New search
Property profile & analytics
OFF-MARKET
Estimated value
$14,135,000
Medical Office Space
230 Worcester St, Wellesley, MA 02481-5420
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-1266122
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Lot
2.27 ac (98,745 SF)
Zoning code
BUS A
APN
WELL M:015 R:016 S:
UPID
US38-1266122
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
Current use
Occupant on record · Public records
-
Atrius Health Wellesley Medical Clinic
-
Wellesley Health Center Alternative Medicine Practice
-
Cornelia Waring Physician
-
Dr. Grace M. Lee, MD Pediatrician Medical Clinic
-
Stukalin Elena M Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.14M
Owner & transaction history
Atrius Mso LLC · 4 yrs held
Atrius Mso LLC
since 2022
Last sale
$13.7M
6 recorded transactions
Zoning & alternative use
BUS A · Wellesley, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wellesley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellesley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$14,955,000
ML approach
$10,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.14M
Range $12.72M – $15.55M · ±10% · vs last sale $13.72M (May 31 2022)
Last sale anchor
$13.72M
May 31 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$177,563
Tax year 2024
Assessed value
$17,057,000
Assessed 2024
Previous assessed
$18,000,000
-5.2% YoY
Effective rate
1.04%
On assessed value
Assessed improvement
$17,057,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Heating
NONE
Stories
1
Units
1
Lot
2.27 ac (98,745 SF)
Zoning code
BUS A
APN
WELL M:015 R:016 S:
UPID
US38-1266122
Jurisdiction
WELLESLEY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUS A · Wellesley, MA
Zoning BUS A · permitted uses
BUS A · Wellesley, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wellesley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
1
Units
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
Atrius Mso LLC
Entity
Free & Clear · 4 yrs held
Mailing address
275 GRV ST, BROOKLINE, MA 02446
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2022
$13,723,768
Atrius Mso LLC
Atrius Health INC
Quit Claim Arm's Length For Ne States
—
May 20, 2019
—
Atrius Health INC
—
Deed
related
$172,280,000 · People's United Bk
Jul 1, 2004
$13,527,905
Harvard Vanguar Media INC
Partner Healthcare System
Grant Deed
$39,239,535 · Bank Of America
Aug 14, 2001
$12,803,000
Partners Healthcare
Harvard Pilgrim Health
Grant Deed
—
—
—
Atrius Health INC
—
Deed Of Trust
related
$137,685,000 · People's United Bk
—
—
Atrius Health INC
—
Deed Of Trust
related
$172,280,000 · People's United Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 230 Worcester St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
