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Financial
Distress signals
Property profile

1 Nablus Rd Wakefield, MA 01880

FOR LEASE
Other warehouses
Property ID
US38-0312826
12,254 SF 2 ac lot Built 1997
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An industrial warehouse property totaling approximately 13,763 square feet, including nearly 4,000 square feet of office and common areas. The space is configured for industrial uses such as manufacturing, warehousing, and distribution, with high clear ceilings of at least 20'5" and an open, functional layout. Loading accommodations include a loading dock/bay plus additional overhead garage doors (three). The building is supported by industrial-grade electrical service including 480V at 800…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$1.08M
Assessed land$423k
Assessed improvement$657k
Effective rate2.17%

Value estimate

· Oct 2026
$1.18M
$1.06M – $1.30M
Submarket $/SF estimate$1.54M
NOI build-up
Gross scheduled income$225k
Vacancy & credit loss−$12k
Operating expenses−$32k
NOI · 1,130,175.00% cap applied$181k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$145/SF
County average, outlier-cleaned · 139 recorded sales of this use type
Observed band · Q1–Q3$64 – $225
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,130,175.00%
$181k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI
District is similar to the Industrial District but requires a special permit for certain specified uses and requires a larger minimum lot...
General categoryINDUSTRIAL
JurisdictionWAKEFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.9
Smoke and Vape Shop9.1
Parking Facility9.0

Location

1 Nablus Rd Wakefield, MA 01880
County assessor Recorded deeds · 3 transfers 5 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
486 Main, Wakefield, MA 01880-3320 $1,700,000 Oct 2024 8,740 SF
474 Main, Wakefield, MA 01880-3320 $1,400,000 Aug 2024 19,474 SF
23 New Salem, Wakefield, MA 01880-1905 $1,400,000 Jul 2024 7,000 SF
12 Teal, Wakefield, MA 01880-1208 $1,200,000 Sep 2023 8,712 SF
4 Railroad, Wakefield, MA 01880-3240 $1,450,000 Apr 2023 15,600 SF
116 Foundry, Wakefield, MA 01880-2493 $405,000 Sep 2021 10,943 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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