Property profile

165 Worcester St 175 Wellesley, MA 02481

OFF-MARKET
Office buildings
Property ID
US38-0280754
2.82 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional medical office space, located at 165-167 Worcester Street in Wellesley, Massachusetts, offers a unique opportunity for medical professionals seeking a prestigious location. The David Nassif Office Park boasts a total of 6,030 square feet across three suites, with all space currently vacant and immediately available. Individual suites range from a minimum of 1,440 square feet to a maximum contiguous space of 2,355 square feet, providing flexibility for practices of various sizes. Situated in Norfolk County, this property benefits from its established presence within a four-building office/medical park, offering a well-regarded and reputable address. The park has a long-standing history, having served tenants for over 20 years, demonstrating its enduring appeal and suitability for medical practices. This first-class space provides first-class tenant services, ensuring a seamless and efficient work environment. The property's address is 165-167 Worcester Street, Wellesley, MA 02481. This is an ideal location for medical professionals seeking a high-quality, established, and convenient space to serve their patients. The entire 6,030 square feet is available for lease.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 2.82 ac (122,795 SF)
APN WELL M:010 R:045 S:
UPID US38-0280754

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Medical Clinic
  • Physician Medical Clinic

Location

165 Worcester St, Unit 175 Wellesley, MA 02481-3615
Wellesley metro Census 404100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.04M

Owner & transaction history

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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