Technical
Financial
Distress signals
Property profile

31 Central Ave Needham, MA 02494

OFF-MARKET
Auto shops
Property ID
US38-1826030
15,528 SF 0.32 ac lot Built 1920
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1920
Total area 15,528 SF
Lot 0.32 ac (13,939 SF)
Zoning code NB
APN NEED M:081.0 B:0012 L:0000.0
UPID US38-1826030

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
  • Auto Repair Shop
  • Building Supply

Location

31 Central Ave Needham, MA 02494-2913
Needham metro Census 403502 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.35M
Blend (final) Blend
$2.49M

Owner & transaction history

since 2020
Last sale
$1.9M
6 recorded transactions
2020
$1.9M
2020
Price N/A
2009
Price N/A
2006
Price N/A
1997
$570,000
1969
Price N/A

Zoning & alternative use

NB · Needham, MA
Zoning description

The purpose of this district NB is to promote Neighborhood 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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