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    210 Moody St Waltham, MA 02453

    For Sale
    Contact for pricing

    Waltham, MA: 24,000 SF, 42 Units, Redevelopment Site

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 24,000 square foot mixed-use property at 210 Moody Street in Waltham, Massachusetts presents a unique redevelopment opportunity. Located on a 0.28-acre lot, this site boasts Commercial Retail zoning with a Hotel by Right designation, allowing for diverse development options. The property currently features 42 units and ample parking with 400 spaces. Permits are anticipated in the third quarter of 2023 for a 42-unit hotel development, incorporating 24,000 square feet of retail space. This prime location offers unparalleled convenience, situated a quarter-mile from Route 20 and less than two miles from I-95, ensuring excellent accessibility. The property's strategic positioning benefits from its proximity to significant new residential developments, totaling 785 units across three complexes within walking distance, creating a robust potential customer base for retail and hospitality ventures. This presents a compelling investment opportunity for developers seeking to capitalize on the thriving Waltham market, catering to the needs of both residents and commuters. The building's far is 0.63. This versatile property is ideal for restaurant, retail, and hotel uses, offering significant potential for substantial returns.

    Property Features for 210 Moody St

    General Information

    Property type
    Restaurants
    Square Feet
    24,000 SF
    Lot Size
    12,197 SF

    Building Details

    Units
    42

    HighLights

    • Quarter‑mile proximity to Route 20.
    • Less than 2 miles from I‑95.
    • 0.63 building FAR.
    • Walking distance to 785 new residential units.
    • Excellent location for restaurants, retail, and hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2364127
    Latitude
    42.3725787

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    FAQs

    What type of property is this?
    Restaurant - Waltham, MA: 24,000 SF, 42 Units, Redevelopment Site
    Where is this restaurant located?
    The property is located at 210 Moody St Waltham, MA.
    What are key features of this property?
    This property features: Quarter-mile proximity to Route 20.; Less than 2 miles from I-95.; 0.63 building FAR.
    Request Owner's contact information
    210 Moody St Waltham, MA 02453
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    Waltham, MA 02453
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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
    210 Moody St Waltham, MA 02453
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