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    243 Mystic Ave Medford, MA 02155

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    For Sale
    Contact for pricing

    Rare opportunity: developable land near transportation and amenities.

    Lot size:
    0.19 Acres

    Property Features for 243 Mystic Ave

    General Information

    Lot size
    0.19 Acres

    Source: Burgess Properties Agent Steve Nohrden

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

    Overview

    Prime Developable Land Parcel

    This is an opportunity to acquire a developable parcel of land. The property is approximately 8,276 square feet and is zoned C2. Immediate access to I-93 and Route 16 is available. MBTA access, including bus and train, is within walking distance. The property is located just off I-93, minutes from Boston. New Medford zoning changes are in process and may allow for heavy density and 5-6+ story height.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1028111
    Latitude
    42.4064965

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    FAQs

    What type of property is this?
    Land - Rare opportunity: developable land near transportation and amenities.
    Where is this land located?
    The property is located at 243 Mystic Ave Medford, MA.
    What are key features of this property?
    This property features: - Prime developable parcel of land in Boston's inner suburban market.; - Immediate access to I-93 and Route 16.; - MBTA access (bus and T) within walking distance; minutes to Boston.
    (781) 321-5200
    Request Owner's contact information
    243 Mystic Ave Medford, MA 02155
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    Medford, MA 02155
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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
    243 Mystic Ave Medford, MA 02155
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