Technical
Financial
Distress signals
Property profile

166 Cres Rd Needham, MA 02494

OFF-MARKET
Showrooms
Property ID
US38-2277832
10,032 SF 0.59 ac lot Built 1969
Entity Owned 9-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1969
Total area 10,032 SF
Lot 0.59 ac (25,639 SF)
Zoning code I
APN NEED M:098.0 B:0040 L:0000.0
UPID US38-2277832

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
  • Home Decor Store Furniture & Home Goods
  • Marketing & Advertising Printing Service
  • General Contractor
  • Advertising Agency Marketing & Advertising

Location

166 Cres Rd Needham, MA 02494-1453
Needham metro Census 403502 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.49M
Comparable Approach Comparable
$994k
Blend (final) Blend
$1.43M

Owner & transaction history

since 2016
1 recorded transaction
2016
$2.0M

Zoning & alternative use

I · Needham, MA
Zoning description

The purpose of this district I is to promote Institutional uses.

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 166 Cres Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message