Property profile

1 Melvin St 2C Wakefield, MA 01880

OFF-MARKET
Industrial properties
Property ID
US38-0960735
2,298 SF Built 1987
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1987
Construction STEEL FRAME
Total area 2,298 SF
Zoning code I
APN WAKE M:000017 B:0018 P:19252C
UPID US38-0960735

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist
  • Auto Repair Shop
  • Plumbing Service General Contractor
  • Construction Company General Contractor
  • Law Firm

Location

1 Melvin St, Unit 2C Wakefield, MA 01880-2577
Wakefield metro Census 335302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

I · Wakefield, MA
Zoning description

I. Accessory industrial retail. The finished products of an industrial establishment may be sold in the enclosed premises at retail, provided that: (1) The floor area devoted to such retail does not exceed 10% of the tot…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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