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

    363 Great Rd Bedford, MA 01730

    • Commercial real estate
    • 4,596 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1365341
    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

    • Minuteman Diner Bedford Mass / Restaurant
    • B & Q Carpet Cleaners / Carpet Cleaning Service
    • Kohler / Kitchen Supply Store / Bathroom Supply Store
    • Relaxation Place Bodywork & Foot Reflexology / Massage Therapist / Massage Spa
    • ABC Relaxation Place / Massage Therapist

    Property Details for 363 Great Rd

    Year built
    1988
    Lot size
    1.39 lot acres
    Property size
    4,596 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 363 Great Road in Bedford, Massachusetts, presents a unique opportunity for businesses seeking a prominent location. The single-tenant building boasts a total of 4,596 square feet, all currently vacant, spread across two stories. Built in 1988, the structure sits on a 1.39-acre lot encompassing 60,453 square feet, providing ample space and visibility. The property features a convenient elevator, enhancing accessibility for all occupants and customers. Ample parking is available with 50 spaces, ensuring convenient access for employees and clients. The building's strategic location at a bustling intersection, alongside high-traffic neighboring tenants, guarantees significant exposure and foot traffic. The property is zoned for retail and industrial uses, offering versatility for a range of businesses. The asking rent is $20.00 per square foot, net, with some spaces offering flat fees inclusive of utilities. This property in Middlesex County (zip code 01730) offers a beautiful second-floor space ideal for various office uses. The combination of size, location, and amenities makes this an exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.260554
    Latitude
    42.4840558

    Comparable in this City

    • Contact for pricing
      12,650 SF

      Bedford Flex/Office Space Available

      6,325± SF flex/office space with ample parking, convenient location.
      1 Deangelo Dr, Bedford, MA 01730
      View Details
    • Contact for pricing
      6,325 SF

      Bedford Flex Space for Lease

      Flexible office space in Bedford, MA, with ample parking.
      13 Deangelo Dr, Bedford, MA 01730
      View Details
    • Contact for pricing
      24,783 SF

      Bedford Flex/Industrial Space Available

      56,138 SF flex/industrial space for lease in Bedford, MA.
      8 Crosby Dr, Bedford, MA 01730
      View Details
    • Contact for pricing
      8,596 SF

      Bedford Retail Space For Lease

      Prime Bedford location, multiple spaces available.
      160 Great Rd, Bedford, MA 01730
      View Details
    • Contact for pricing
      38,795 SF

      Great Road Retail Center Space

      Bedford, MA: Prime Retail Opportunity
      297 Great Rd, Bedford, MA 01730
      View Details
    • Contact for pricing
      4,750 SF

      Retail Space in Bedford, MA

      Retail spaces available for lease in Bedford, Massachusetts.
      213 Burlington Rd, Bedford, MA 01730
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      31,000 SF

      Prime Bedford Office/Flex Space

      31,000 SF, Class A, 106 Parking Spaces
      13-15 Deangelo Dr, Bedford, MA 01730
      View Details
    • $989,900

      Commercial Condo in Bedford, MA

      Remodeled commercial condo for sale near Bedford Town Center.
      54 Loomis St, Bedford, MA 01730
      View Details
    • $565,000

      Bedford Land with Ranch

      51,401sf lot with 5-room ranch in Bedford, MA.
      62 Carlisle Rd, Bedford, MA 01730
      View Details
    • Contact for pricing
      24,751 SF

      Bedford Office Investment Opportunity

      24,751 SF Flex Space, 68% Occupied
      4 Preston Ct, Bedford, MA 01730
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,650 SF

      Bedford Flex/Office Space Available

      6,325± SF flex/office space with ample parking, convenient location.
      1 Deangelo Dr, Bedford, MA 01730
      View Details
    • Contact for pricing
      6,325 SF

      Bedford Flex Space for Lease

      Flexible office space in Bedford, MA, with ample parking.
      13 Deangelo Dr, Bedford, MA 01730
      View Details
    • Contact for pricing
      24,783 SF

      Bedford Flex/Industrial Space Available

      56,138 SF flex/industrial space for lease in Bedford, MA.
      8 Crosby Dr, Bedford, MA 01730
      View Details
    • Contact for pricing
      8,596 SF

      Bedford Retail Space For Lease

      Prime Bedford location, multiple spaces available.
      160 Great Rd, Bedford, MA 01730
      View Details
    • Contact for pricing
      38,795 SF

      Great Road Retail Center Space

      Bedford, MA: Prime Retail Opportunity
      297 Great Rd, Bedford, MA 01730
      View Details
    • Contact for pricing
      4,750 SF

      Retail Space in Bedford, MA

      Retail spaces available for lease in Bedford, Massachusetts.
      213 Burlington Rd, Bedford, MA 01730
      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.
    363 Great Rd
    Bedford, MA 01730
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    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.