Property profile

3 Fletcher Ave Lexington, MA 02420

OFF-MARKET
Banks
Property ID
US38-0550169
1,080 SF 0.13 ac lot Built 1961
Individually Owned 33-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1961
Construction FRAME
Total area 1,080 SF
Lot 0.13 ac (5,731 SF)
Zoning code CS
APN LEXI M:0048 L:000200
UPID US38-0550169

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Credit Union

Location

3 Fletcher Ave Lexington, MA 02420-3701
Lexington metro Census 358400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 1993
3 recorded transactions
1993
$203,000
1988
Price N/A
1987
Price N/A

Zoning & alternative use

CS · Lexington, MA
Zoning description

The intent of this zone is to promote service business uses.

General category COMMERCIAL

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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