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    995 Main St Waltham, MA 02451

    Sponsored
    For Sale
    $1,950,000

    Vacant land, prime Waltham location. High development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.42-acre vacant development site is located at 995 Main Street in Waltham, Massachusetts. Offered at $1,950,000, this property presents a unique opportunity for developers seeking a prime location for a new construction project. The site's address places it on a well-established street with excellent visibility and accessibility. The land is currently vacant, allowing for complete design flexibility and immediate commencement of development. Given its size and location within Waltham, the property is well-suited for a variety of potential uses, subject to local zoning regulations and approvals. Prospective buyers are encouraged to conduct their own due diligence regarding permitted uses and development feasibility. The closing date is anticipated for May 8th, 2024. This is a rare opportunity to acquire a sizable development parcel in a highly desirable area of Waltham, offering significant potential for future growth and return on investment. Serious inquiries only. The property is being sold "as is."

    Property Features for 995 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    18,295 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.25174
    Latitude
    42.37653

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    FAQs

    What type of property is this?
    Commercial real estate - Vacant land, prime Waltham location. High development potential.
    Where is this commercial real estate located?
    The property is located at 995 Main St Waltham, MA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    (617) 916-1028
    Request Owner's contact information
    995 Main St Waltham, MA 02451
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    Waltham, MA 02451
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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
    995 Main St Waltham, MA 02451
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