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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    294 Massachusetts Ave, Unit 310 Cambridge, MA 02139-4130

    • Industrial properties
    • 263,132 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1166069
    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

    • Heartbreak Hill Running Company / Running Store
    • Wellness in Motion Boston @ Heartbreak Hill / Chiropractor / Acupuncture Clinic
    • Lauren Lozier / Physical Therapist

    Property Details for 294 Massachusetts Ave

    Year built
    2014
    Construction
    STEEL FRAME
    Lot size
    1.16 lot acres
    Property size
    263,132 SF
    Zone code
    CRDD
    Property type
    Industrial properties
    APN
    CAMB M:00069 L:00148
    APU
    CAMBM00069L00148

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.099
    Latitude
    42.3621
    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
    $3,502,067
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $385,000
      51,900 SF

      33 Erie St

      INDUSTRIAL (GENERAL) • 51,900 SF
      33 Erie St, Cambridge, MA 02139
      View Details
    • Value Estimation
      $375,000
      21,846 SF

      1 Hampshire St Ste 2s

      CONDOMINIUMS (INDUSTRIAL) • 21,846 SF
      1 Hampshire St Ste 2s, Cambridge, MA 02139-1579
      View Details
    • Value Estimation by Request
      23,332 SF

      1 Hampshire St Ste 3n

      CONDOMINIUMS (INDUSTRIAL) • 23,332 SF
      1 Hampshire St Ste 3n, Cambridge, MA 02139-1578
      View Details
    • Value Estimation by Request
      134,190 SF

      64 Sidney St

      INDUSTRIAL (GENERAL) • 134,190 SF
      64 Sidney St, Cambridge, MA 02139-4170
      View Details
    • Value Estimation by Request
      191,904 SF

      200 Sidney St

      INDUSTRIAL (GENERAL) • 191,904 SF
      200 Sidney St, Cambridge, MA 02139-4218
      View Details
    • Value Estimation
      $800,000
      57,773 SF

      1 Hampshire St, Unit 12N

      CONDOMINIUMS (INDUSTRIAL) • 57,773 SF
      1 Hampshire St, Cambridge, MA 02139-1578
      View Details

    Similar Nearby for Sale

    • $850,000
      Pending

      Cambridge Condominium with Balconies

      Condominium in good condition with two balconies and garage.
      16 Lee St Unit, Cambridge, MA 02139
      View Details
    • $2,995,000

      Mass Ave Development Opportunity

      Prime Cambridge real estate with upzoning potential.
      930 Massachusetts Ave, Cambridge, MA 02139
      View Details
    • $5,300,000

      Cambridge Mixed-Use Investment Opportunity

      Fully leased 8-unit property with commercial space in Cambridge.
      294-302 Windsor St, Cambridge, MA 02139
      View Details
    • $449,000

      Cambridge Office Space For Sale

      Centrally located office suite in Central Square, Cambridge.
      875 Massachusetts 24, Cambridge, MA 02139
      View Details
    • $1,900,000

      Cambridge Two-Family Corner Lot

      Two-family home on a prime corner lot near Charles River.
      214 Allston St, Cambridge, MA 02139
      View Details
    • $2,150,000

      Cambridge Multifamily on Corner Lot

      Three-unit multifamily property in Cambridge's Riverside neighborhood, ideal for investors.
      1 Jay St, Cambridge, MA 02139
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,661 SF

      Cambridge Flex/Industrial/Office Space Available

      Two-story, 10,455 SF building near MIT and Harvard.
      60-64 Hamilton St, Cambridge, MA 02139
      View Details
    • Contact for pricing
      7,517 SF

      Cambridge R&D Building For Rent

      Single tenant R&D building, fully built-out and furnished space.
      357-365 Allston St, Cambridge, MA 02139
      View Details
    • Contact for pricing
      1,000 SF

      Cambridge Office Space: 1000 SF

      1000 sq ft office, shared amenities
      32 Pearl St, Cambridge, MA 02139
      View Details
    • $750 /Mo
      135 SF

      Single Room Office Condo Rental

      Office condo for rent near Harvard and Central Squares.
      49 Hancock St 103, Cambridge, MA 02139
      View Details
    • Contact for pricing
      8,965 SF

      Central Square Retail/Office Space

      Highly visible retail/office space with direct Red Line access.
      580 Massachusetts Ave, Cambridge, MA 02139
      View Details
    • Contact for pricing
      12,985 SF

      Cambridge Office Space Available

      Office space available for rent in Cambridge, Massachusetts.
      640 Memorial Dr, Cambridge, MA 02139
      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.
    294 Massachusetts Ave, Unit 310
    Cambridge, MA 02139-4130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    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.