Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Main St Ste, Unit 208 Medford, MA 02155-4530

    • Office Properties & Spaces
    • 2,975 SF
    OFF-MARKET
    Last Sale
    Oct 03, 2024
    $1,160,250
    Value Estimations
    $1,230,000
    Show details
    Cap Rate Potential
    8.7%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US38-0333858
    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

    • Office Properties & Spaces

    Property Details for 101 Main St Ste

    Year built
    1989
    Property size
    2,975 SF
    Property type
    Office Properties & Spaces
    APN
    MEDF M:N-08 B:5211
    APU
    MEDFMN08B5211

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,160,000
      ML approach
      $1,160,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,560,000
      6.5%
      $1,440,000
      7%
      $1,335,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $835,000
      NEIGHBORHOOD: SHOPPING CENTER
      $825,000
      RETAIL STORES
      $800,000
      COMMERCIAL (GENERAL)
      $735,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1112
    Latitude
    42.4161
    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
    $16,120
    $0.00
    $982,300
    $982,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      84 High St, Unit G19

      CONDOMINIUM OFFICES
      84 High St, Medford, MA 02155-1250
      View Details
    • Value Estimation
      $250,000
      4,306 SF

      101 Main St Ste, Unit 102

      CONDOMINIUM OFFICES • 4,306 SF
      101 Main St Ste, Medford, MA 02155-4530
      View Details
    • Value Estimation
      $125,000
      507 SF

      92 High St Ste Dh31

      CONDOMINIUM OFFICES • 507 SF
      92 High St Ste Dh31, Medford, MA 02155-3843
      View Details
    • Value Estimation
      $290,000
      738 SF

      84 High St, Unit G6

      CONDOMINIUM OFFICES • 738 SF
      84 High St, Medford, MA 02155-1250
      View Details
    • Value Estimation
      $230,000
      808 SF

      84 High St, Unit G1

      CONDOMINIUM OFFICES • 808 SF
      84 High St, Medford, MA 02155-1250
      View Details
    • Value Estimation
      $255,000
      1,360 SF

      80 High St Ste, Unit 1

      CONDOMINIUM OFFICES • 1,360 SF
      80 High St Ste, Medford, MA 02155-3873
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,008 SF

      Medical Office Condo Near Medford

      1,008 SF medical office condo near Medford Square.
      101 Main St, Medford, MA 02155
      View Details
    • Contact for pricing
      308 SF

      Class A Office Building Medford

      Four-story office building with recent amenity upgrades.
      1 Cabot Rd, Medford, MA 02155
      View Details
    • $499,999
      1,487 SF

      Medford Square Professional Office Condo

      Professional office condo in Medford Square with deeded parking.
      92 High St, Medford, MA 02155
      View Details
    • $369,000
      0.22 Acres

      Medford Land For Sale

      Residential building lot available near major routes and recreation.
      Gordon Rd, Medford, MA 02155
      View Details
    • $995,000

      Classic Two-Family in West Medford

      Two-family home with income potential in a prime location.
      40 Century St, Medford, MA 02155
      View Details
    • $860,000

      Medford Two-Family with Commuter Access

      Classic Medford two-family with commuter access and rental income potential.
      55 Surrey St, Medford, MA 02155
      View Details

    Similar Nearby for Lease

    • $1,750 /Mo

      Loft Office Space in Medford

      Loft office space in the heart of Medford Square.
      92 High St, Medford, MA 02155
      View Details
    • Contact for pricing
      2,500 SF

      Office Space in Medford, MA

      Office space available for rent in Medford, Massachusetts.
      20 Cabot Rd, Medford, MA 02155
      View Details
    • Contact for pricing

      Medford Office Building for Rent

      Three-story red brick office building in Wellington Business Park.
      10 Cabot Rd, Medford, MA 02155
      View Details
    • Contact for pricing

      Office Sublet Near Wellington Station

      2,788 SF office sublet with on-site MBTA access.
      50 Station Lndg, Medford, MA 02155
      View Details
    • $4,800 /Mo

      Medford Office Space For Rent

      Well-kept 2800 SF office space available on Main Street.
      153 Main St, Medford, MA 02155
      View Details
    • $1,700 /Mo
      500 SF

      Medford Square Office Space Available

      Spacious, sunny 500 sq ft office in Medford Square.
      11 Salem St, Medford, MA 02155
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Main St Ste, Unit 208
    Medford, MA 02155-4530
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.