Property profile

1 Pleasure Is Rd Wakefield, MA 01880

OFF-MARKET
Office buildings
Property ID
US38-0789955
14,931 SF 0.78 ac lot Built 1983
Entity Owned 30-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction STEEL FRAME
Total area 14,931 SF
Lot 0.78 ac (34,182 SF)
Zoning code B
APN WAKE M:000041 B:0026 P:00025A
UPID US38-0789955

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
  • Food Broker
  • Accounting Firm Tax Preparation
  • Consultant
  • Accounting Firm Tax Preparation
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

1 Pleasure Is Rd Wakefield, MA 01880-1270
Wakefield metro Census 335302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.24M
Blend (final) Blend
$1.60M

Owner & transaction history

since 1995
5 recorded transactions
1995
$875,000
1995
Price N/A
1994
$2.0M
1992
Price N/A
1989
$1.9M

Zoning & alternative use

B · Wakefield, MA
Zoning description

b) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…

General category COMMERCIAL

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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