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    OFF-MARKET Estimated value $520,000
    Office Spaces

    3 Woodland Rd 4, Stoneham, MA 02180-1702

    4,063 SF 0.5 ac lot Built 1969
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US38-2015616
    Property summary
    AI-generated overview

    This exceptional medical office condominium, located at 3 Woodland Road in Stoneham, Massachusetts, presents a unique leasing opportunity. Situated within a complex of approximately 45 similar units, this property offers 1,330 square feet of vacant space, ideal for a variety of medical practices. The building enjoys a desirable location along the Middlesex Fells Reservation and Spot Pond, providing a tranquil and accessible setting for patients and staff. The zoning designation allows for Medical, Office, and Residential uses, ensuring flexibility for future expansion or adaptation. This particular unit, designated as Unit 411, is available for lease. The property is a condominium, and the condominium documents stipulate that the use must be restricted to medical practices. The address is 3 Woodland Road, Stoneham, MA 02180, within Middlesex County. This presents a rare chance to secure a well-located, functional medical office space in a thriving community. The property's proximity to natural amenities enhances its appeal, offering a unique blend of professional and recreational environments. Interested parties should inquire for further details and leasing terms. The property is conveniently located in Stoneham, MA, offering easy access to major transportation routes and local amenities. This is a fantastic opportunity for medical professionals seeking a well-established and desirable location for their practice.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1969
    Construction STEEL FRAME
    Total area 4,063 SF
    Lot 0.5 ac (21,780 SF)
    Zoning code M
    APN STON M:27 B:000 L:4
    UPID US38-2015616
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $705k
    Blend (final) Blend
    $520k
    Owner & transaction history
    FELLSWAY DEVELOPMENT LLC
    FELLSWAY DEVELOPMENT LLC
    Zoning & alternative use
    M · Stoneham, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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