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Property profile & analytics
FOR LEASE
Office buildings
152 Grove St Waltham, MA 02453
Individually Owned
3-yr Hold
Free & Clear
Property ID
US38-0527823
For Lease
1 / 2
Contact for pricing
152 Grove St, Waltham, MA 02453
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1941
Construction
STEEL FRAME
Total area
125,825 SF
Lot
8.28 ac (360,851 SF)
APN
WALT M:062 B:030 L:0009
UPID
US38-0527823
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
-
International Brotherhood of Electrical Workers Advocacy Group
-
Abcam Corporate Office
-
THE GAUGE Real Estate Agency
-
Panasonic Massachusetts Laboratory Research And Product Development Laboratory
-
Meta Logic Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Waltham Ctrpoint I Inv Gr · 3 yrs held
Waltham Ctrpoint I Inv Gr
since 2023
Last sale
$578.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waltham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waltham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,205,150
Tax year 2024
Assessed value
$58,191,700
Assessed 2024
Previous assessed
$58,191,700
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$7,731,700
Assessed improvement
$50,460,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1941
Construction
STEEL FRAME
Heating
STEAM
Buildings
1
Stories
1
Units
1
Bathrooms
7
Total area
125,825 SF
Lot
8.28 ac (360,851 SF)
APN
WALT M:062 B:030 L:0009
UPID
US38-0527823
Jurisdiction
WALTHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1941
Construction
STEEL FRAME
Heating
STEAM
Stories
1
Buildings
1
Units
1
Bathrooms
7
Lot
8.28 ac
Current owner
From public records · entity-resolved
Waltham Ctrpoint I Inv Gr
Individual
Free & Clear · 3 yrs held
Mailing address
152 GRV ST, WALTHAM, MA 02453-8325
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2023
$578,000,000
Waltham Ctrpoint I Inv Gr
Zinc I Propco 2020 LLC
Quit Claim Arm's Length For Ne States
—
Dec 21, 2020
$100,000,000
Zinc 1 Propco 2020 LLC
Hre Grove Street LLC
Quit Claim Arm's Length For Ne States
$195,134,553 · Wells Fargo Bank NA
Jul 27, 2017
—
Hre Grove Street LLC
—
Deed
related
$21,700,000 · Cambridge Svgs Bk
Dec 19, 2016
$11,500,000
Hre Grove Street LLC
152 Grove Street LLC
Quit Claim Deed
—
Jul 17, 2015
$1,500,000
152 Grove Street LLC
Waltham Real Est Hldg LLC
Quit Claim Deed
—
Jun 13, 2008
$2,750,000
Waltham Re Holding Co
Standard Thomson Corp
Grant Deed
—
Jun 22, 1994
—
Evergreen RT
—
Deed Of Trust
related
$53,333 · Joseph Barr
May 12, 1994
$123,334
Evergreen RT
Larosa,joseph W
Grant Deed
—
Mar 23, 1990
—
Standard-thomson Corp
—
Deed Of Trust
related
$10,500,000 · Zuckerman Family Nomi
Oct 14, 1988
$5,000,000
S T C Holding Co
Standard-thomson
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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