Technical
Financial
Distress signals
Property profile

318 Reservoir St Needham, MA 02494

OFF-MARKET
Auto shops
Property ID
US38-2480650
1,600 SF 0.35 ac lot Built 1955
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Total area 1,600 SF
Lot 0.35 ac (15,420 SF)
Zoning code I
APN NEED M:075.0 B:0030 L:0000.0
UPID US38-2480650

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

Location

318 Reservoir St Needham, MA 02494-3154
Needham metro Census 403501 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2008
1 recorded transaction
2008
$350,000

Zoning & alternative use

I · Needham, MA
Zoning description

The purpose of this district I is to promote Institutional uses.

General category CIVIC_INSTITUTIONAL

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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