Property profile

1003 Massachusetts Ave Cambridge, MA 02138

OFF-MARKET
Retail space
Property ID
US38-0753185
40,316 SF 0.55 ac lot Built 1960
Individually Owned 32-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction BRICK
Total area 40,316 SF
Lot 0.55 ac (23,875 SF)
Zoning code BB-2
APN CAMB M:00116 L:00012
UPID US38-0753185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1003 Massachusetts Ave Cambridge, MA 02138
Cambridge metro Census 353800 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.50M

Owner & transaction history

since 1993
6 recorded transactions
2001
Price N/A
1993
$3.7M
1991
Price N/A
1990
Price N/A
1989
Price N/A
1988
Price N/A

Zoning & alternative use

BB-2 · Cambridge, MA
Zoning description

The purpose of the BB-2 district is to promote general business, business and professional offices and multifamily dwellings

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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