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    217 Walnut St Saugus, MA 01906

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    For Lease
    Contact for pricing

    Pad/Ground Lease opportunity at Walnut Place on Rt-1.

    Property size:
    12,000 SF
    Lot size:
    1.96 Acres

    Property Features for 217 Walnut St

    General Information

    Size
    12,000 SF
    Lot size
    1.96 Acres

    Source: Boston Realty Advisors Agent Whitney Gallivan

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

    Overview

    Retail Pad/Ground Lease Opportunity

    This property presents a pad/ground lease opportunity at Walnut Place, situated on the northbound side of Route 1 at the Walnut Street off-ramp in Saugus, MA. The property encompasses a size of 12,000 square feet and is suitable for retail purposes, including individual retail properties and commercial land.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saugus
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0151016
    Latitude
    42.4869719

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    FAQs

    What type of property is this?
    Retail space - Pad/Ground Lease opportunity at Walnut Place on Rt-1.
    Where is this retail space located?
    The property is located at 217 Walnut St Saugus, MA.
    What are key features of this property?
    This property features: - Pad/ground lease opportunity; - Located at Walnut Place; - On the Northbound side of Rt-1
    (617) 375-7900
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    217 Walnut St Saugus, MA 01906
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    Saugus, MA 01906
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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
    217 Walnut St Saugus, MA 01906
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