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

    31 Leonard St, Unit 37 Belmont, MA 02478-2526

    • Retail space
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 04, 2023
    Location Intelligence
    Property ID
    US38-1499697
    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

    • Irresistibles / Women'S Clothing Store

    Property Details for 31 Leonard St

    Lot size
    0.10 lot acres
    Zone code
    LB1
    Property type
    Retail space
    APN
    BELM M:34 P:000138 S:
    APU
    BELMM34P000138S

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1754
    Latitude
    42.3969
    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
    $20,138
    $1,286,000
    $621,000
    $1,907,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      15 Leonard St, Unit 25

      RETAIL STORES (PERSONAL SERVICES) • 0.19 Acres
      15 Leonard St, Belmont, MA 02478-2516
      View Details
    • Value Estimation by Request
      0.45 Acres

      363 Pleasant St

      RETAIL STORES (PERSONAL SERVICES) • 0.45 Acres
      363 Pleasant St, Belmont, MA 02478-3245
      View Details
    • Value Estimation by Request
      0.22 Acres

      762-766 Pleasant St

      RETAIL STORES (PERSONAL SERVICES) • 0.22 Acres
      762-766 Pleasant St, Belmont, MA 02478
      View Details
    • Value Estimation by Request
      2,115 SF

      454 Cmn St, Unit 464

      RETAIL STORES (PERSONAL SERVICES) • 2,115 SF
      454 Cmn St, Belmont, MA 02478-2704
      View Details
    • Value Estimation by Request
      3,050 SF

      118 Concord Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,050 SF
      118 Concord Ave, Belmont, MA 02478-4034
      View Details
    • Value Estimation by Request
      2,001 SF

      233 Waverley St, Unit 239

      RETAIL STORES (PERSONAL SERVICES) • 2,001 SF
      233 Waverley St, Belmont, MA 02478-2415
      View Details

    Similar Nearby for Sale

    • $2,375,000

      Mixed-Use Property in Prime Location

      Two buildings in Belmont, Cambridge, Watertown with mixed-use zoning.
      163 Belmont St, Belmont, MA 02478
      View Details
    • $1,699,999

      Fully Tenanted Retail and Office

      Retail and office building with long-term tenants in place.
      345 Trapelo Rd, Belmont, MA 02478
      View Details
    • $1,300,000
      3,392 SF

      Retail Investment Opportunity in Belmont

      Retail property in Belmont, MA, offering long-term investment potential.
      117-121 Trapelo Rd, Belmont, MA 02478
      View Details
    • Contact for pricing
      11,500 SF

      Belmont Flex Space: 11,500 SF

      Multi-tenant flex space, 100% occupied, strong NOI.
      334 Pleasant St, Belmont, MA 02478
      View Details
    • Contact for pricing
      0.33 Acres

      Belmont, MA Unique Property

      Charming Belmont lot, ideal for development.
      334 Pleasant St, Belmont, MA 02478
      View Details
    • $1,575,000
      4,174 SF

      West of Boston Office Building

      4174 SF office building in strategic location for sale.
      44 Trapelo Rd, Belmont, MA 02478
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr

      Belmont Commercial Property For Lease

      Prime commercial property in Belmont, MA, suitable for various businesses.
      285 Belmont 285, Belmont, MA 02478
      View Details
    • $55 SF/Yr
      6,618 SF

      Belmont Center Retail Opportunity

      Retail space available in high-traffic Belmont Center location.
      60 Leonard St, Belmont, MA 02478
      View Details
    • Contact for pricing
      2,500 SF

      Belmont Drive-Thru Retail Opportunity

      Freestanding retail space with drive-thru in downtown Belmont.
      72 Leonard St, Belmont, MA 02478
      View Details
    • $1,900 /Mo

      Retail/Office Space on Trapelo Road

      Retail or office space with high visibility and traffic.
      386 A Trapelo Rd, Belmont, MA 02478
      View Details
    • $55 SF/Yr
      6,618 SF

      Belmont Center Retail Opportunity

      Prime retail spaces available in revitalized Belmont Center building.
      60 Leonard St, Belmont, MA 02478
      View Details
    • $1.00 SF/Yr
      2,537 SF

      Belmont Commercial Space for Lease

      Versatile commercial space suitable for retail or office use.
      285 Belmont St, Belmont, MA 02478
      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.
    31 Leonard St, Unit 37
    Belmont, MA 02478-2526
    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.