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    Property profile & analytics

    1298 Massachusetts Ave Arlington, MA 02476-4125

    • Retail space
    • 7,619 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $1,585,000
    Last Sale
    Sep 10, 2021
    $1,500,000
    Location Intelligence
    Property ID
    US38-1369397
    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.

    Current Use by Public Records

    • Wildlife Removal Middlesex County / Animal Control Service / Service Establishment
    • Shattuck Heights Ace Hardware / Electrical Supply Store / Garden Center
    • Shattuck Heights Hardware / Hardware Store / Home Improvement Store
    • Resharp / Sharpening Service

    Property Details for 1298 Massachusetts Ave

    Year built
    1953
    Construction
    STEEL FRAME
    Lot size
    0.12 lot acres
    Property size
    7,619 SF
    Zone code
    B3
    Property type
    Retail space
    APN
    ARLI M:170.0 B:0003 L:0005
    APU
    ARLIM1700B0003L0005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,675,000
      6.5%
      $1,535,000
      7%
      $1,405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,505,000
      Geo Method
      $1,520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,250,000
      Retail
      $1,495,000
      Mixed-Use
      $1,455,000
      Hospitality
      $1,360,000
      Educational
      $1,675,000
      Residential Income
      $1,460,000
      Energy
      $1,310,000
      Income-Based Land
      $1,420,000
      Food Service
      $1,710,000

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1815
    Latitude
    42.424
    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
    $14,601
    $797,600
    $581,200
    $1,378,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,320 SF

      895 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,320 SF
      895 Massachusetts Ave, Arlington, MA 02476
      View Details
    • Value Estimation by Request
      3,000 SF

      1370-1372 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      1370-1372 Massachusetts Ave, Arlington, MA 02476
      View Details
    • Value Estimation by Request
      1,380 SF

      1267th Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,380 SF
      1267th Massachusetts Ave, Arlington, MA 02476-4109
      View Details
    • Value Estimation by Request
      3,114 SF

      1071 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,114 SF
      1071 Massachusetts Ave, Arlington, MA 02476-4310
      View Details
    • Value Estimation by Request
      12,128 SF

      1036 Massachusetts Ave, Unit 1062

      RETAIL STORES (PERSONAL SERVICES) • 12,128 SF
      1036 Massachusetts Ave, Arlington, MA 02476-4315
      View Details
    • Value Estimation by Request
      2,700 SF

      918-920 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      918-920 Massachusetts Ave, Arlington, MA 02476
      View Details

    Similar Nearby for Sale

    • $1,599,900

      Arlington Mixed-Use Investment Opportunity

      Mixed-use property with retail, office, and residential units for sale.
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      Versatile Commercial Property in Arlington

      Rare opportunity: mixed-use property with industrial zoning and multiple structures.
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      Arlington Multifamily Investment Opportunity

      Four-unit multifamily property near Mass Ave and Arlington Reservoir Beach.
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      Arlington Heights Four-Family Home

      Well-maintained, updated four-family home near Minuteman Bike Path.
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      Two-for-one opportunity: condo with detached ADU in Arlington Heights.
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    Similar Nearby for Lease

    • Contact for pricing
      1,025 SF

      Arlington Retail Space Available

      Retail spaces available in iconic Arlington corner location.
      626 Massachusetts Ave, Arlington, MA 02476
      View Details
    • $48 SF/Yr
      1,200 SF

      Renovated Commercial Space on Massachusetts Ave

      Prime Arlington location, renovated space, ideal for various ventures.
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    • $38 SF/Yr
      2,015 SF

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      Retail-office space in a high-traffic Arlington Center location.
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      View Details
    • $45 SF/Yr
      3,800 SF

      Arlington Retail/Office Space For Rent

      Street-level office/retail space with prime location and modern finishes.
      633-641 Massachusetts Ave, Arlington, MA 02476
      View Details
    • $38 SF/Yr
      1,732 SF

      Retail Space in Mixed-Use Development

      Retail space in Arlington's premier mixed-use development, completion in 2025.
      1025 Massachusetts Ave, Arlington, MA 02476
      View Details
    • $31,920
      800 SF

      Arlington Office Space: Prime Location

      800 sq ft, move-in ready office, Arlington, MA
      925 Massachusetts Ave, Arlington, MA 02476
      View Details

    Property Visit Statistics

    • Visits by month
      16.0k
    • Visitors by month
      10.0k
    • Avg Time on site
      17 min
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    1298 Massachusetts Ave
    Arlington, MA 02476-4125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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