Property profile

150 Wls Ave Newton, MA 02459

OFF-MARKET
Office buildings
Property ID
US38-0743941
10,377 SF 1 ac lot Built 1972
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,377 SF
Lot 1 ac (43,560 SF)
Zoning code LMD
APN NEWT S:84 B:034A L:0005
UPID US38-0743941

Cap rate & NOI

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

Location

150 Wls Ave Newton, MA 02459-3302
Newton metro Census 374000 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
$3.79M
Blend (final) Blend
$2.88M

Owner & transaction history

since 2015
7 recorded transactions
2015
$3.1M
2013
Price N/A
2003
Price N/A
2001
$1.7M
1998
$1.3M
1991
$700,000
1989
Price N/A

Zoning & alternative use

LMD · Newton, MA
Zoning description

The intent of the zone to promote light manufacturing uses

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $4.4M +37.9%

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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