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Financial
Distress signals
Property profile

100 Cres Rd Needham, MA 02494

OFF-MARKET
Office buildings
Property ID
US38-2215673
18,546 SF 0.93 ac lot Built 1984
Last sale Apr 2015 · $2,855,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 1,950-square-foot first-floor office unit built in 1985, designated for Office zoning. The interior layout includes bright perimeter offices with substantial window exposure, an open work area, a conference room, and access to a loading dock. The property is located in an established commercial setting with on-site management and ample parking. It is within walking distance of the Needham Heights commuter rail station and nearby retail amenities, with regional highway access provided via Interstate 95 and Route 128.

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?
$56k
Tax billed · 2024
Assessed value$2.28M
Assessed land$435k
Assessed improvement$1.85M
Effective rate2.46%

Value estimate

· Oct 2026
$6.08M
$5.47M – $6.69M
CAP approach$6.68M
Submarket $/SF estimate$7.01M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$503/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$275 – $781
Qualifying comparables6

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?
I
The purpose of this district I is to promote Institutional uses.
General categoryCIVIC_INSTITUTIONAL
JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon14.7
Nail Salon11.6
Parking Facility10.8

Location

100 Cres Rd Needham, MA 02494-1443
County assessor Recorded deeds · not on file 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
130 A, Needham, MA 02494 $10,550,299 Oct 2024 39,600 SF
19 Crawford, Needham, MA 02494-2618 $10,800,000 Oct 2023 41,840 SF
87 Cres, Needham, MA 02494-1437 $2,550,000 Oct 2023 8,080 SF
35 Highland, Needham, MA 02494-3099 $5,500,000 Jul 2022 28,800 SF
124 Cres, Needham, MA 02494-1442 $3,100,000 Jan 2020 13,600 SF
31 Fremont, Needham, MA 02494-2909 $720,000 Jun 2019 7,126 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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