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    103 Thurston Rd Newton, MA 02464

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    For Sale
    $5,995,000

    Commercially zoned property with development potential in Newton, Massachusetts.

    Property size:
    38,200 SF
    Lot size:
    0.88 Acres

    Property Features for 103 Thurston Rd

    General Information

    Size
    38,200 SF
    Lot size
    0.88 Acres

    Source: Coldwell Banker Realty | Newton Agent Alison Haran

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

    Overview

    Commercially Zoned Land For Sale

    This commercially zoned property is also zoned MR1. The combined square footage of the property, including a house and adjacent parking lot, is 38,200 square feet. The property offers development potential and is located in Newton, Massachusetts.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2205248
    Latitude
    42.3151872

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    FAQs

    What type of property is this?
    Commercial land - Commercially zoned property with development potential in Newton, Massachusetts.
    Where is this commercial land located?
    The property is located at 103 Thurston Rd Newton, MA.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: - Prime commercially zoned property, offering great development potential.; - MR1 zoning also applies, expanding possibilities.; - Totaling 38,200 sq ft, includes house and adjacent parking lot.
    (617) 653-5322
    Request Owner's contact information
    103 Thurston Rd Newton, MA 02464
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    Newton, MA 02464
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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
    103 Thurston Rd Newton, MA 02464
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