Property profile

301 Edgewater Pl Unit 100 100 Wakefield, MA 01880

FOR LEASE
Office buildings
Property ID
US38-1874634
79,446 SF 16.37 ac lot Built 1988
Entity Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is Class A office space within the Edgewater office campus, configured for office use and encompassing 3,960 square feet. It is part of an amenity-rich campus featuring two fitness centers, a community garden, walking trails, two cafeterias, on-site security, outdoor seating, a game room, a conference center, and garage parking. The Edgewater campus is located near five ponds and is surrounded by Reedy Meadow, a 1,200-acre conservation marshland, and includes an internal walking and running path that connects much of the office park to Market Street in Lynnfield. Market Street in Lynnfield is characterized by a concentration of retail and dining and includes Lahey Health Hub.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction STEEL FRAME
Total area 79,446 SF
Lot 16.37 ac (713,077 SF)
Zoning code I
APN WAKE M:00036W B:0034 P:00051B
UPID US38-1874634

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
  • Services
  • Interior Design Home Decor Store
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Data Center IT Consulting Firm
  • Construction Company

Location

301 Edgewater Pl Unit 100, Unit 100 Wakefield, MA 01880
Wakefield metro Census 335302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.86M

Owner & transaction history

since 2009
2 recorded transactions
2009
$37.5M
2002
$51.4M

Zoning & alternative use

I · Wakefield, MA
Zoning description

I. Accessory industrial retail. The finished products of an industrial establishment may be sold in the enclosed premises at retail, provided that: (1) The floor area devoted to such retail does not exceed 10% of the tot…

General category INDUSTRIAL

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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