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    OFF-MARKET
    Commercial real estate

    125 Highland Ave, Somerville, MA 02143

    0.41 ac lot Built 1917
    Property ID
    US38-0806180
    Property summary
    AI-generated overview

    This exceptional redevelopment opportunity presents a unique chance to acquire 125 Highland Ave in Somerville, MA. The property boasts a substantial 17,960 square foot building situated on a sizable 0.41-acre lot (approximately 170 feet by 106 feet). Its strategic location offers unparalleled access to Boston, being just three miles from the city center. Furthermore, the property benefits from its proximity to public transportation, located within 0.4 miles of the completed Gilman Square Green Line extension stop and several MBTA bus routes. This provides convenient access to the entire Boston area. The property's value is further enhanced by its location less than a mile from Union Square, currently undergoing a major redevelopment project encompassing 2.4 million square feet of new transit-oriented development. With several million square feet of new mixed-use developments within a two-mile radius, the demand for revitalization in this area is high. This property is ideally suited for a variety of uses, including residential, commercial, and institutional developments. The significant size of the lot and building, combined with its prime location and excellent transportation links, make this a truly exceptional investment opportunity. Further details are available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1917
    Lot 0.41 ac (17,860 SF)
    UPID US38-0806180
    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
    • King Solomon's Lodge A.F. & A.M. Volunteer Organization Community Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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