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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Super regional malls

1395 Main St Randolph, MA 02368-1768

25,203 SF 1.62 ac lot Built 1956
Entity Owned 26-yr Hold ~ Est. High Equity
Property ID
US38-0558826
Property summary
AI-generated overview

Gateway Plaza, located at 1395 N Main St in Randolph, MA (zip code 02368), presents a prime retail space totaling 2,450 square feet. This single-suite property is situated at a signalized intersection, offering exceptional visibility and accessibility. The location boasts direct access to I-93 and prominent placement on Route 28 (N Main Street), ensuring high traffic volume and exposure to a substantial customer base. The property is ideal for a variety of retail uses, including but not limited to restaurants, service businesses, or office space. The space is currently vacant and ready for immediate occupancy. Strong co-tenancy adds to the property's appeal, with established businesses such as Dunkin', La Novita Salon and Spa, Aqua Dental, HMS, and Bank of America nearby. This presents a unique opportunity to establish a business in a thriving commercial area with excellent visibility and convenient access to major transportation routes. The minimum divisible space is 2,450 square feet, and the maximum contiguous space available is also 2,450 square feet.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1956
Construction STEEL FRAME
Total area 25,203 SF
Lot 1.62 ac (70,567 SF)
Zoning code BHRD
APN RAND M:02 B:D L:00808
UPID US38-0558826
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
  • Regional Home Care Home Health Care Service
  • The Loft @ La Novita Salon Hair Salon
  • Aqua Dental Dental Office
  • Gateway Plaza Dental Office
  • Bank of America ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.10M
Owner & transaction history
501 Inv Ptnrs LLC · 26 yrs held
501 Inv Ptnrs LLC
since 1999
5 recorded transactions
2025
Price N/A
2005
Price N/A
2001
Price N/A
1999
$2.9M
1988
Price N/A
Zoning & alternative use
BHRD · Randolph, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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