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    Property profile & analytics

    23 Jayar Rd Medway, MA 02053-1735

    • Warehouses
    • 18,184 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Location Intelligence
    Property ID
    US38-1471155
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Training For Warriors / Physical Fitness Program / Personal Trainer
    • IDScience Inc. / Software Company
    • Advanced ID Detection / Software Company
    • Medway Dance Authority / Dance School
    • Good Feels / Manufacturer

    Property Details for 23 Jayar Rd

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.37 lot acres
    Property size
    18,184 SF
    Zone code
    INDI
    Property type
    Warehouses
    APN
    MEDW M:24 B:014
    APU
    MEDWM24B014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $585,000

    • CAP approach

      CAP return
      Estimation
      6%
      $615,000
      6.5%
      $680,000
      7%
      $595,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $675,000
      Mixed-Use
      $615,000
      Hospitality
      $530,000
      Educational
      $655,000
      Residential Income
      $545,000
      Energy
      $630,000
      Income-Based Land
      $695,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Medway
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.3922
    Latitude
    42.1595
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,826
    $412,400
    $686,600
    $1,099,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $320,000
      5,000 SF

      25 Jayar Rd

      WAREHOUSE, STORAGE • 5,000 SF
      25 Jayar Rd, Medway, MA 02053
      View Details
    • Value Estimation
      $560,000
      14,720 SF

      42 Milford St

      WAREHOUSE, STORAGE • 14,720 SF
      42 Milford St, Medway, MA 02053-1631
      View Details
    • Value Estimation
      $380,000
      10,009 SF

      67 Vlg St

      WAREHOUSE, STORAGE • 10,009 SF
      67 Vlg St, Medway, MA 02053-1035
      View Details
    • Value Estimation
      $400,000
      8,863 SF

      54th Holliston St

      WAREHOUSE, STORAGE • 8,863 SF
      54th Holliston St, Medway, MA 02053-1423
      View Details
    • Value Estimation by Request
      530 SF

      192 Main St

      Warehouses • 530 SF
      192 Main St, Medway, MA 02053
      View Details
    • Value Estimation
      $685,000
      3,200 SF

      3 Industrial Park Rd

      WAREHOUSE, STORAGE • 3,200 SF
      3 Industrial Park Rd, Medway, MA 02053-1708
      View Details

    Similar Nearby for Sale

    • $2,475,000

      Medway Office Building For Sale

      Office building in Medway, Massachusetts, suitable for various uses.
      23 Jayar Rd, Medway, MA 02053
      View Details
    • $1,400,000

      Land For Sale

      Land available for sale.
      39 West St, Medway, MA 02053
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Medway Warehouse: 15,000 SF

      Modern warehouse, 1.37 acres, 40 parking spaces.
      4 Industrial Park Rd, Medway, MA 02053
      View Details
    • Contact for pricing
      1,595 SF

      Retail Space on Main Street

      Retail space available on a high-traffic street.
      74 Main St, Medway, MA 02053
      View Details
    • Contact for pricing
      5,850 SF

      Retail Space in Medway Commons

      Grocery-anchored shopping center with retail space for lease.
      67 Main St, Medway, MA 02053
      View Details
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    23 Jayar Rd
    Medway, MA 02053-1735
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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