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    Property profile & analytics

    371 Massachusetts Ave Lexington, MA 02420-4005

    • Automotive properties
    • 4,000 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0461493
    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

    • Automotive properties

    Property Details for 371 Massachusetts Ave

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.27 lot acres
    Property size
    4,000 SF
    Zone code
    CRS
    Property type
    Automotive properties
    APN
    LEXI M:0013 L:000355
    APU
    LEXIM0013L000355

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1998
    Latitude
    42.4278
    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
    $20,401
    $443,000
    $400,000
    $843,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,686 SF

      301 Massachusetts Ave

      VEHICLE SALES, RENTALS • 1,686 SF
      301 Massachusetts Ave, Lexington, MA 02420-4015
      View Details
    • Value Estimation by Request
      12,565 SF

      389 Massachusetts Ave

      VEHICLE SALES, RENTALS • 12,565 SF
      389 Massachusetts Ave, Lexington, MA 02420
      View Details
    • Value Estimation by Request
      1,944 SF

      39 Bedford St

      SERVICE STATION (FULL SERVICE) • 1,944 SF
      39 Bedford St, Lexington, MA 02420-4339
      View Details
    • Value Estimation by Request
      6,072 SF

      7 Massachusetts Ave

      AUTO REPAIR, GARAGE • 6,072 SF
      7 Massachusetts Ave, Lexington, MA 02420-4001
      View Details
    • Value Estimation by Request
      2,476 SF

      647 Lowell St

      SERVICE STATION (FULL SERVICE) • 2,476 SF
      647 Lowell St, Lexington, MA 02420-1938
      View Details
    • Value Estimation by Request
      3,107 SF

      27 Massachusetts Ave

      CAR WASH • 3,107 SF
      27 Massachusetts Ave, Lexington, MA 02420-4001
      View Details

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    Similar Nearby for Lease

    • $2,000 /Mo
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      Lexington Retail/Office Space For Rent

      Retail or office space for rent near Lexington Center.
      33 Bedford St, Lexington, MA 02420
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    • Contact for pricing
      32,317 SF

      Restaurant Space in Downtown Lexington

      Second-generation restaurant space in a prime downtown location.
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      View Details
    • Contact for pricing
      5,668 SF

      Downtown Lexington Retail Space Available

      Store-front retail property in the heart of downtown Lexington.
      1833-1853 Massachusetts Ave, Lexington, MA 02420
      View Details
    • $35 SF/Yr

      Prime Retail/Office Space Lexington

      High-visibility retail/office space in historic Lexington Center.
      1844 Massachusetts Ave, Lexington, MA 02420
      View Details
    • $2,150 /Mo

      Retail Space on Bedford Street

      Highly visible retail space near Minuteman Bikeway and Stop & Shop.
      235 Bedford St, Lexington, MA 02420
      View Details
    • $2,000 /Mo

      Lexington Retail or Office Space

      Retail or office space for rent near Lexington Center.
      33 Bedford 2, Lexington, MA 02420
      View Details

    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      2.8k
    • Avg Time on site
      36 min
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    371 Massachusetts Ave
    Lexington, MA 02420-4005
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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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