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    100 Cres Rd Needham, MA 02494-1443
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    Property profile & analytics

    100 Cres Rd, Needham, MA 02494-1443

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    • Office buildings
    • 18,546 SF
    • 0.93 lot acres
    Off-Market
    Property ID
    US38-2215673
    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.

    Value Estimations
    $6,080,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • UroCareLive / Association Or Organization
    • Irwin Container / Big Box & Wholesale Store
    • Architects For Learning / Training Center / Tutoring Service
    • Platformq LLC / Construction Company / General Contractor
    • Rare University / Medical School

    Property Details for 100 Cres Rd

    Year built
    1984
    Lot size
    0.93 lot acres
    Zone code
    I
    Property type
    Office buildings
    APN
    NEED M:099.0 B:0088 L:0000.0
    APU
    NEEDM0990B0088L00000

    Description

    This exceptional 1,200 square foot office space is situated on the second floor of a well-maintained, Class B office building at 100 Crescent Road in Needham Heights. The building, constructed in 1983, offers a total of 18,750 square feet across five suites, with this particular space featuring two large, bright perimeter offices, an open workspace, and a dedicated lunch area. The space benefits from abundant natural light. The property includes 55 parking spaces, a significant advantage in this location. The zoning is designated as Office/Industrial. The building is conveniently located within walking distance of the Needham Heights commuter rail station, providing easy access to public transportation. Nearby amenities include Trader Joe's, Starbucks, and Blue on Highland. Interstate 95 and Route 128 are also just minutes away. The building boasts on-site management and features a 9-foot ceiling height. A long-term tenant is downsizing within the building, creating this immediate opportunity. The minimum divisible space is 1,200 square feet, and the property sits on one acre of land.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,235,000
      6.5%
      $6,680,000
      7%
      $6,200,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,009,000
      Market price range: $5.09M - $14.5M
      AI Estimate
      $4,555,000
      Market price range: $1.02M - $9.56M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $9,320,000
      Current use
      RESTAURANT
      $7,960,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2384
    Latitude
    42.2957
    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
    $56,098
    $435,300
    $1,847,900
    $2,283,200
    -
    $0.00
    $0.00
    $0.00
    More about this property
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