Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Office buildings
110 Mt Wayte Ave Framingham, MA 01702-5705
Entity Owned
27-yr Hold
Free & Clear
Property ID
US38-1089194
Property summary
AI-generated overview
This exceptional executive office suite, totaling 1,850 square feet, is ideally located in Middlesex County at 110 Mt. Wayte Ave. Currently, one suite is available for immediate occupancy. The space is perfect for a business seeking a professional and well-situated location. The asking rent is $25 per square foot, with a triple net (NNN) charge of $5.32 per square foot, in addition to utilities and trash removal. Utilities are separately metered for accurate cost tracking and efficient management. This prime location offers the benefit of proximity to established businesses, including the Massachusetts Juvenile Trial Court and a Fresenius Dialysis Center, ensuring high visibility and convenient access to essential services. The property is classified as an office building with multiple tenancies, providing a dynamic and collaborative environment. This is a fantastic opportunity for a business seeking a move-in ready, well-appointed space in a desirable location. Inquire today to schedule a viewing and secure this exceptional office suite. The space is ready for immediate occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
STEEL FRAME
Total area
28,340 SF
Lot
1.73 ac (75,228 SF)
Zoning code
M-1
APN
FRAM M:119 B:49 L:3792 U:000
UPID
US38-1089194
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Juvenile Court Prison
-
Fresenius Kidney Care Framingham Medical Clinic
-
Adolescent Consultation Services Social Service Agency Charitable Organization
-
Judiciary Courts Cmnwtlh of Ma Government
-
Siddharth Bhatt Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$2.90M
Owner & transaction history
Baron Prop INC · 27 yrs held
Baron Prop INC
since 1998
6 recorded transactions
Zoning & alternative use
M-1 · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$4.4M
+5.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,110,000
Current use
INDUSTRIAL (GENERAL)
$4,350,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$125,330
Tax year 2024
Assessed value
$4,932,300
Assessed 2024
Previous assessed
$4,932,300
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$202,300
Assessed improvement
$4,730,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
16
Total area
28,340 SF
Lot
1.73 ac (75,228 SF)
Zoning code
M-1
APN
FRAM M:119 B:49 L:3792 U:000
UPID
US38-1089194
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Framingham, MA
Zoning M-1 · permitted uses
M-1 · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.1M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
16
Lot
1.73 ac
Current owner
From public records · entity-resolved
Baron Prop INC
Entity
Free & Clear · 27 yrs held
Mailing address
855 WORCESTER RD, FRAMINGHAM, MA 01701-5258
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
Baron Properties INC
—
Deed
related
$1,662,162 · Berkshire Bank
Oct 30, 2012
—
Baron Props INC
—
Deed Of Trust
related
$6,500,000 · Commerce Bank & Trust
Oct 7, 1998
$15,000
Baron Prop INC
Framingham Town Of
Grant Deed
—
Aug 20, 1998
$17,000
Baron Prop INC
Fairbanks Communicatn
Grant Deed
—
Jul 29, 1998
—
Baron Properties INC
—
Deed Of Trust
related
$2,000,000 · Cambridgeport Savings Bank
Jan 9, 1990
—
Baron Properties INC
—
Deed Of Trust
related
$1,200,000 · Zwi Kohorn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 110 Mt Wayte Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
