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Property profile & analytics
OFF-MARKET Estimated value $3,340,000
Grocery and convenience stores

208 Waverley St Framingham, MA 01702-7277

26,840 SF 3.3 ac lot Built 1968
Entity Owned 14-yr Hold Free & Clear
Property ID
US38-0685666
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1968
Construction STEEL FRAME
Total area 26,840 SF
Lot 3.3 ac (143,748 SF)
Zoning code B
APN FRAM M:128 B:06 L:9287 U:000
UPID US38-0685666
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$3.34M
Owner & transaction history
New Creek 2 LLC · 14 yrs held
New Creek 2 LLC
since 2011
5 recorded transactions
2011
$1
2011
Price N/A
2009
Price N/A
1996
Price N/A
1996
$1.5M
Zoning & alternative use
B · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-1), Community Business (B-2), General Business (B-3 and B-4), Central Business (CB), and Business (B). (1) Neighborhood Business: B-1. The purpose of the Neighborhood Business District is to preserve and encourage the provision of small-scale retail and service uses for nearby residential areas. Development within this district is intended to be pedestrian…

Zone name Business
General category COMMERCIAL
Zone area 550.51 ac
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