Property profile

12 Teal Rd Wakefield, MA 01880

OFF-MARKET
Life science properties
Property ID
US38-0609546
8,712 SF 0.66 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1965
Construction STEEL FRAME
Total area 8,712 SF
Lot 0.66 ac (28,828 SF)
Zoning code I
APN WAKE M:00036W B:0009 P:000015
UPID US38-0609546

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Security Service General Contractor
  • Telecommunications Service
  • Electronics & Wireless Store

Location

12 Teal Rd Wakefield, MA 01880-1208
Wakefield metro Census 335302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2023
Last sale
$1.2M
7 recorded transactions
2023
$1.2M
2018
Price N/A
2016
Price N/A
2015
$936,600
2013
$900,000
2010
Price N/A
2007
$900,000

Zoning & alternative use

I · Wakefield, MA
Zoning description

I. Accessory industrial retail. The finished products of an industrial establishment may be sold in the enclosed premises at retail, provided that: (1) The floor area devoted to such retail does not exceed 10% of the tot…

General category INDUSTRIAL

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
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 12 Teal Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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