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    Property profile & analytics

    357 Commonwealth Rd Wayland, MA 01778-5005

    • Investment properties
    • 2,892 SF
    • 4.24 lot acres
    OFF-MARKET
    Value Estimation
    $1,515,000
    Last Sale
    Sep 20, 2023
    $1,500,000
    Location Intelligence
    Property ID
    US38-1180862
    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

    • greenGoat / Home Goods Store

    Property Details for 357 Commonwealth Rd

    Year built
    1720
    Lot size
    4.24 lot acres
    Property size
    2,892 SF
    Zone code
    R30
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WAYL M:52 L:157
    APU
    WAYLM52L157

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,375,000
      6.5%
      $1,405,000
      7%
      $1,590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,605,000
      Geo Method
      $1,250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,590,000
      Retail
      $1,420,000
      Mixed-Use
      $1,375,000
      Hospitality
      $1,335,000
      Educational
      $1,555,000
      Residential Income
      $1,305,000
      Energy
      $1,565,000
      Income-Based Land
      $1,240,000
      Food Service
      $1,570,000

    Location Insight

    • Map
    • Local Demand
    City
    Wayland
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.351
    Latitude
    42.3226
    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
    $22,932
    $677,000
    $800,600
    $1,477,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,784 SF

      52 Cochituate Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,784 SF
      52 Cochituate Rd, Wayland, MA 01778-2607
      View Details
    • Value Estimation by Request
      1,829 SF

      1 Old Farm Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,829 SF
      1 Old Farm Rd, Wayland, MA 01778-3117
      View Details
    • Value Estimation by Request
      1,188 SF

      135 Boston Post Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,188 SF
      135 Boston Post Rd, Wayland, MA 01778-2301
      View Details
    • Value Estimation
      $1,140,000
      3,870 SF

      31 Cochituate Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,870 SF
      31 Cochituate Rd, Wayland, MA 01778-1804
      View Details
    • Value Estimation by Request
      1,488 SF

      17 Cameron Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,488 SF
      17 Cameron Rd, Wayland, MA 01778-3101
      View Details
    • Value Estimation by Request
      1,432 SF

      52 Pemberton Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,432 SF
      52 Pemberton Rd, Wayland, MA 01778-4825
      View Details

    Similar Nearby for Sale

    • $1,450,000

      Renovated Multi-Family Home

      Multi-family residence with renovated units on a large lot.
      136 Commonwealth Rd, Wayland, MA 01778
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      3,050 SF

      Wayland Retail Building - For Sale

      Prime Retail Space, High Traffic Area
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      Dudley Pond Waterfront Lot

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      123 Dudley Rd, Wayland, MA 01778
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      Gut-renovated two-family home with modern amenities on a large lot.
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    Similar Nearby for Lease

    • Contact for pricing
      32,000 SF

      Wayland Village Retail Center

      Prime Wayland, MA Shopping Center Space
      297 Boston Post Rd, Wayland, MA 01778
      View Details
    • Contact for pricing
      3,050 SF

      Wayland Retail Building For Lease

      Prime Wayland Retail Space - 3,050 SF
      54 Boston Post Rd, Wayland, MA 01778
      View Details
    • Contact for pricing
      3,150 SF

      Wayland Retail Space - Boston Post Road

      Prime Retail Building, 3150 sq ft, 25 Parking Spaces
      326 Boston Post Rd, Wayland, MA 01778
      View Details
    • Contact for pricing
      191,448 SF

      Wayland Town Center Retail Space

      Prime Wayland, MA retail/medical space available.
      400 Boston Post Rd, Wayland, MA 01778
      View Details
    • Contact for pricing
      3,000 SF

      Wayland Retail Center - Main Street

      Prime Wayland Retail Space Available
      44 Main St, Wayland, MA 01778
      View Details
    • Contact for pricing
      640 SF

      Office Space on Route 20

      Well-maintained office space with flexible lease terms and easy parking.
      260 Boston Post Rd, Wayland, MA 01778
      View Details
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    357 Commonwealth Rd
    Wayland, MA 01778-5005
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    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
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