Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    237 Moody St Waltham, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Located in the heart of Waltham, ideal for retailers.

    Type:RETAIL
    Property size:
    2,772 SF
    Lot size:
    3.83 Acres
    Added:
    Dec 7, 2023
    Days on Market:
    876
    Last Refresh:
    Apr 5 at 10:15 pm

    Property Features for 237 Moody St

    General Information

    Standard status
    Active
    Size
    2,772 SF
    Lot size
    3.83 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 237 Moody St Contact us

    We can help!

    Listing Contact
    Gerald Loehr

    Listing agent Gerald Loehr

    Listing office District Real Estate Advisors

    Listing date Dec 7, 2023

    Source Moodyscre

    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 District Real Estate Advisors

    Overview

    Retail Space in Waltham Center

    The retail space is located at 237 Moody Street in Waltham. Situated in the heart of Waltham, the location benefits from its central position on Moody Street, which sees approximately 5,288 vehicles daily. It is also near Main Street (16,922 ADT) and Prospect Street (13,433 ADT). The property is approximately 1.1 miles from Brandeis University and 1.5 miles from Bentley University. The Waltham MBTA Station is located approximately 0.2 miles away, with Highway 95 approximately 2 miles away and I-90 approximately 2.1 miles away. The property has a size of 2,772 square feet and is suitable for retailers looking to enter the Waltham market.
    Location Intelligence

    Current Use by Public Records

    Cronin's Landing Apartments Apartment Complex LESNICK LAW OFFICE Law Firm Boston ID Distribution Security Service

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office 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
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2379
    Latitude
    42.3721

    Nearby Similar for Lease

    • Contact for pricing

      Prime Retail Space on Moody

      Up to 7,500 SF retail space for lease.
      274 Moody St, Waltham, MA 02453
      View Details
    • Contact for pricing

      Renovated Office Space on Moody

      Renovated office space for lease on vibrant Moody Street.
      280 Moody St, Waltham, MA 02453
      View Details
    • Contact for pricing

      Functional Office Suite on Route 128

      5,317 SF office suite in accessible Waltham location.
      400 5th Ave, Waltham, MA 02451
      View Details
    • $6,000/Mo

      Prime Location Restaurant/Retail Opportunity

      Prime location for restaurant or retail with renovation potential.
      592-600 Moody St, Waltham, MA 02453
      View Details
    • Contact for pricing

      Second-Floor Office Suite For Rent

      Office suite with flexible layout, suitable for various operational needs.
      49 River St, Waltham, MA 02453
      View Details
    • Sponsored
      Contact for pricing

      Waltham center

      303 Wyman St, Unit 300, Waltham, MA 02451
      View Details
    • $23 SF/Yr

      Waltham Office Building For Rent

      Full building or individual suites available near Moody Street.
      296 Newton St, Waltham, MA 02453
      View Details
    • Contact for pricing

      Freestanding Building on Corner Location

      8,000 sq ft building with high visibility and traffic.
      305 2nd Ave, Waltham, MA 02452
      View Details
    • $1,350/Mo

      Waltham Office Suite For Rent

      Centrally located office suite with off-street parking and MBTA access.
      740 Main St 103, Waltham, MA 02451
      View Details
    • $2,500/Mo

      Renovated Basement Office Space

      Renovated basement office space, currently used for jiu jitsu.
      520 Main St #c, Waltham, MA 02452
      View Details
    • Contact for pricing

      Waltham Office Suite For Rent

      1547 SF office suite in Waltham, ample parking.
      440 Totten Pond Rd, Waltham, MA 02451
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Renovated office space in a renovated warehouse building.
      100 Felton St #2nd, Waltham, MA 02453
      View Details

    FAQs

    What type of property is this?
    Retail space - Located in the heart of Waltham, ideal for retailers.
    Where is this retail space located?
    The property is located at 237 Moody St Waltham, MA.
    What are key features of this property?
    This property features: Ideally located in the heart of Waltham on Moody Street.; Steps away from heavily trafficked Main Street and Prospect Street.; Close proximity to the Waltham MBTA Station (.2 miles).
    (914) 438-4802 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gerald Loehr
    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

    237 Moody St, Waltham, MA

    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!