Property profile

243 MYSTIC AVE Medford, MA 2155

OFF-MARKET
Vacant Commercial
Property ID
US38-1132273
5,694 SF 0.19 ac lot Built 1925
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a developable parcel of approximately 8,276 square feet, zoned C2. It is located just off Interstate 93 and provides access to I-93 and Route 16. Public transportation options, including MBTA bus and rail, are within walking distance. Zoning in the surrounding area has been subject to ongoing New Medford zoning changes that may permit increased density and potential mid- to high-rise development.

Property profile

Verified
Property type Vacant Commercial
Year built 1925
Total area 5,694 SF
Lot 0.19 ac (8,205 SF)
APN MEDF M:T-10 B:0070.B
UPID US38-1132273

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

243 MYSTIC AVE Medford, MA 2155
Medford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2024
Last sale
$599,000
1 recorded transaction
2024
$599,000
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 243 MYSTIC AVE?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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