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    Property profile & analytics
    OFF-MARKET Estimated value $2,005,000
    Office buildings

    152 Lincoln Rd, Lincoln, MA 01773-3847

    5,510 SF 0.57 ac lot Built 2001
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US38-2474998
    Property summary
    AI-generated overview

    This exceptional 5,510 square foot traditional office space, located at 152 Lincoln Road Unit 3 in Middlesex County, presents a unique investment opportunity. Built in 2001, this single-tenant property sits on a 0.57-acre lot and offers a highly desirable corner location. The building boasts convenient access to public transportation, with the commuter rail just steps away. Furthermore, the property's strategic location provides immediate proximity to a variety of amenities including a grocery store, bank, post office, and numerous restaurants, enhancing both employee convenience and potential tenant appeal. Inside, the office space features attractive hardwood floors throughout, adding to its professional ambiance. A private bath and ample storage closets provide added convenience and functionality. The flexible floor plan allows for versatile use, adapting to a wide range of business needs. The absence of elevators should be noted. This property is ideal for businesses seeking a well-located, functional, and easily accessible office space in a thriving commercial area. The ample parking available further enhances the property's desirability. This is a rare opportunity to acquire a well-maintained, strategically positioned office building in a highly sought-after location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Construction FRAME
    Total area 5,510 SF
    Lot 0.57 ac (24,829 SF)
    Zoning code B1
    APN LINC M:162 L:33 S:0
    UPID US38-2474998
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.15M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.94M
    Blend (final) Blend
    $2.01M
    Owner & transaction history
    Edward J Hassey · 5 yrs held
    Edward J Hassey
    since 2020
    Last sale
    $1.9M
    7 recorded transactions
    2020
    $2.0M
    2018
    2016
    $1.0M
    2003
    $1
    2003
    $1.9M
    2002
    2001
    $743,125
    Zoning & alternative use
    B1 · Lincoln, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.6M +32.6%
    Auto repair, garage $1.6M +28.6%
    Neighborhood: shopping center $1.5M +26.6%
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