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Property profile & analytics
FOR LEASE
Office buildings
1 Hollis St, Wellesley, MA 02482
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0842183
For Lease
1 / 2
$10,905,000
1 Hollis St, Wellesley, MA 02482
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
1.52 ac (66,213 SF)
APN
WELL M:123 R:058 S:
UPID
US38-0842183
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
FedEx Drop Box Postal Service Courier Service
-
Housetopia Architect
-
Amelia Peabody Foundation Charitable Organization
-
JULIANI LABADINI PROPERTIES, LLC Real Estate Agency
-
Cheri Barad Education Consultant Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.91M
Owner & transaction history
Tp One Hollis LLC · 3 yrs held
Tp One Hollis LLC
since 2022
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wellesley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellesley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,930,000
ML approach
$9,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.91M
Range $9.81M – $12.00M · ±10% · vs last sale $10.95M (Aug 31 2022)
Last sale anchor
$10.95M
Aug 31 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$104,454
Tax year 2024
Assessed value
$10,034,000
Assessed 2024
Previous assessed
$11,000,000
-8.8% YoY
Effective rate
1.04%
On assessed value
Assessed improvement
$10,034,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Heating
NONE
Lot
1.52 ac (66,213 SF)
APN
WELL M:123 R:058 S:
UPID
US38-0842183
Jurisdiction
WELLESLEY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.52 ac
Current owner
From public records · entity-resolved
Tp One Hollis LLC
Entity
Mailing address
1101 WORCESTER RD STE, FRAMINGHAM, MA 01701-5249
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$10,950,000
Tp One Hollis LLC
1 Hollis Street LLC
Quit Claim Arm's Length For Ne States
$5,500,000 · Cambridge Savings Bank
May 21, 2020
—
One Hollis Street LLC
—
Deed
related
$6,750,000 · Brookline Bank
Nov 12, 2013
—
1 Hollis Street LLC
—
Deed Of Trust
related
$1,200,000 · Brookline Savings Bank
Oct 17, 2008
—
One Hollis Street LLC
—
Deed Of Trust
related
$5,000,000 · Brookline Savings Bank
Apr 22, 1999
—
Hollis St LLC
—
Deed Of Trust
related
$4,400,000 · Chase Manhattan Bank
Mar 6, 1995
—
One Hollis RT
—
Deed Of Trust
related
$400,000 · Wellesley Cp Bank
Jun 7, 1993
—
One Hollis St. RT
—
Deed Of Trust
related
$148,500 · Us Trust Co
May 11, 1988
—
One Hollis RT
—
Deed Of Trust
related
$2,700,000 · Boston Mutual Life Insurance
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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