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    Property profile & analytics

    108 Elm St Waltham, MA 02453-5389

    • Showrooms
    • 8,722 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $1,295,000
    Last Sale
    Dec 20, 2021
    $1,400,000
    Location Intelligence
    Property ID
    US38-1306884
    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

    • East Coast Acoustical / Dry Wall Contractor

    Property Details for 108 Elm St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.34 lot acres
    Property size
    8,722 SF
    Property type
    Showrooms
    APN
    WALT M:060 B:032 L:0001
    APU
    WALTM060B032L0001

    Description

    This exceptional flex space at 108 Elm Street in Waltham, Massachusetts offers a prime opportunity for businesses seeking versatile industrial space. Located in Middlesex County, this property boasts a total of 8,447 square feet, with 6,200 square feet currently vacant and immediately available for lease. The space is divisible, offering a minimum of 2,309 square feet and a maximum contiguous space of 6,200 square feet, providing flexibility to accommodate various business needs and expansion plans. The property is classified as industrial with a flex subtype, making it suitable for a wide range of uses. Situated on a 0.34-acre lot, the property offers ample space for loading, unloading, and potential outdoor storage. The property's address is 108 Elm St, Waltham, MA 02453. Its convenient location within Middlesex County provides easy access to major transportation routes, enhancing logistical efficiency for businesses. This is a multi-tenant building, offering a collaborative environment. The available space presents a unique chance to secure a well-located, adaptable industrial property in a thriving Massachusetts market. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,390,000
      6.5%
      $1,360,000
      7%
      $1,260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,120,000
      Geo Method
      $1,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,295,000
      Retail
      $1,425,000
      Mixed-Use
      $1,255,000
      Hospitality
      $1,260,000
      Educational
      $1,305,000
      Residential Income
      $1,350,000
      Energy
      $1,180,000
      Income-Based Land
      $1,080,000
      Food Service
      $1,155,000

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2328
    Latitude
    42.3735
    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
    $32,792
    $404,700
    $1,178,700
    $1,583,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,430 SF

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    • Value Estimation
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      2,530 SF

      110 Felton St

      SHOW ROOM, WAREHOUSE • 2,530 SF
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    • Value Estimation
      $200,000
      1,600 SF

      34 Morton St

      SHOW ROOM, WAREHOUSE • 1,600 SF
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    • Value Estimation by Request
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      30 Elm St

      SHOW ROOM, WAREHOUSE • 8,356 SF
      30 Elm St, Waltham, MA 02453-5360
      View Details
    • Value Estimation by Request
      10,020 SF

      160 Newton St

      SHOW ROOM, WAREHOUSE • 10,020 SF
      160 Newton St, Waltham, MA 02453-8643
      View Details
    • Value Estimation
      $470,000
      1,758 SF

      26 Thayer Rd

      SHOW ROOM, WAREHOUSE • 1,758 SF
      26 Thayer Rd, Waltham, MA 02453-7020
      View Details

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    108 Elm St
    Waltham, MA 02453-5389
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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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