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    321 Commonwealth Rd Wayland, MA 01778

    • Office buildings
    • 60,057 SF
    • 4.27 lot acres
    For Lease
    View listing
    $24 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US38-1490969
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stanmar, Inc. / Construction Company / Building Design Company
    • C2 Premium Marketing / Marketing Agency
    • Celebration Travel / Travel Agency
    • MembersFirst Health & Fitness Club Home Page / Physical Fitness Program
    • The Clifford Group LLC / Financial Planner / Financial Consultant

    Property Details for 321 Commonwealth Rd

    Year built
    1979
    Construction
    CONCRETE
    Lot size
    4.27 lot acres
    Property size
    60,057 SF
    Zone code
    BA
    Property type
    Office buildings
    APN
    WAYL M:52 L:159
    APU
    WAYLM52L159

    Description

    This exceptional Class A executive office property, located at 321 Commonwealth Road in Wayland, Massachusetts, offers a rare opportunity for businesses seeking premium space in Middlesex County. The building totals 6,536 square feet and features two suites, with 5,148 square feet currently vacant and immediately available for lease. Individual suites range from a minimum of 1,582 square feet to a maximum contiguous space of 5,148 square feet, providing flexibility for various business needs. The building boasts impressive 8'6" ceilings and ample parking, with a ratio of 3.2 spaces per 1,000 square feet. The property is well-equipped with robust power infrastructure, including a 1,600 AMP, 480/270-volt system, ensuring reliable power for even the most demanding operations. Its convenient location in Wayland, MA, offers easy access to major transportation routes and amenities. This is an ideal opportunity for businesses seeking a modern, efficient, and well-located executive office space. The property is classified as Office and Industrial, specifically catering to executive office tenants. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The zip code is 01778.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wayland
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.354
    Latitude
    42.3219
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $118,053
    $1,539,900
    $6,066,600
    $7,606,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation by Request
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      21 Cochituate Rd

      OFFICE BUILDING • 3,500 SF
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    • Value Estimation
      $870,000
      2,802 SF

      13 Pelham Is Rd

      OFFICE BUILDING • 2,802 SF
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      View Details

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      Prime Wayland Executive Office Space

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      Office Space For Lease

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      View Details
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    Wayland, MA 01778
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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
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