Property profile

371 Massachusetts Ave Lexington, MA 02420

OFF-MARKET
Automotive properties
Property ID
US38-0461493
4,000 SF 0.27 ac lot Built 1972
Entity Owned 26-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1972
Construction CONCRETE
Total area 4,000 SF
Lot 0.27 ac (11,865 SF)
Zoning code CRS
APN LEXI M:0013 L:000355
UPID US38-0461493

Cap rate & NOI

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

Location

371 Massachusetts Ave Lexington, MA 02420-4005
Lexington metro Census 358100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 1999
4 recorded transactions
2010
Price N/A
1999
$2.5M
1989
$575,000
1969
Price N/A

Zoning & alternative use

CRS · Lexington, MA
Zoning description

residential uses permitted in an underlying zoning district. 3. (Reserved) 4. Developments in the VO or VLO District may contain nonresidential uses on the street floor and basement to the extent permitted in either the…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 371 Massachusetts Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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