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Property profile

20 Pickering St Needham, MA 02492

OFF-MARKET
Office buildings
Property ID
US38-1482824
29,216 SF 0.53 ac lot
Last sale May 2017 · $4,725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property consists of approximately 8,335 square feet of office space located on the entire third floor in Needham, Massachusetts. The space is configured as a full-floor office suite and includes negotiable furnished elements.

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?
$87k
Tax billed · 2024
Assessed value$3.56M
Assessed land$897k
Assessed improvement$2.66M
Effective rate2.46%

Value estimate

· Oct 2026
$7.10M
$6.39M – $7.81M
Submarket $/SF estimate$5.27M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$900/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$377 – $1,240
Qualifying comparables6

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?
CB
The purpose of this district CB is to promote Center Business uses.
General categoryCOMMERCIAL
JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.2
Barber Shop9.9
Convenience Store9.8

Location

20 Pickering St Needham, MA 02492-3197
County assessor Recorded deeds · 5 transfers 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33 Marsh, Needham, MA 02492-2400 $600,000 Mar 2025 4,536 SF
14 Oak, Needham, MA 02492-2490 $460,485 Dec 2024 4,287 SF
20 Freeman, Needham, MA 02492-2418 $2,400,000 Oct 2024 4,616 SF
199 Chestnut, Needham, MA 02492-2403 $2,000,000 Dec 2023 6,262 SF
433 Chestnut, Needham, MA 02492-2822 $570,000 Jul 2023 10,523 SF
339 Chestnut, Needham, MA 02492-2408 $938,000 Feb 2019 2,286 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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