Financial
Distress signals
Property profile

306 Main St Wakefield, MA 01880

FOR SALE
Investment properties
Property ID
US38-1152540
3,542 SF 0.12 ac lot Built 1880
Last sale Mar 2022 · $1,140,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Market Trends Soon

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

What does the county charge?
Assessed value · 2024$1.06M
Assessed land$446k
Assessed improvement$618k

Value estimate

· Sep 2026
$1.07M
$959k – $1.17M
AI approach$1.09M
CAP approach$900k
Sales comparison$1.43M
NOI build-up
Gross scheduled income$113k
Vacancy & credit loss−$6k
Operating expenses−$32k
NOI · 4.84% cap applied$75k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$258/SF
County average, outlier-cleaned · 830 recorded sales of this use type
Observed band · Q1–Q3$130 – $413
Qualifying comparables14

Cap rate analysis

How does the asset earn?
4.84%
$75k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.9
Smoke and Vape Shop9.0
Furniture Store8.9

Location

306 Main St Wakefield, MA 01880
County assessor Recorded deeds · 4 transfers 14 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
53 Albion, Wakefield, MA 01880-2801 $1,005,000 Sep 2024 3,852 SF
316 Main, Wakefield, MA 01880-5022 $390,000 Jul 2023 3,668 SF
19 Ctr, Wakefield, MA 01880-2404 $815,000 Mar 2022 4,212 SF
50 Albion, Wakefield, MA 01880-2803 $525,000 Jan 2020 3,341 SF
340-340A Main, Wakefield, MA 01880 $800,000 Nov 2019 3,719 SF
222 Salem, Wakefield, MA 01880-4977 $550,000 Feb 2019 3,316 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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