Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stand-Alone Office Suite with Conference Room Title is generated by Realmo AI

    143 Myrtle # 2 Medford, Medford, MA 02155

    View on Map
    Claim this Listing
    New
    For Lease
    $1,500/Mo $24 SF/Yr (calc)

    Private office suite with two workstations, conference room, kitchenette, and included heat and hot water.

    Property size:
    740 SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:45 am

    Property Features for 143 Myrtle # 2 Medford

    General Information

    Standard status
    Active
    Size
    740 SF

    Building Details

    Year Built
    1992

    We can help!

    Listing Contact
    Sharon Lucido

    Listing agent Sharon Lucido

    Listing office

    Listing date Jun 3, 2026

    Source Bournetosellrealestate

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

    All listing content including descriptions, pricing, images are the copyrighted material of Sharon Lucido

    HighLights

    • Private office suite in a standalone building built in 1992
    • Layout includes two dedicated workstations and a private conference room
    • Central air, private bathroom, and granite kitchenette
    • Heat and hot water included
    • Easy access to Route 93 and nearby public transportation

    Overview

    This standalone office suite is configured with two dedicated workstations plus a private conference room, making it well suited for day-to-day client meetings and individual work. The space includes central air, a private bathroom, and a granite kitchenette. Heat and hot water are included, supporting straightforward month-to-month operating costs for an office user.

    Located along highly traveled Middlesex Fellsway, the suite offers convenient access for employees and visitors. The property is described as commuter-friendly and is just minutes from Wellington, Station Landing, and Assembly Row, with a short drive to Boston. Access to Route 93 and nearby public transportation is highlighted as a key advantage for commuting and business travel.

    For tenant use, the layout supports established professional practices that want a polished, private work environment. The on-site residential development directly behind the building is noted, which may help support a consistent local customer and service base. Overall, this is a practical option for an office operator seeking a self-contained suite with dedicated meeting space and utilities included.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.104216
    Latitude
    42.399872

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      MA, Medford - Rivers Edge Dr

      200 Rivers Edge Dr, Medford, MA 02155
      View Details
    • $2,200/Mo
      1,487 SF

      Medford Square Professional Office Condo

      Professional office condo in Medford Square with deeded parking.
      92 High Street #21, Medford, MA 02155
      View Details
    • $2,300/Mo
      1,058 SF

      Medford Commercial Space For Rent

      Commercial space suitable for office, retail, or other businesses.
      86 Spring, Medford, MA 02155
      View Details
    • $8 SF/Yr
      17,000 SF

      Former Parish Center For Rent

      17,000 SF former Parish Center available for lease.
      401 Fellsway West, Medford, MA 02155
      View Details
    • $1,100/Mo
      500 SF

      Medford Square Office Space

      Spacious, sunny office space in Medford Square for rent.
      11 Salem Street #12, Medford, MA 02155
      View Details
    • $4,800/Mo
      2,800 SF

      Medford Office Unit For Rent

      Well-kept 2800 SF office unit on Main Street.
      153 Main St, Medford, MA 02155
      View Details
    • $1,500/Mo

      Loft Office Space For Rent

      Loft office space in Medford Sq. with parking included.
      92 High St. #DH32, Medford, MA 02155
      View Details
    • $15 SF/Yr
      20,000 SF

      Former Convent and Dormitory Space

      Versatile 20,000 SF building on Route 16 for lease.
      2520 Mystic Valley Parkway, Medford, MA 02155
      View Details
    • $2,300/Mo
      2,000 SF

      Medford Commercial Space For Rent

      Spacious storefront suitable for office, retail, or other businesses.
      86 Spring, Medford, MA 02155
      View Details
    • $15 SF/Yr

      Former Convent and Dormitory Lease

      Versatile Medford commercial space, convenient location, ample parking.
      2520 Mystic Valley Parkway, Medford, MA 02155
      View Details
    • Contact for pricing
      5,137 SF

      Medford Flex Space For Lease

      High-visibility flex space with parking and convenient highway access.
      163 Mystic Avenue, Medford, MA 01810
      View Details
    • Contact for pricing

      Downtown Medford Armory Office Space

      Premiere office space in historic Medford Armory building.
      92 High Street, Medford, MA 02155
      View Details

    FAQs

    What type of property is this?
    Office units - Private office suite with two workstations, conference room, kitchenette, and included heat and hot water.
    Where is this office units located?
    The property is located at 143 Myrtle # 2 Medford Medford, MA.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: Private office suite in a standalone building built in 1992; Layout includes two dedicated workstations and a private conference room; Central air, private bathroom, and granite kitchenette
    (508) 643-8166
    We can help!
    Listing Contact
    Sharon Lucido
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    143 Myrtle # 2, Medford, MA, MA 02155
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!