Realmo Analytics

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Property profile

45 Albion St Wakefield, MA 01880

FOR LEASE
Office buildings
Property ID
US38-1394907
3,261 SF 0.13 ac lot Built 1900
Last sale Jun 2003 · $1
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office building features a renovated exterior and interior along with a second floor addition completed in 2024. The first floor comprises approximately 1,500 sq. ft. and includes a two-story entry foyer, reception area, five offices, and two lavatories. The second floor totals approximately 1,200 sq. ft., with four additional offices, two lavatories, an executive corner office with a private lavatory, and a 22-foot open-air porch. A finished lower level includes a 25 by 14 ft conference…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$583k
Assessed land$273k
Assessed improvement$310k
Effective rate2.17%

Value estimate

· Nov 2026
$260k
$234k – $286k
AI approach$250k

Realmo valuation models over county records and 8 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 comparables8

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

45 Albion St Wakefield, MA 01880
County assessor Recorded deeds · 4 transfers 8 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
16 Princess, Wakefield, MA 01880-3056 $132,124 Oct 2023 1,820 SF
33 Water, Wakefield, MA 01880-2931 $50,000 Dec 2022 3,920 SF
171 Water, Wakefield, MA 01880-3011 $900,000 Sep 2022 2,184 SF
63 Albion, Wakefield, MA 01880-2801 $460,000 Jan 2022 2,395 SF
88 Foundry, Wakefield, MA 01880-3204 $850,000 Dec 2021 5,969 SF
1 Teal, Wakefield, MA 01880-1223 $888,000 Dec 2021 3,850 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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