Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Harvard St Brookline, MA 02445
    Property profile & analytics

    Harvard St, Brookline, MA 02445

    View on Map
    • Office Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 0 Harvard St

    Property type
    Office Spaces
    Property subtype
    Retail space

    Description

    This Brookline, MA office property, located at 7-15 Harvard Street, zip code 02445, offers a flexible workspace solution. The building is zoned G20 and features a traditional office design with storefront elements, ideal for a variety of businesses. Currently, there is one available space ranging from 1,810 to 2,170 square feet. The minimum divisible space is 2,123 square feet, while the maximum contiguous space available is 2,170 square feet. This makes it suitable for businesses needing a single, sizable office space or those requiring slightly smaller, divisible units within the larger space. The property's location in Brookline offers excellent accessibility and visibility, making it an attractive option for businesses seeking a prominent presence in a desirable area. The building's traditional office style provides a professional and established atmosphere. Further details regarding lease terms and specifics are available upon request. Inquire today to learn more about this exceptional Brookline office opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookline
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1189
    Latitude
    42.3337

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      320 Washington St

      Distribution properties
      320 Washington St, Brookline, MA 02445
      View Details
    • Value Estimation by Request
      9,999 SF

      81 Boylston St

      Manufacturing properties
      81 Boylston St, Brookline, MA 02445
      View Details
    • Value Estimation by Request
      3,650 SF

      81 Boylston St -

      Office Spaces
      81 Boylston St -, Brookline, MA 02445
      View Details
    • Value Estimation by Request
      500 SF

      320 Washington St

      Distribution properties
      320 Washington St, Brookline, MA 02445
      View Details
    • Value Estimation
      $3,080,000
      11,306 SF

      1680th Beacon St1641-1651

      RETAIL STORES (PERSONAL SERVICES)
      1680th Beacon St1641-1651, Brookline, MA 02445-2180
      View Details
    • Value Estimation
      $1,110,000
      4,072 SF

      1680th Beacon St1653-1655

      RETAIL STORES (PERSONAL SERVICES)
      1680th Beacon St1653-1655, Brookline, MA 02445-2180
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Office Condo Near Green Line

      Office condo for sale near public transportation.
      1842 Beacon St, Brookline, MA 02445
      View Details
    • Contact for pricing
      3,950 SF

      Brookline Medical/Office Building For Lease

      3,950 SF medical/office building for lease in Brookline, MA.
      32 Kent St, Brookline, MA 02445
      View Details
    • $649,999

      Modern Brookline Office Space For Sale

      Renovated 8-room office space near public transport and parking.
      1842 Beacon St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Brookline Portfolio Opportunity

      Portfolio sale featuring two properties on Kent Street.
      20 Kent St, Brookline, MA 02445
      View Details
    • $3,500,000
      6,218 SF

      Boylston Street Development Site

      Development site available for sale on Boylston Street.
      51-67 Boylston St, Brookline, MA 02445
      View Details
    • Contact for pricing
      Pending

      Brookline Triplex in Prime Location

      Three-family property in Brookline with high walk and bike scores.
      9 E Milton Rd, Brookline, MA 02445
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,282 SF

      Retail Space on Harvard Street

      Retail space available on Harvard Street in Brookline, MA.
      75-87 Harvard St, Brookline, MA 02445
      View Details
    • Contact for pricing
      650 SF

      Retail Space in Brookline, MA

      Prime retail space with natural light and great visibility.
      358 Boylston St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Brookline Village Retail Space Available

      3304 SF retail space with ample signage and parking.
      60-62 Harvard St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Brookline Village Retail Space Available

      Rare 1719 SF retail space in Brookline Village.
      60-62 Harvard St, Brookline, MA 02445
      View Details
    • Contact for pricing
      3,650 SF

      Brookline Retail Space Available

      Vacant retail space with high ceilings and excellent frontage.
      81 Boylston St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Brookline Retail/Showroom Space Available

      Vacant retail space with high ceilings and excellent frontage.
      81 Boylston St, Brookline, MA 02445
      View Details
    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.
    Harvard St
    Brookline, MA 02445
    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
    Harvard St, Brookline, MA, 02445
    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!