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Financial
Distress signals
Property profile

187 Lexington St Waltham, MA 02452

FOR LEASE
Showrooms
Property ID
US38-0167546
22,564 SF 1.61 ac lot Built 2006
Last sale Jan 2022 · $6,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
187 Lexington St, Waltham, MA 02452 For Lease 1 / 17
$5,230,000 18,154 SF available
187 Lexington St, Waltham, MA 02452
View Listing

Property summary

AI-generated overview

The property is a warehouse facility with 12,433 square feet of warehouse space and 5,721 square feet of office space on the second floor. The warehouse features ceiling heights up to 22 feet 11 inches and includes three drive-in doors measuring 15 feet by 15 feet each. The site supports outdoor storage use and provides parking for vehicles. Electrical service is supplied via a 277/480V three-phase 4-wire system. The second-floor office is configured with dedicated kitchen and break room areas.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$63k
Tax billed · 2024
Assessed value$3.05M
Assessed land$780k
Assessed improvement$2.27M
Effective rate2.07%

Value estimate

· Oct 2026
$5.23M
$4.71M – $5.75M
AI approach$5.33M
CAP approach$5.73M
Submarket $/SF estimate$3.76M

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$167 – $442
Qualifying comparables23

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWALTHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel12.5
Auto Parts Store12.0
Women's Store10.8

Location

187 Lexington St Waltham, MA 02452
County assessor Recorded deeds · 7 transfers 23 qualifying comp sales Zoning catalog · not on file

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

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
599 Main, Waltham, MA 02452-5527 $475,000 May 2025 3,154 SF
290 Lexington, Waltham, MA 02452-4614 $370,000 Sep 2022 960 SF
28 Summer, Waltham, MA 02452-5635 $810,000 Jun 2022 4,211 SF
1111 Lexington, Waltham, MA 02452-7205 $5,743,243 Mar 2022 3,453 SF
269 Lexington, Waltham, MA 02452-4621 $700,000 May 2019 7,592 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

Comparable nearby

  • Value Estimation
    $4,400,000
    24,054 SF
    130 Lexington St
    RETAIL STORES (PERSONAL SERVICES)
    130 Lexington St, Waltham, MA 02452-4633
    View Details
  • Value Estimation
    $5,235,000
    26,440 SF
    800 Lexington St
    RETAIL STORES (PERSONAL SERVICES)
    800 Lexington St, Waltham, MA 02452-4848
    View Details
  • Value Estimation
    $1,715,000
    14,966 SF
    617 Main St, Unit 627
    RETAIL STORES (PERSONAL SERVICES)
    617 Main St, Waltham, MA 02452-5550
    View Details
  • Value Estimation
    $2,130,000
    13,954 SF
    1093 Lexington St
    RETAIL STORES (PERSONAL SERVICES)
    1093 Lexington St, Waltham, MA 02452-7205
    View Details
  • Value Estimation
    $585,000
    13,248 SF
    6 Lexington St
    FINANCIAL BUILDING
    6 Lexington St, Waltham, MA 02452-4401
    View Details
  • Value Estimation
    $1,205,000
    9,342 SF
    133 Lexington St
    COMMERCIAL CONDOMINUIM
    133 Lexington St, Waltham, MA 02452-4636
    View Details

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