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    Property profile & analytics

    10 Richardson Ave, Unit B Wakefield, MA 01880-2913

    • Office Properties & Spaces
    • 846 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $145,000
    Last Sale
    Jun 25, 2020
    $150,000
    Location Intelligence
    Property ID
    US38-1661405
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Laurie Hunt, Realtor North Star RE Agents / Real Estate Agent / Real Estate Consultant
    • North Star Realtors / Real Estate Agency
    • Dr. Daniel Witkowski / Obstetrician-Gynecologist
    • Dr. Frank Michaels / Podiatrist

    Property Details for 10 Richardson Ave

    Year built
    1900
    Construction
    FRAME
    Lot size
    1.00 lot acres
    Property size
    846 SF
    Zone code
    GR
    Property type
    Office Properties & Spaces
    APN
    WAKE M:000012 B:045B P:00218B
    APU
    WAKEM000012B045BP00218B

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $125,000

    • CAP approach

      CAP return
      Estimation
      6%
      $160,000
      6.5%
      $160,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $145,000
      Mixed-Use
      $195,000
      Hospitality
      $170,000
      Educational
      $165,000
      Residential Income
      $190,000
      Energy
      $175,000
      Income-Based Land
      $165,000
      Food Service
      $145,000

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0711
    Latitude
    42.5022
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,123
    $0.00
    $190,000
    $190,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8,000 SF

      15 Richardson Ave

      Office Properties & Spaces • 8,000 SF
      15 Richardson Ave, Wakefield, MA 01880
      View Details
    • Value Estimation by Request
      155,686 SF

      178 Albion St

      CONDOMINIUM OFFICES • 155,686 SF
      178 Albion St, Wakefield, MA 01880-3257
      View Details
    • Value Estimation
      $65,000
      327 SF

      382 Lowell St Ste 204b

      CONDOMINIUM OFFICES • 327 SF
      382 Lowell St Ste 204b, Wakefield, MA 01880-1985
      View Details
    • Value Estimation
      $240,000
      450 SF

      380 Lowell St Ste 101a

      CONDOMINIUM OFFICES • 450 SF
      380 Lowell St Ste 101a, Wakefield, MA 01880-1984
      View Details
    • Value Estimation
      $380,000
      4,572 SF

      333 Nn Ave Fl, Unit 2

      CONDOMINIUM OFFICES • 4,572 SF
      333 Nn Ave Fl, Wakefield, MA 01880-2321
      View Details
    • Value Estimation by Request
      2,000 SF

      209 Albion St

      Office Properties & Spaces • 2,000 SF
      209 Albion St, Wakefield, MA 01880
      View Details

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    Similar Nearby for Lease

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      Downtown Wakefield Office Space

      Prime Retail/Office, Single Tenant, 950 sq ft.
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    • $2,300 /Mo
      1,200 SF

      Downtown Wakefield Converted House Office

      Office space in downtown Wakefield, conveniently located near commuter rail.
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      3,660 SF

      Amenity-Rich Office Space Available

      Class A office campus with numerous amenities and natural surroundings.
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      Wakefield Office Space Available

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    • Contact for pricing
      29,424 SF

      Wakefield Office Space Available

      Office space featuring training, conference rooms, and private offices.
      100 Quannapowitt Pkwy, Wakefield, MA 01880
      View Details
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    10 Richardson Ave, Unit B
    Wakefield, MA 01880-2913
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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