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    Property profile & analytics

    1707 Massachusetts Ave Lexington, MA 02420-5316

    • Retail space
    • 4,170 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $2,425,000
    Last Sale
    Jul 26, 2022
    $2,375,000
    Location Intelligence
    Property ID
    US38-1293560
    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

    • Organic Nails And Spa / Nail Salon / Beauty Salon
    • DCsamuel salon / Beauty Salon
    • Cake Niche / Cake Shop
    • Fruitée Yogurt / Frozen Yogurt Shop
    • ASAP Garage Door Repair Services / Garage Door Supplier

    Property Details for 1707 Massachusetts Ave

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    4,170 SF
    Zone code
    CB
    Property type
    Retail space
    APN
    LEXI M:0048 L:000102
    APU
    LEXIM0048L000102

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,165,000
      6.5%
      $2,265,000
      7%
      $2,535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,300,000
      Geo Method
      $2,330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,415,000
      Retail
      $2,090,000
      Mixed-Use
      $2,610,000
      Hospitality
      $2,400,000
      Educational
      $2,190,000
      Residential Income
      $2,595,000
      Energy
      $2,740,000
      Income-Based Land
      $2,200,000
      Food Service
      $2,520,000

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.226
    Latitude
    42.4475
    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
    $37,752
    $636,000
    $924,000
    $1,560,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      32,317 SF

      1833 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 32,317 SF
      1833 Massachusetts Ave, Lexington, MA 02420-4807
      View Details
    • Value Estimation by Request
      7,496 SF

      1726 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,496 SF
      1726 Massachusetts Ave, Lexington, MA 02420-5301
      View Details
    • Value Estimation by Request
      12,311 SF

      1733 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,311 SF
      1733 Massachusetts Ave, Lexington, MA 02420-5306
      View Details
    • Value Estimation by Request
      13,713 SF

      1777 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,713 SF
      1777 Massachusetts Ave, Lexington, MA 02420-5307
      View Details
    • Value Estimation by Request
      20,919 SF

      1752 Massachusetts Ave

      RETAIL STORES (PERSONAL SERVICES) • 20,919 SF
      1752 Massachusetts Ave, Lexington, MA 02420-5302
      View Details
    • Value Estimation by Request
      5,677 SF

      15 Depot Sq

      RETAIL STORES (PERSONAL SERVICES) • 5,677 SF
      15 Depot Sq, Lexington, MA 02420-6358
      View Details

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      First-floor, six-room office suite suitable for various businesses.
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    Similar Nearby for Lease

    • $2,000 /Mo
      650 SF

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      Retail or office space for rent near Lexington Center.
      33 Bedford St, Lexington, MA 02420
      View Details
    • Contact for pricing
      5,668 SF

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      Store-front retail property in the heart of downtown Lexington.
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      View Details
    • $35 SF/Yr

      Prime Retail/Office Space Lexington

      High-visibility retail/office space in historic Lexington Center.
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      View Details
    • $2,150 /Mo

      Retail Space on Bedford Street

      Highly visible retail space near Minuteman Bikeway and Stop & Shop.
      235 Bedford St, Lexington, MA 02420
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    • $2,000 /Mo

      Lexington Retail or Office Space

      Retail or office space for rent near Lexington Center.
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      View Details
    • Contact for pricing
      32,317 SF

      Restaurant Space in Downtown Lexington

      Second-generation restaurant space in a prime downtown location.
      1833 Massachusetts Ave, Lexington, MA 02420
      View Details
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    1707 Massachusetts Ave
    Lexington, MA 02420-5316
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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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