Financial
Distress signals
Property profile

187-191 Water St Wakefield, MA 01880

OFF-MARKET
Showrooms
Property ID
US38-1729925
12,644 SF 0.37 ac lot Built 1937
Last sale Sep 1994 · $375,000
Individually Owned Owner of record is an individual. 31-yr Hold Held for 31 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$1.00M
Assessed land$369k
Assessed improvement$632k
Effective rate2.17%

Value estimate

· Sep 2026
$1.43M
$1.29M – $1.57M
Sales comparison$1.64M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$258/SF
County average, outlier-cleaned · 830 recorded sales of this use type
Observed band · Q1–Q3$130 – $413
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B
District includes those business areas in Wakefield Center and Greenwood, uses allowed are those that serve a community-wide need and enc...
General categoryCOMMERCIAL
JurisdictionWAKEFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop11.3
Smoke and Vape Shop10.1
Furniture Store10.0

Location

187-191 Water St Wakefield, MA 01880
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 Main, Wakefield, MA 01880-3017 $2,850,000 Oct 2022 18,488 SF
910 Main, Wakefield, MA 01880-3939 $3,500,000 Jun 2022 16,152 SF
949 Main, Wakefield, MA 01880-3927 $970,000 Jan 2022 3,129 SF
115 Foundry, Wakefield, MA 01880 $500,000 May 2021 6,885 SF
103 Albion, Wakefield, MA 01880-2807 $725,000 Jan 2021 5,660 SF
72 Albion, Wakefield, MA 01880-2803 $250,000 Jun 2019 3,706 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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