Property profile

15 Muzzey St Lexington, MA 02421

OFF-MARKET
Office buildings
Property ID
US38-0642777
3,281 SF 0.26 ac lot Built 1890
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Construction FRAME
Total area 3,281 SF
Lot 0.26 ac (11,537 SF)
Zoning code CB
APN LEXI M:0049 L:000068
UPID US38-0642777

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
  • Law Firm
  • Physician Medical Clinic
  • General Contractor Renovation Specialist
  • Physician
  • Consultant

Location

15 Muzzey St Lexington, MA 02421-5257
Lexington metro Census 358400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.71M
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.35M

Owner & transaction history

since 2012
2 recorded transactions
2012
$1.1M
1969
Price N/A

Zoning & alternative use

CB · Lexington, MA
Zoning description

tial uses permitted in an underlying zoning district. 3. (Reserved) 4. Developments in the VO or VLO District may contain nonresidential uses on the street floor and basement to the extent permitted in either the CRS or…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $925,000 +8.4%
Neighborhood: shopping center $910,000 +6.7%
Retail stores $885,000 +3.8%

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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