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Property profile

230 2Nd Ave 2 Waltham, MA 02451

FOR SALE
Office Spaces
Property ID
US38-1380754
16,637 SF Built 1985
Last sale Dec 2022 · $3,400,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
230 2Nd Ave,Unit 2, Waltham, MA 02451 For Sale 1 / 5
$3,650,000 16,637 SF
230 2Nd Ave,Unit 2, Waltham, MA 02451
View Listing

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?
$69k
Tax billed · 2024
Assessed value$3.31M
Assessed improvement$3.31M
Effective rate2.07%

Value estimate

· Oct 2026
$3.93M
$3.53M – $4.32M
Submarket $/SF estimate$5.12M
NOI build-up
Gross scheduled income$902k
Vacancy & credit loss−$199k
Operating expenses−$176k
NOI · 14.46% cap applied$528k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$319/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$176 – $499
Qualifying comparables9

Cap rate analysis

How does the asset earn?
14.46%
$528k estimated NOI · market benchmarks for this use type

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

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.4
Auto Repair Shop12.6
Convenience Store11.5

Location

230 2Nd Ave, Unit 2 Waltham, MA 02451
County assessor Recorded deeds · 8 transfers 9 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
711717 Main, Waltham, MA 02451-0607 $1,600,000 May 2023 5,681 SF
39 Grn, Waltham, MA 02451-1646 $2,650,000 Mar 2023 13,744 SF
86 Ww, Waltham, MA 02451-1110 $5,500,000 Apr 2022 5,500 SF
1466 Main, Waltham, MA 02451-1623 $3,000,000 Jul 2021 14,070 SF
69 Hickory, Waltham, MA 02451-1011 $6,100,000 Jul 2021 23,067 SF
1256 Main, Waltham, MA 02451-1739 $3,000,000 Mar 2020 6,400 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
    $4,555,000
    18,000 SF
    289 2nd Ave
    OFFICE BUILDING
    289 2nd Ave, Waltham, MA 02451-1122
    View Details
  • Value Estimation
    $2,875,000
    14,070 SF
    1466 Main St
    OFFICE BUILDING
    1466 Main St, Waltham, MA 02451-1623
    View Details
  • Value Estimation
    $2,615,000
    13,744 SF
    39 Grn St
    OFFICE BUILDING
    39 Grn St, Waltham, MA 02451-1646
    View Details
  • Value Estimation
    $2,310,000
    27,800 SF
    260 Bear Hl Rd
    OFFICE BUILDING
    260 Bear Hl Rd, Waltham, MA 02451-1000
    View Details
  • Value Estimation
    $7,705,000
    31,696 SF
    300 Bear Hl Rd
    OFFICE BUILDING
    300 Bear Hl Rd, Waltham, MA 02451-1096
    View Details
  • Value Estimation
    $8,720,000
    41,384 SF
    78 4th Ave, Unit 84
    OFFICE BUILDING
    78 4th Ave, Waltham, MA 02451-7507
    View Details

Similar Nearby for Sale

  • New
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  • New
    Contact for pricing
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    Single-story flex building on 1.03 acres, currently fully leased to an animal hospital with near-term vacancy.
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  • New
    Contact for pricing
    11,416 SF
    Freestanding Office Building
    Freestanding 11,416 SF office building on 0.81 acres in a transit-oriented Waltham location.
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    View Details
  • New
    Contact for pricing
    6,000 SF
    Medical Office Space with Lab Infrastructure
    Configured rooms, dedicated parking, and substantial building systems support medical and laboratory uses, subject to applicable approvals.
    764 Main St, Waltham, MA 02451
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  • New
    Contact for pricing
    5,547 SF
    Office Units with Covered Parking
    Two office suites offer flexible occupancy options within an elevator-served building near highway access.
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  • New
    $3,650,000
    Six-Unit Full-Floor Office Condo
    Office condominium offering an owner-user configuration with covered parking.
    230 2nd Avenue Unit 02, Waltham, MA 02451
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    14,602 sqft
    Class A Office and Lab Space
    Existing Class A office and lab space with in-building amenities including fitness, café, and conference facilities.
    225 Wyman St, Waltham, MA 02451
    View Details
  • New
    Contact for pricing
    30,000 sqft
    Flex Space with Drive-In Door
    Flex/R&D sublease offers a 50/50 office and R&D layout, with loading dock and 80 parking spaces.
    62 4th Ave, Waltham, MA 02451
    View Details
  • New
    Contact for pricing
    8,000 sqft
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    Office and medical space available for sublease across the first and second floors with negotiable term.
    195 West St, Waltham, MA 02451
    View Details
  • New
    Contact for pricing
    3,171 sqft
    Sublease Office Suite
    Full office unit offers two offices, a conference room, and an in-suite kitchenette.
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    View Details
  • New
    Contact for pricing
    7,484 sqft
    Cafe with Shared Conference Space
    Cafe suite includes full food service access to shared conference space, with ample on-site parking.
    1440 Main St, Waltham, MA 02451
    View Details
  • New
    Contact for pricing
    43,184 sqft
    Class A Office Building
    Class A, six-story office building with upgraded amenities, abundant natural light, and LEED Gold sustainability credentials.
    230 3rd Ave, Waltham, MA 02451
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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