Financial
Distress signals
Property profile

16 Prescott St Wellesley Hills, MA 02481

FOR LEASE
Office buildings
Property ID
US38-0757256
0.2 ac lot
Last sale Nov 2023 · $1,250,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Wellesley, MA property at 16 Prescott Street offers a variety of office spaces for lease. The building, totaling 5,000 square feet, is a three-story structure featuring both traditional and executive office suites, as well as creative office options. Currently, two suites are available, ranging in size from 700 to 800 square feet, perfect for businesses seeking flexible and adaptable workspaces. The building's prime location in Wellesley offers unparalleled convenience,

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$1.24M
Assessed improvement$1.24M
Effective rate1.04%

Value estimate

· Sep 2026
$1.33M
$1.20M – $1.46M
AI approach$1.33M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 351 recorded sales of this use type
Observed band · Q1–Q3$160 – $452

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWELLESLEY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.9
Auto Parts Store9.4
Plumbing Service9.3

Location

16 Prescott St Wellesley Hills, MA 02481
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16 Laurel, Wellesley, MA 02481-7530 $14,225,000 Jun 2025 N/A
83 Walnut, Wellesley, MA 02481-2139 $1,550,000 Nov 2024 N/A
65 Walnut, Wellesley, MA 02481-2118 $24,300,000 Jun 2024 N/A
326 Washington, Wellesley, MA 02481-4957 $11,400,000 Nov 2023 N/A
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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