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Financial
Distress signals
Property profile

19 Brook Rd 203 Needham, MA 02494

FOR SALE
Office buildings
Property ID
US38-1799831
8,452 SF 0.19 ac lot Built 1949
Last sale Dec 1997 · $415,000
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office suite located in Needham, Massachusetts, in a setting positioned a few minutes from Routes 95/128 with nearby dining options. The building does not include an elevator. The surrounding area has a walk score of 64, a bike score of 48, and a transit score of 29, indicating some walkability, cycling access, and transit availability. The suite is configured for professional or creative office use.

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$911k
Assessed land$611k
Assessed improvement$300k
Effective rate2.46%

Value estimate

· Oct 2026
$495k
$446k – $545k
CAP approach$3.05M
Submarket $/SF estimate$2.80M
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 1,154.95% cap applied$11k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$503/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$275 – $781
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,154.95%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M128
JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant31.7
Pharmacy21.2
Nail Salon17.0

Location

19 Brook Rd, Unit 203 Needham, MA 02494
County assessor Recorded deeds · 8 transfers 8 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17 Avery, Needham, MA 02494-1359 $1,100,000 Dec 2025 6,426 SF
87 Cres, Needham, MA 02494-1437 $2,550,000 Oct 2023 8,080 SF
18 Crawford, Needham, MA 02494-2649 $1,925,000 Mar 2023 6,614 SF
295 Reservoir, Needham, MA 02494-3100 $1,350,000 Jan 2021 4,000 SF
124 Cres, Needham, MA 02494-1442 $3,100,000 Jan 2020 13,600 SF
31 Fremont, Needham, MA 02494-2909 $720,000 Jun 2019 7,126 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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