Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Parcel for Ground Lease Title is generated by Realmo AI

    39-45 Winter Street Weymouth, Weymouth, MA 02188

    View on Map
    Claim this Listing
    New
    For Sale
    $1,200,000

    Two combined land parcels near Route 3/Route 18 Exit 38 offer flexibility for a ground-lease development plan.

    Lot size:
    0.78 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:06 am

    Property Features for 39-45 Winter Street Weymouth

    General Information

    Standard status
    Active
    Lot size
    0.78 Acres

    Building Details

    Year Built
    1994

    We can help!

    Listing Contact
    Crystal Silva

    Listing agent Crystal Silva

    Listing office

    Listing date Jun 3, 2026

    Source Milestonerealtyinc

    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 Crystal Silva

    HighLights

    • Two combined land parcels totaling 0.776 acres
    • Available for ground lease or sale
    • Located right off Route 3 and Route 18 (Exit 38)
    • Site is in the northeast quadrant of Main Street (Route 18) and Winter Street (heading east)
    • Owner requests interested parties drive the site first and submit an inquiry for a request for proposal on intended use or purchase

    Overview

    The offering consists of land for ground lease or sale, made up of two parcels totaling 0.776 acres. The owner is requesting interested parties to drive the site first before submitting questions or an inquiry. A request for proposal process is available for parties to outline intent of use or purchase.

    The property is located right off Route 3 and Route 18, at Exit 38. It sits in the northeast quadrant of Main Street (Route 18) and Winter Street when traveling east.

    This site can be a fit for developers or operators seeking a ground-lease arrangement or an outright purchase, with the land configuration supporting parties who want to propose their own concept through the owner’s RFP process. Prospective tenants and buyers should plan to review the location in person and be prepared to discuss intended use or purchase details with the ownership group.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Weymouth
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -70.9548139
    Latitude
    42.199148

    Nearby Similar for Sale

    • $1,549,000
      4,352 SF

      Five-Unit Apartment Building

      Five two-bedroom units with private balconies, separate heat and electric, plus coin-operated laundry and on-site parking.
      67 Pleasant St, Weymouth, MA 02190
      View Details
    • $620,000
      2,541 SF

      Medical Office Condo For Sale

      Turnkey medical office condo in Weymouth, MA, for sale.
      536 Broad St #6-10, Weymouth, MA 02189
      View Details
    • $599,900

      Well-Maintained Building on Large Lot

      Two-unit commercial building with high visibility and ample parking.
      1581 Main Street, Weymouth, MA 02190
      View Details
    • $479,900

      Renovated Commercial Property Near Transportation

      Classic stone building with creative workspace, convenient location.
      20 Iron Hill Street, Weymouth, MA 02189
      View Details
    • $2,499,900

      Automotive Shop with Mechanic Bays

      Commercial property featuring an automotive shop and mechanic bays.
      40 Moore Rd, Weymouth, MA 02189
      View Details
    • $1,200,000

      Prime Land Parcel For Sale

      Land parcel for ground lease or sale off Route 3.
      39-45 Winter Street, Weymouth, MA 02188
      View Details
    • $499,900
      2,000 SF

      Renovated Creative Workspace Near Transit

      Classic stone building with creative workspace near East Weymouth transit.
      20 Iron Hill Street, Weymouth, MA 02189
      View Details
    • $659,000
      2,161 SF

      Historic Multifamily Residence in Weymouth

      Historic 7-bedroom multifamily residence with updating potential.
      82-84 Sea Street, Weymouth, MA 02191
      View Details
    • $599,900

      Versatile Commercial Building with Storage

      Well-maintained building suitable for office, contractor, or professional use.
      1581 Main Street, Weymouth, MA 02190
      View Details
    • $2,475,000

      Washington Street Mixed-Use Property

      Mixed-use property with development potential in a prime location.
      1171 Washington, Weymouth, MA 02189
      View Details
    • $599,900

      Commercial Building with Income Potential

      Meticulously maintained commercial building with income potential on Route 18.
      1581 Main Street, Weymouth, MA 02190
      View Details
    • $699,000

      Two-Unit Multifamily Property For Sale

      Two-unit multifamily with recent updates and detached garage.
      61-63 Broad St, Weymouth, MA 02188
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two combined land parcels near Route 3/Route 18 Exit 38 offer flexibility for a ground-lease development plan.
    Where is this commercial land located?
    The property is located at 39-45 Winter Street Weymouth Weymouth, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Two combined land parcels totaling 0.776 acres; Available for ground lease or sale; Located right off Route 3 and Route 18 (Exit 38)
    (508) 501-1443
    We can help!
    Listing Contact
    Crystal Silva
    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
    39-45 Winter Street, Weymouth, MA, MA 02188
    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!