Flex Space Available

      Versatile industrial/flex space with modern amenities in Westborough, MA.
      74 Otis St, Westborough, MA 01581
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3400 Computer Dr
    Westborough, MA 01581-1771
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3400 Computer Dr, Westborough, MA, 01581
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!