Property profile

1729 Massachusetts Ave Lexington, MA 02420

OFF-MARKET
Turn key restaurants
Property ID
US38-1694084
1,008 SF 0.05 ac lot Built 1930
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction CONCRETE
Total area 1,008 SF
Lot 0.05 ac (2,074 SF)
Zoning code CB
APN LEXI M:0048 L:000100
UPID US38-1694084

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
  • Cafe & Coffee Shop

Location

1729 Massachusetts Ave Lexington, MA 02420-5306
Lexington metro Census 358400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2015
2 recorded transactions
2015
$787,500
1987
$175,000

Zoning & alternative use

CB · Lexington, MA
Zoning description

tial uses permitted in an underlying zoning district. 3. (Reserved) 4. Developments in the VO or VLO District may contain nonresidential uses on the street floor and basement to the extent permitted in either the CRS or…

General category COMMERCIAL

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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