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Financial
Distress signals
Property profile

1 Wesley St Malden, MA 02148

OFF-MARKET
Warehouses
Property ID
US38-1417890
101,803 SF 1.21 ac lot Built 1925
Last sale Sep 2013 · $3,397,875
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 1 Wesley St in Malden, MA 02148, offers a prime opportunity for businesses seeking flexible warehouse or distribution space. The property boasts a total of 101,803 square feet, with 25,095 square feet currently available for lease. The building features a desirable 25-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by three convenient loading docks and one drive-in door. The expansive…

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$46k
Tax billed · 2024
Assessed value$2.52M
Assessed land$900k
Assessed improvement$1.62M
Effective rate1.82%

Value estimate

· Oct 2026
$10.22M
$9.20M – $11.24M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
JurisdictionMALDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency57.8
Law Firm47.5
Restaurant39.3

Location

1 Wesley St Malden, MA 02148-6219
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
197 Commercial, Malden, MA 02148-6708 $15,400,000 Dec 2024 31,059 SF
129 Commercial, Malden, MA 02148-6706 $21,000,000 Feb 2023 45,920 SF
180 Charles, Malden, MA 02148 $24,450,000 Nov 2022 61,177 SF
950 Eastern, Malden, MA 02148-6032 $3,150,000 Mar 2022 81,699 SF
60 Winter, Malden, MA 02148-1426 $14,100,000 Aug 2021 48,351 SF
490 Eastern, Malden, MA 02148-4202 $26,000,000 Feb 2020 125,388 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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