Financial
Distress signals
Property profile

15 Richardson Ave Ste 4 Wakefield, MA 01880

OFF-MARKET
Other office properties
Property ID
US38-0196413
1,289 SF 1 ac lot Built 1900
Last sale Sep 2023 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property provides approximately 1,200 square feet of office space in a converted residential house and is located in downtown Wakefield on a side street between Main Street and North Avenue. It sits between Main Street and North Avenue, with proximity to the Wakefield commuter rail station (about 0.3 miles). The space is configured for office use, and utilities are not included in the rent.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$244k
Assessed improvement$244k
Effective rate2.17%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 858 recorded sales of this use type
Observed band · Q1–Q3$122 – $352
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B
District includes those business areas in Wakefield Center and Greenwood, uses allowed are those that serve a community-wide need and enc...
General categoryCOMMERCIAL
JurisdictionWAKEFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.2
Grocery Store10.8
Food Market10.6

Location

15 Richardson Ave Ste, Unit 4 Wakefield, MA 01880-2919
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
139 Albion, Wakefield, MA 01880-3214 $675,000 Dec 2024 2,040 SF
16 Princess, Wakefield, MA 01880-3056 $132,124 Oct 2023 1,820 SF
5 Richardson, Wakefield, MA 01880-3322 $540,000 Aug 2023 944 SF
171 Water, Wakefield, MA 01880-3011 $900,000 Sep 2022 2,184 SF
64 Albion, Wakefield, MA 01880-2803 $529,000 Feb 2022 1,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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