334 Pleasant St Belmont, MA 02478
Property Lookup
Property profile & analytics
334 Pleasant St Belmont, MA 02478
- Retail space
- 0.33 lot acres
Property ID
US38-0451030
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.
Location Intelligence
Current Use by Public Records
- Polzella Colin / Dental Office
- Paul Callahan Dental Prosthetics / Dental Office
- Loud Dope Recording Studio / Recording Studio
- Restoration Project Nonprofit Program & Thrift Store / Discount Store
Property Details for 334 Pleasant St
- Lot size
- 0.33 lot acres
- Zone code
- LB3
- Property type
- Retail space
- APN
- BELM M:45 P:000044 S:
- APU
- BELMM45P000044S
Description
This exceptional investment opportunity presents a 11,500 square foot multi-tenant flex space located at 334 Pleasant Street in Belmont, Massachusetts. The property, classified as Class C, boasts a 0.47% cap rate and a substantial net operating income (NOI) of $195,776.23. Currently 100% occupied across four units, this two-story building offers a stable income stream with multiple short-term leases, presenting an excellent opportunity for both owner-users and investors. Built in 1980, the property sits on a 0.33-acre lot and includes 15 parking spaces. Its convenient location just off Route 2 provides easy access to major transportation arteries. The property's flexible space is ideal for a variety of uses, making it a highly desirable asset in the competitive Belmont market. The building's strong occupancy rate and positive cash flow make it an attractive investment prospect with significant potential for future growth. Detailed financial statements are available upon request. This is a rare opportunity to acquire a well-maintained, multi-tenant property in a prime location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1659
- Latitude
- 42.4039
- 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
$24,056
$711,000
$1,567,000
$2,278,000
-
$0.00
$0.00
$0.00
