Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    24 Arsenal St Ofc, Unit 1 Watertown, MA 02472-2676

    • Office Properties & Spaces
    • 1,194 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Oct 27, 2020
    $250,000
    Location Intelligence
    Property ID
    US38-1445966
    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

    • Office Properties & Spaces

    Property Details for 24 Arsenal St Ofc

    Year built
    2011
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    1,194 SF
    Zone code
    CB
    Property type
    Office Properties & Spaces
    APN
    WATE M:1003 B:0011 L:0000
    APU
    WATEM1003B0011L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $255,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $280,000
      Mixed-Use
      $250,000
      Hospitality
      $280,000
      Educational
      $240,000
      Residential Income
      $250,000
      Energy
      $295,000
      Income-Based Land
      $290,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1829
    Latitude
    42.3653
    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
    $5,922
    $0.00
    $256,600
    $256,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $275,000
      1,271 SF

      151 Coolidge Ave, Unit 104

      CONDOMINIUM OFFICES • 1,271 SF
      151 Coolidge Ave, Watertown, MA 02472-2865
      View Details
    • Value Estimation
      $320,000
      577 SF

      521 Mt Auburn St, Unit 6

      CONDOMINIUM OFFICES • 577 SF
      521 Mt Auburn St, Watertown, MA 02472-4191
      View Details
    • Value Estimation
      $370,000
      550 SF

      521 Mt Auburn St, Unit 7

      CONDOMINIUM OFFICES • 550 SF
      521 Mt Auburn St, Watertown, MA 02472-4191
      View Details
    • Value Estimation
      $270,000
      1,017 SF

      21 Williams St

      CONDOMINIUM OFFICES • 1,017 SF
      21 Williams St, Watertown, MA 02472-4623
      View Details
    • Value Estimation by Request
      1,645 SF

      106 Mount Auburn St, Unit C

      CONDOMINIUM OFFICES • 1,645 SF
      106 Mount Auburn St, Watertown, MA 02472-3968
      View Details
    • Value Estimation
      $335,000
      552 SF

      48 Summer St Ste, Unit 1

      CONDOMINIUM OFFICES • 552 SF
      48 Summer St Ste, Watertown, MA 02472-3859
      View Details

    Similar Nearby for Sale

    • $1,575,000

      Free Standing Brick Office Building

      Free standing brick building near Arsenal Street and Arsenal Yards.
      108 School St, Watertown, MA 02472
      View Details
    • $325,000
      449 SF

      Watertown Office/Residential Development Opportunity

      Brick building approved for office use or residential development.
      69 Forest St, Watertown, MA 02472
      View Details
    • $220,000
      22.96 Acres

      Watertown Restaurant - High Income Potential

      Established Restaurant, Prime Location, Strong Revenue
      Tbd, Watertown, MA 02472
      View Details
    • $1,099,000

      Watertown Two-Family Home Opportunity

      Vacant two-family home near Cushing Square with expansion potential.
      532 Belmont St, Watertown, MA 02472
      View Details
    • $1,475,000

      Watertown Grand Three-Family Home

      Cherished three-family home on a coveted Watertown street.
      68 Barnard Ave, Watertown, MA 02472
      View Details
    • $2,695,000
      4,000 SF

      Retail Building Near Watertown Square

      Retail building with three units, expansion potential, and ample parking.
      347-351 Main St, Watertown, MA 02472
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Watertown Office Space Available

      Office space for rent at 85 School Street, Watertown.
      85 School St, Watertown, MA 02472
      View Details
    • $20 SF/Yr
      2,100 SF

      Watertown Office Space - Main St.

      Prime Watertown office, flexible space.
      372 Main St, Watertown, MA 02472
      View Details
    • Contact for pricing
      10,675 SF

      Watertown Office Building For Rent

      Four-story, 201,088 SF office building, formerly Boston Scientific headquarters.
      480 Pleasant St, Watertown, MA 02472
      View Details
    • $33 SF/Yr
      13,695 SF

      Watertown Office Space Available

      Office suites available from 462 to 3,646 square feet.
      50 Hunt St, Watertown, MA 02472
      View Details
    • $22 SF/Yr
      1,300 SF

      Watertown Flex/Office Space Available

      First floor flex/office space in prime Watertown location.
      80 Elm St, Watertown, MA 02472
      View Details
    • Contact for pricing
      740 SF

      Renovated Office/Lab/Studio Space Available

      Newly renovated office/lab/studio space with included lab equipment.
      200 Dexter Ave, Watertown, MA 02472
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 Arsenal St Ofc, Unit 1
    Watertown, MA 02472-2676
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.