Property profile

1241-1245 Massachusetts Ave Arlington, MA 02476

OFF-MARKET
Investment properties
Property ID
US38-0860965
7,078 SF 0.17 ac lot Built 1989
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1989
Construction FRAME
Total area 7,078 SF
Lot 0.17 ac (7,545 SF)
Zoning code B2
APN ARLI M:165.0 B:0006 L:0003
UPID US38-0860965

Cap rate & NOI

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

Location

1241-1245 Massachusetts Ave Arlington, MA 02476
Arlington metro Census 356602 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.15M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

B2 · Arlington, MA
Zoning description

The Neighborhood Business District is intended for small retail and service establishments serving the needs of adjacent neighborhoods and oriented to pedestrian traffic, and mixed use buildings

General category MIXED_USE
Top alternative use upside
Retail stores $1.9M +4.3%

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
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