Financial
Distress signals
Property profile

115 4th Ave Needham, MA 02494

OFF-MARKET
Office buildings
Property ID
US38-1609723
78,970 SF 3.61 ac lot
Last sale Dec 2021 · $26,125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2024

What does the county charge?
$288k
Tax billed · 2024
Assessed value$11.70M
Assessed land$5.68M
Assessed improvement$6.02M
Effective rate2.46%

Value estimate

· Sep 2026
$26.01M
$23.41M – $28.61M
CAP approach$28.44M
Sales comparison$35.93M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$503/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$275 – $781
Qualifying comparables3

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?
I
The purpose of this district I is to promote Institutional uses.
General categoryCIVIC_INSTITUTIONAL
JurisdictionNEEDHAM

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
Restaurant24.3
Pharmacy17.9
Spa & Massage14.5

Location

115 4th Ave Needham, MA 02494-2725
County assessor Recorded deeds · 5 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
130 A, Needham, MA 02494 $10,550,299 Oct 2024 39,600 SF
63 Kendrick, Needham, MA 02494-2760 $13,500,000 Aug 2024 118,238 SF
19 Crawford, Needham, MA 02494-2618 $10,800,000 Oct 2023 41,840 SF
35 Highland, Needham, MA 02494-3099 $5,500,000 Jul 2022 28,800 SF
254 2nd, Needham, MA 02494-2829 $30,650,000 Jun 2022 87,161 SF
75 2nd, Needham, MA 02494-2820 $22,953,195 Jun 2022 206,846 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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