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    Property profile & analytics

    296 Irving St Framingham, MA 01702-7359

    • Retail space
    • 5,680 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Location Intelligence
    Property ID
    US38-1389701
    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

    • Irving Convenience Store / Convenience Store
    • ATM / Atm
    • Western Union / Money Transfer Service / Money Order Service
    • Bitstop Bitcoin ATM / Atm / Crypto Atm
    • DRA Component Services Inc / Electronics Store

    Property Details for 296 Irving St

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.47 lot acres
    Property size
    5,680 SF
    Zone code
    M
    Property type
    Retail space
    APN
    FRAM M:135 B:04 L:9062 U:000
    APU
    FRAMM135B04L9062U000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $610,000
      6.5%
      $580,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $560,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $595,000
      Mixed-Use
      $510,000
      Hospitality
      $505,000
      Educational
      $530,000
      Residential Income
      $560,000
      Energy
      $610,000
      Income-Based Land
      $640,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4084
    Latitude
    42.2716
    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
    $17,871
    $179,700
    $523,600
    $703,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15,200 SF

      36 Concord St

      RETAIL STORES (PERSONAL SERVICES) • 15,200 SF
      36 Concord St, Framingham, MA 01702-8302
      View Details
    • Value Estimation by Request
      15,936 SF

      492 Concord St

      RETAIL STORES (PERSONAL SERVICES) • 15,936 SF
      492 Concord St, Framingham, MA 01702-2322
      View Details
    • Value Estimation by Request
      11,880 SF

      448 Waverley St

      RETAIL STORES (PERSONAL SERVICES) • 11,880 SF
      448 Waverley St, Framingham, MA 01702-6963
      View Details
    • Value Estimation
      $365,000
      1,828 SF

      409 Concord St

      RETAIL STORES (PERSONAL SERVICES) • 1,828 SF
      409 Concord St, Framingham, MA 01702-6448
      View Details
    • Value Estimation
      $345,000
      2,880 SF

      181 Concord St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      181 Concord St, Framingham, MA 01702-8305
      View Details
    • Value Estimation
      $500,000
      5,668 SF

      49 Hollis St

      RETAIL STORES (PERSONAL SERVICES) • 5,668 SF
      49 Hollis St, Framingham, MA 01702-8615
      View Details

    Similar Nearby for Sale

    • $1,500,000
      8,800 SF

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      Free-standing commercial building with retail, storage, and basement space.
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      First-floor space suitable for various businesses with ample parking.
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      Retail property with beer and wine license for sale.
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      Framingham Liquor Store Opportunity

      Liquor store with tobacco license for sale in Framingham.
      99 Downtown Ln, Framingham, MA 01702
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    • $2,500,000
      22,000 SF

      Historic Downtown Framingham Properties

      Two historic properties in downtown Framingham, totaling over 22,000 SF.
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    • $1,530,000

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      Mixed-use property with auto repair potential near commuter rail.
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    Similar Nearby for Lease

    • $4,500 /Mo

      Spacious Rental in Central Framingham

      Bright, well-maintained unit near downtown, commuter rail, and amenities.
      2 Frederick St, Framingham, MA 01702
      View Details
    • Contact for pricing

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      Office and retail spaces with high foot traffic and transit access.
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      Retail Space in Framingham Center

      Endcap retail space in Stop & Shop anchored Framingham center.
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    • Contact for pricing
      3,380 SF

      Retail Space on Worcester Road

      3,380 SF end cap available with pylon signage.
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      View Details
    • Contact for pricing

      Retail Space on Route 9

      Retail property with pylon signage and ample parking.
      140-142 Worcester Rd, Framingham, MA 01702
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    • $6,500 /Mo
      1,800 SF

      Framingham Auto Repair Shop Space

      Auto repair shop with equipment for rent in Framingham.
      12B Waverly St, Framingham, MA 01702
      View Details
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    296 Irving St
    Framingham, MA 01702-7359
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    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
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