Financial
Distress signals
Property profile

72 Leonard St Belmont, MA 02478

FOR LEASE
Banks
Property ID
US38-0744622
0.23 ac lot
Last sale Jun 2023 · $2,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
72 Leonard St, Belmont, MA 02478 For Lease
$1,925,000 2,500 SF available
72 Leonard St, Belmont, MA 02478
View Listing

Property summary

AI-generated overview

This exceptional retail opportunity in Belmont, Massachusetts, presents a unique chance to establish a presence in a high-income market. Located at 72 Leonard Street, this freestanding property boasts approximately 2,500 square feet of ground-level space, complemented by a full basement. A key advantage is its exclusive drive-thru capability, a rare feature in downtown Belmont. The property also includes a private parking lot, enhancing customer convenience. The surrounding area demonstrates

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?
$20k
Tax billed · 2024
Assessed value$1.92M
Assessed land$1.58M
Assessed improvement$343k
Effective rate1.06%

Value estimate

· Sep 2026
$1.93M
$1.73M – $2.12M
AI approach$1.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$516/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$274 – $809

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?
LB1
JurisdictionBELMONT

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant15.1
Law Firm14.9
Auto Parts Store13.3

Location

72 Leonard St Belmont, MA 02478
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
118 Concord, Belmont, MA 02478-4034 $1,350,000 Feb 2026 3,050 SF
60-62 Leonard, Belmont, MA 02478 $3,000,000 Dec 2024 N/A
28 Trapelo, Belmont, MA 02478-4445 $2,000,000 Nov 2024 3,920 SF
488 Trapelo, Belmont, MA 02478-1422 $2,320,000 Apr 2022 6,339 SF
244-248 Trapelo, Belmont, MA 02478 $750,000 Oct 2020 1,949 SF
687 Belmont, Belmont, MA 02478-4401 $165,000 Feb 2020 1,950 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?”
More about this property
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