Property profile

333 Nn Ave Ste 4 Wakefield, MA 01880

OFF-MARKET
Other office properties
Property ID
US38-0448428
4,431 SF 1 ac lot Built 1984
Individually Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This professionally maintained commercial office suite is configured with five private offices, a large conference room, a separate reception area, a kitchenette, and a large storage area. The suite has exclusive use of one bathroom located outside the suite. The building provides abundant off-street parking with 68 total parking spaces, and the space is located in a mixed professional office environment that includes medical and general office uses such as an eye doctor, therapist, physical therapy, and accounting. The suite is offered as part of a gross lease structure where utilities are separately metered and paid by the tenant.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 1984
Construction STEEL FRAME
Total area 4,431 SF
Lot 1 ac (43,560 SF)
Zoning code B
APN WAKE M:000011 B:0179 P:000654
UPID US38-0448428

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

333 Nn Ave Ste, Unit 4 Wakefield, MA 01880-2300
Wakefield metro Census 335100 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
$717k
Blend (final) Blend
$550k

Owner & transaction history

since 2012
1 recorded transaction
2012
$1

Zoning & alternative use

B · Wakefield, MA
Zoning description

b) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…

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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