290 Turnpike RdWestborough, MA 01581

  • Commercial real estate
  • 184,523 SF

Property Details for 290 Turnpike Rd

Year built
1988
Construction
STEEL FRAME
Lot size
34.34 AC
Property size (Sq ft)
184,523 SF
Zone code
BA
Property type
Commercial real estate
APN
WBOR M:0026 B:000027 L:0
APU
WBORM0026B000027L0

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $34,918,968
    Hospitality
    $31,985,588
    Educational
    $26,611,634
    Medical
    $27,526,848
    Retail
    $41,395,876

Location Insight

City
Westborough
County
Worcester
State
Massachusetts
Latitude
42.281
Longitude
-71.6474
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
$308,946
$8,362,100
$10,464,600
$18,826,700
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