Financial
Distress signals
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

A renovated office building located at 45 Albion St. in the Albion Street, Wakefield Business District, with proximity to downtown and the commuter rail. The building includes a first-floor area of approximately 1,500 sq. ft. featuring a two-story open-concept entry foyer with a winding staircase, reception area, five offices, and two lavatories (one providing exclusive office access). The second floor provides approximately 1,200 sq. ft. with four offices and two lavatories, including an

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

Value estimate

· Sep 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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