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Financial
Distress signals
Property profile

486 Main St Wakefield, MA 01880

OFF-MARKET
Industrial properties
Property ID
US38-0889362
8,740 SF 0.25 ac lot Built 1900
Last sale Oct 2024 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2020

What does the county charge?
$15k
Tax billed · 2020
Assessed value · 2024$727k
Assessed land$321k
Assessed improvement$405k
Effective rate2.02%

Value estimate

· Oct 2026
$1.70M
$1.53M – $1.87M
AI approach$1.70M
CAP approach$1.43M
Submarket $/SF estimate$1.25M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 345 recorded sales of this use type
Observed band · Q1–Q3$86 – $254
Qualifying comparables6

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

486 Main St Wakefield, MA 01880-3320
County assessor Recorded deeds · 1 transfer 6 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23 New Salem, Wakefield, MA 01880-1905 $1,400,000 Jul 2024 7,000 SF
12 Teal, Wakefield, MA 01880-1208 $1,200,000 Sep 2023 8,712 SF
3 Teal, Wakefield, MA 01880-1223 $898,000 Dec 2021 5,000 SF
103rd Foundry, Wakefield, MA 01880-3233 $600,000 Nov 2021 5,638 SF
116 Foundry, Wakefield, MA 01880-2493 $405,000 Sep 2021 10,943 SF
410 Lowell, Wakefield, MA 01880-1978 $295,000 Feb 2021 5,252 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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