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    3860 Mystic Valley Pkwy Medford, MA 02155

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    For Lease
    Contact for pricing

    Proposed retail pad with drive-thru in a premier power center.

    Property size:
    3,500 SF
    Lot size:
    22.13 Acres

    Property Features for 3860 Mystic Valley Pkwy

    General Information

    Size
    3,500 SF
    Lot size
    22.13 Acres

    Source: KeyPoint Partners, LLC Agent Don Mace

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

    Overview

    Retail Pad with Drive-Thru

    A proposed retail pad with drive-thru is available within a 300,000 square foot premier urban core power center. This center is one of only four Wegman’s-anchored centers in the greater Boston area. The location offers high visibility, fronting Mystic Valley Parkway (Route 16), which sees over 41,200 vehicles daily. The property is easily accessible by car via I-93 and Route 28, as well as by public transportation. It serves Boston, Cambridge, Somerville, Medford, and surrounding communities. The property size is 3,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Verizon Internet Service Provider Element Dental Dentist Kristy Winata Dentist

    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
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.09497
    Latitude
    42.406007

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    FAQs

    What type of property is this?
    Drive through restaurant - Proposed retail pad with drive-thru in a premier power center.
    Where is this drive through restaurant located?
    The property is located at 3860 Mystic Valley Pkwy Medford, MA.
    What are key features of this property?
    This property features: - Wegman's-anchored center, one of only four in greater Boston; - Drive-thru availability; - **Highly visible location fronting Mystic Valley Parkway (Rt. 16)**
    (781) 273-5555
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    3860 Mystic Valley Pkwy 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
    3860 Mystic Valley Pkwy Medford, MA 02155
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