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    479-499 Meridian St Boston, MA 02128

    For Sale
    $3,100,000

    Four-acre waterfront property with significant upside potential in East Boston.

    Lot size:
    4.00 Acres

    Property Features for 479-499 Meridian St

    General Information

    Lot size
    4.00 Acres

    Source: Boston Realty Advisors Agent Jason S. Weisman

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

    Overview

    Waterfront Property in East Boston

    This offering presents the opportunity to acquire a 4-acre waterfront property located at 479 Meridian Street in East Boston, Massachusetts. The property includes 1.3 acres of upland area. Situated in a dynamic submarket, this parcel offers investors the chance to own a significant piece of East Boston's limited waterfront, presenting considerable upside potential. East Boston is known for its authentic community, convenient transportation, views of the Boston skyline, and proximity to surrounding areas. The property is located less than a mile from the MBTA's Airport Station and just over one mile from major thoroughfares such as the Mass Pike. Logan Airport is an 8-minute drive away.
    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 Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.038448
    Latitude
    42.383315

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    FAQs

    What type of property is this?
    Land - Four-acre waterfront property with significant upside potential in East Boston.
    Where is this land located?
    The property is located at 479-499 Meridian St Boston, MA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Waterfront property in East Boston, a rapidly developing and highly desirable area.; - Significant land parcel: **4 acres total, including 1.3 acres of Upland property.**; - Proximity to transportation: Under a mile to Airport Station (MBTA).
    (617) 375-7900
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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
    479-499 Meridian St Boston, MA 02128
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