115 4th Ave Needham, MA 02494-2725
Property profile & analytics
115 4th Ave, Needham, MA 02494-2725
- Office buildings
- 78,970 SF
- 3.61 lot acres
Property ID
US38-1609723
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.
Location Intelligence
Current Use by Public Records
- Partners Community Healthcare / Insurance Agency
- FareHarbor / (Bike/Boat/Book/etc) Store / Corporate Office
- Syniti / (Bike/Boat/Book/etc) Store / Corporate Office
- Dr. Michael T. Myers Jr, MD / Physician
- Affiliated Pediatric Practices / Pediatrician / Medical Clinic
Property Details for 115 4th Ave
- Lot size
- 3.61 lot acres
- Zone code
- I
- Property type
- Office buildings
- APN
- NEED M:300.0 B:0007 L:0000.0
- APU
- NEEDM3000B0007L00000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 31, 2021 | $26,125,000 | 115-119 Fourth Avenue LLC | Div Needham 115 LLC | Quit Claim Arm's Length For Ne States | $28.5M · Citizens Bank |
| Nov 30, 2005 | — | Div Needham 115 LLC | — | Deed Of Trust · related | $14.5M · American General LLC |
| Jul 22, 1998 | — | Div Needham 115 LLC | — | Deed Of Trust · related | $7.3M · Citicorp USA Corp |
| Jan 22, 1998 | — | RT 4th | — | Deed Of Trust · related | $11.6M · Fleet National Bank |
| Nov 16, 1988 | — | Damon Corp | — | Deed Of Trust · related | $7.5M · Zuckerman Family Nomi |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $35,220,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $30,805,000
- 6.5%
- $28,435,000
- 7%
- $26,405,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $35,930,000
- AI Estimate
- $23,352,000
Market price range: $21.7M - $61.7MMarket price range: $4.33M - $40.7M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $39,690,000 Current use
- RESTAURANT
- $33,895,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Needham
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.2125
- Latitude
- 42.2987
- 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
$287,545
$5,678,300
$6,024,800
$11,703,100
-
$0.00
$0.00
$0.00