Property profile

281-283 Franklin St Boston, MA 02110

OFF-MARKET
Office buildings
Property ID
US38-1831036
12,834 SF 0.05 ac lot Built 1950
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Construction BRICK
Total area 12,834 SF
Lot 0.05 ac (2,139 SF)
Zoning code C
APN CBOS W:03 P:04031 S:000
UPID US38-1831036

Cap rate & NOI

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

Location

281-283 Franklin St Boston, MA 02110
Boston metro Census 70104 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.99M
Blend (final) Blend
$3.80M

Owner & transaction history

since 2024
Last sale
$3.8M
7 recorded transactions
2024
Price N/A
2024
$3.8M
2017
$6.2M
2005
$1
2002
$2.9M
1998
$1.4M
1995
Price N/A

Zoning & alternative use

C · Boston, MA
Top alternative use upside
Commercial (general) $6.2M +23.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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