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    160-162 Charlesbank Rd Newton, MA 02458

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    For Sale
    $1,899,000

    18,048 sq ft lot in Newton Corner location.

    Property Features for 160-162 Charlesbank Rd

    General Information

    Standard status
    Active
    Source: Corcoran

    Listing Agent: Jackson Wells

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Newton Corner Development Opportunity

    This 18,048 square foot lot offers a development opportunity with 170 feet of frontage in Newton Corner. The location provides convenient access to the express bus, Underwood Elementary School, Bigelow Middle School, shops, and restaurants. It also benefits from proximity to the Mass Pike and Soldiers Field Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1819437
    Latitude
    42.3576774

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    FAQs

    What type of property is this?
    Commercial land - 18,048 sq ft lot in Newton Corner location.
    Where is this commercial land located?
    The property is located at 160-162 Charlesbank Rd Newton, MA.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: - Massive 18,048 sq ft lot offers prime development opportunity.; - Coveted Newton Corner location.; - Boasts 170 feet of frontage.
    Request Owner's contact information
    160-162 Charlesbank Rd Newton, MA 02458
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    Newton, MA 02458
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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
    160-162 Charlesbank Rd Newton, MA 02458
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