134 Turnpike RdSouthborough, MA 01772

Property Details for 134 Turnpike Rd

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.75 AC

Property size (Sq ft)

47,648 SF

Zone code

RA

Property type

Office buildings

APN

SBOR M:029.0 B:0000 L:0047.0

APU

SBORM0290B0000L00470

Description

This exceptional Class A office building, located at 134 Turnpike Road in Southborough, Massachusetts, offers a prime opportunity for businesses seeking versatile and modern space. The property boasts 49,323 square feet across three stories, with a total of six suites. Individual suites range from a minimum of 2,842 square feet to a maximum contiguous space of 4,673 square feet, providing flexibility for various business needs. Currently, 7,515 square feet is available. Built in 2006 and renovated in 2020, the building features modern amenities including elevators and a recently updated fitness facility, along with renovated first and second-floor lobbies and bathrooms. Situated on 12.75 acres of land with prominent Route 9 frontage, the property enjoys sweeping views of the Sudbury Reservoir and excellent accessibility. Its location offers easy access to major roadways, including Routes 90 and 495, and is less than two miles from the Southborough commuter rail station. The property is zoned for Business/Commercial use and is located within the desirable The Boroughs submarket of Worcester County, MA, zip code 01772. This is a rare opportunity to secure high-quality office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,877,638

  6.5%

  $7,271,666

  7%

  $6,752,261

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,225,688

  Geo Method

  $6,225,688

• Alternative Use

  Use

  Valuation

  Residential

  $9,016,865

  Hospitality

  $8,259,400

  Educational

  $6,871,724

  Medical

  $7,108,053

  Retail

  $10,689,348

Location Insight

City

Southborough

County

Worcester

State

Massachusetts

Latitude

42.29

Longitude

-71.515

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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