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Property profile & analytics

315 University Ave Westwood, MA 02090

  • Office buildings
  • 29,760 SF
  • 2.62 lot acres
Value Estimation
$9,265,000
Last Sale
May 03, 2021
$7,500,000
Location Intelligence
Property ID
US38-0660969
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 315 University Ave

Year built
1981
Construction
STEEL FRAME
Lot size
2.62 lot acres
Property size
29,760 SF
Property type
Office buildings
APN
WWOO M:037 B:000 L:014
APU
WWOOM037B000L014

Description

This exceptional office space in Westwood, Massachusetts, offers a diverse range of solutions for businesses of all sizes. Located at 315 University Ave, in Norfolk County, this property provides flexible options to suit your specific needs. Choose from traditional private offices, fully furnished and equipped for individuals or large teams, scalable from one to over 100 desks. Customizable options are available, including serviced offices, disaster recovery spaces, and day offices, offering access as needed. For a more collaborative environment, coworking spaces are available, allowing you to reserve a dedicated desk or utilize a hot-desk option. The property also features a comprehensive suite of meeting rooms, adaptable for various uses, from informal chats to large-scale conferences. Need a prestigious business address without the overhead? Virtual office options are available, including mail handling and professional virtual assistant services, with varying levels of office access included. Finally, flexible working plans provide access to a global network of workspaces, offering unparalleled convenience and adaptability. This property is ideal for businesses seeking a modern, versatile, and strategically located workspace in Westwood, MA. The property type is classified as Traditional Office, Executive Office, Coworking, and Medical Office, making it suitable for a wide range of professional uses. The tenancy is multiple, indicating shared occupancy. While the total building square footage is not specified, the available office spaces range in size to accommodate various business needs.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $10,110,000
  • CAP approach

    CAP return
    Estimation
    6%
    $7,490,000
    6.5%
    $7,525,000
    7%
    $7,645,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $6,465,000
    Geo Method
    $7,810,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,785,000
    Retail
    $7,725,000
    Mixed-Use
    $7,745,000
    Hospitality
    $7,630,000
    Educational
    $6,110,000
    Residential Income
    $8,245,000
    Energy
    $8,260,000
    Income-Based Land
    $8,200,000
    Food Service
    $8,290,000

Location Insight

  • Map
  • Local Demand
City
Westwood
County
Norfolk
State
Massachusetts
Longitude
-71.1555
Latitude
42.201
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$190,653
$3,332,600
$4,392,400
$7,725,000
-
$0.00
$0.00
$0.00
More about this property
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