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    Property profile & analytics

    16 Michigan Dr Natick, MA 01760-1316

    • Specialty properties
    • 34,200 SF
    • 2.16 lot acres
    OFF-MARKET
    Value Estimation
    $1,100,000
    Last Sale
    Oct 25, 2022
    $1,200,000
    Location Intelligence
    Property ID
    US38-1692743
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New England Tennis Academy / Sports Club / Tennis Club
    • Longfellow Tennis Club / Tennis Club / Tennis Court

    Property Details for 16 Michigan Dr

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.16 lot acres
    Property size
    34,200 SF
    Zone code
    INI
    Property type
    Specialty properties
    APN
    NATI M:00000009 P:0000002G
    APU
    NATIM00000009P0000002G

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,030,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,225,000
      7%
      $1,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,380,000
      Geo Method
      $1,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,265,000
      Retail
      $1,175,000
      Mixed-Use
      $1,400,000
      Hospitality
      $1,430,000
      Educational
      $1,415,000
      Residential Income
      $1,320,000
      Energy
      $1,115,000
      Income-Based Land
      $1,375,000
      Food Service
      $1,260,000

    Location Insight

    • Map
    • Local Demand
    City
    Natick
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3348
    Latitude
    42.3141
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $41,804
    $1,812,700
    $1,597,100
    $3,409,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,885 SF

      6 Mulligan St

      CHARITABLE ORGANIZATION • 4,885 SF
      6 Mulligan St, Natick, MA 01760-4606
      View Details
    • Value Estimation by Request
      7,558 SF

      4 Park St

      FUNERAL HOME • 7,558 SF
      4 Park St, Natick, MA 01760-4723
      View Details
    • Value Estimation by Request
      64,744 SF

      45 Un St

      CHARITABLE ORGANIZATION • 64,744 SF
      45 Un St, Natick, MA 01760-6056
      View Details
    • Value Estimation by Request
      7,585 SF

      113 Central St

      CHARITABLE ORGANIZATION • 7,585 SF
      113 Central St, Natick, MA 01760-4310
      View Details
    • Value Estimation by Request
      1,440 SF

      5 Overbrook Ter

      CHARITABLE ORGANIZATION • 1,440 SF
      5 Overbrook Ter, Natick, MA 01760-1419
      View Details
    • Value Estimation by Request
      0.02 Acres

      133 Howe St

      CHARITABLE ORGANIZATION • 0.02 Acres
      133 Howe St, Natick, MA 01760-3005
      View Details

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      Street-level retail/restaurant space in a newly developed mixed-use building.
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    Similar Nearby for Lease

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      Prime Natick Office, 1,552 SF Available
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    • $1,700 /Mo

      Natick Industrial/Commercial Space For Lease

      1,500 Sq Ft light industrial/commercial space for lease.
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    • Contact for pricing
      14,281 SF

      Office/Retail Space on Route 16

      1,200 SF office/retail space with street access and visibility.
      57 Eliot St, Natick, MA 01760
      View Details
    • $38 SF/Yr
      3,775 SF

      Retail Space with Salon & Spa

      3,775 SF retail space with salon and spa.
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      View Details
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    16 Michigan Dr
    Natick, MA 01760-1316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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