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    Property profile & analytics

    16 Pne St Waltham, MA 02453-5305

    • Theaters & concert halls
    • 18,996 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $4,080,000
    Last Sale
    Mar 08, 2023
    $4,500,000
    Location Intelligence
    Property ID
    US38-1191333
    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

    • Embassy Theater Waltham / Movie Theater

    Property Details for 16 Pne St

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    0.44 lot acres
    Property size
    18,996 SF
    Property type
    Theaters & concert halls
    APN
    WALT M:069 B:002 L:0003
    APU
    WALTM069B002L0003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,025,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,695,000
      6.5%
      $4,590,000
      7%
      $4,225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,125,000
      Geo Method
      $3,765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,815,000
      Retail
      $4,915,000
      Mixed-Use
      $5,015,000
      Hospitality
      $4,030,000
      Educational
      $4,050,000
      Residential Income
      $4,270,000
      Energy
      $4,150,000
      Income-Based Land
      $5,350,000
      Food Service
      $5,450,000

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2358
    Latitude
    42.3717
    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
    $73,253
    $501,100
    $3,036,000
    $3,537,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7.77 Acres

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      0.20 Acres

      95 Beaver St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.20 Acres
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      0.23 Acres

      102nd Calvary St

      VACANT COMMERCIAL LAND • 0.23 Acres
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    • Value Estimation by Request
      0.26 Acres

      115 Harvard St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.26 Acres
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      0.42 Acres

      194 Willow St

      VACANT COMMERCIAL LAND • 0.42 Acres
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    • Value Estimation by Request
      1,372 SF

      15 Flagg Cir

      CHARITABLE ORGANIZATION • 1,372 SF
      15 Flagg Cir, Waltham, MA 02453-7604
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,000 SF

      Moody Street Mixed-Use Opportunity

      Waltham, MA: 24,000 SF, 42 Units, Redevelopment Site
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      View Details
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      4,585 SF

      Mixed-Use Building Near Moody Street

      Mixed-use property with residential, rooming house, and salon spaces.
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      Commercial land available for sale.
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      0.39 Acres

      42 Felton St, Waltham, MA 02453

      Commercial real estate • 0.39 Acres
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      9,345 SF

      Retail Building For Sale

      9,345 SF retail building suitable for various businesses.
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    Similar Nearby for Lease

    • $25 SF/Yr

      Renovated Office Space on Moody

      Renovated office space for lease on vibrant Moody Street.
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    • $4,400 /Mo

      Restaurant/Retail Space on Moody Street

      Prime restaurant or retail space in downtown Waltham.
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    • Contact for pricing
      5,000 SF

      Waltham Office Space Available

      5,000 square feet of office space for rent.
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      View Details
    • $40 SF/Yr
      3,224 SF

      Waltham Office Space For Rent

      Six-story office building with amenities and commuter rail access.
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    • Contact for pricing
      1,568 SF

      Waltham Office Building For Rent

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    • Contact for pricing
      14,123 SF

      Shared Deep Tech Space Available

      Shared office, lab, and R&D space near downtown Waltham.
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      View Details
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    16 Pne St
    Waltham, MA 02453-5305
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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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