Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    3 Teal Rd Wakefield, MA 01880-1223

    • Warehouses
    • 5,000 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $870,000
    Last Sale
    Dec 17, 2021
    $898,000
    Location Intelligence
    Property ID
    US38-0562816
    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

    • ABSolute Fitness / Gym
    • ABSolute Fitness 3 Teal Rd Wakefield, MA / Fitness Center
    • Jm Electrical Company, Inc / Utility Contractor

    Property Details for 3 Teal Rd

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    0.41 lot acres
    Property size
    5,000 SF
    Zone code
    I
    Property type
    Warehouses
    APN
    WAKE M:00036W B:013A P:00006A
    APU
    WAKEM00036WB013AP00006A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,035,000
      6.5%
      $955,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $870,000
      Geo Method
      $910,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $990,000
      Mixed-Use
      $1,115,000
      Hospitality
      $1,070,000
      Educational
      $875,000
      Residential Income
      $1,115,000
      Energy
      $850,000
      Income-Based Land
      $940,000
      Food Service
      $955,000

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0466
    Latitude
    42.5179
    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
    $15,003
    $368,200
    $323,200
    $691,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      34 Broadway St

      WAREHOUSE, STORAGE • 10,000 SF
      34 Broadway St, Wakefield, MA 01880-3211
      View Details
    • Value Estimation
      $340,000
      2,896 SF

      151st Foundry St

      WAREHOUSE, STORAGE • 2,896 SF
      151st Foundry St, Wakefield, MA 01880-3203
      View Details
    • Value Estimation by Request
      12,254 SF

      1 Nablus Rd

      WAREHOUSE, STORAGE • 12,254 SF
      1 Nablus Rd, Wakefield, MA 01880-1991
      View Details
    • Value Estimation by Request
      32,221 SF

      11 Teal Rd

      WAREHOUSE, STORAGE • 32,221 SF
      11 Teal Rd, Wakefield, MA 01880-1223
      View Details
    • Value Estimation
      $1,430,000
      7,000 SF

      23 New Salem St

      WAREHOUSE, STORAGE • 7,000 SF
      23 New Salem St, Wakefield, MA 01880-1905
      View Details
    • Value Estimation
      $300,000
      3,420 SF

      12 New Salem St

      WAREHOUSE, STORAGE • 3,420 SF
      12 New Salem St, Wakefield, MA 01880-1979
      View Details

    Similar Nearby for Sale

    • $999,900

      Wakefield Multifamily Near Transportation

      Three-unit property near downtown, commuter rail, shopping, and dining.
      51 Crescent St, Wakefield, MA 01880
      View Details
    • $995,000

      West Side Multifamily Home

      Well-maintained multifamily home in a sought-after West Side location.
      66 Gould St, Wakefield, MA 01880
      View Details
    • $98,000

      Wakefield Office Space: Prime Location

      Spacious Office, Abundant Parking, Commuter Rail Access
      380 Lowell St, Wakefield, MA 01880
      View Details
    • $89,900

      Established Seafood and Roast Beef

      Thriving seafood and roast beef shop in prime location.
      321 Business Pl, Wakefield, MA 01880
      View Details
    • $750,000

      Turn-Key Office Building in Wakefield

      Recently renovated office building in downtown Wakefield with on-site parking.
      36 W Water St, Wakefield, MA 01880
      View Details
    • Contact for pricing

      Prime Location Development Opportunity

      High-profile site suitable for various commercial uses.
      Wakefield, MA 01880
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      2,838 SF

      Wakefield Industrial Unit For Rent

      Industrial unit with loading dock, newly renovated in 2025.
      1 Melvin St, Wakefield, MA 01880
      View Details
    • $3,000 /Mo

      Main Street Warehouse Space Available

      Warehouse/light industrial space for rent, utilities included.
      474 Main St, Wakefield, MA 01880
      View Details
    • $25 SF/Yr
      14,145 SF

      70,163 SF Flex/Industrial Building

      Flex/industrial space in Wakefield, MA, with Route 128 access.
      7-11 Audubon Rd, Wakefield, MA 01880
      View Details
    • $272 SF/Yr
      2,000 SF

      Downtown Wakefield Office Space

      Prime Retail/Office, Single Tenant, 950 sq ft.
      209 Albion St, Wakefield, MA 01880
      View Details
    • Contact for pricing
      4,037 SF

      Amenity-Rich Office Space Available

      Class A office campus with many amenities and natural surroundings.
      201 Edgewater Dr, Wakefield, MA 01880
      View Details
    • Contact for pricing
      3,932 SF

      Wakefield Office Space Available

      Office space for rent in Wakefield, Massachusetts.
      107 Audubon Rd, Wakefield, MA 01880
      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.
    3 Teal Rd
    Wakefield, MA 01880-1223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    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.