38 Edge Hl Rd Waltham, MA 02451-1716
Property profile & analytics
38 Edge Hl Rd Waltham, MA 02451-1716
- Office buildings
- 16,035 SF
- 0.59 lot acres
Property ID
US38-0784715
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
- Protec Instrument Corporation / Corporate Office
Property Details for 38 Edge Hl Rd
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 0.59 lot acres
- Property size
- 16,035 SF
- Property type
- Office buildings
- APN
- WALT M:057 B:006 L:0008
- APU
- WALTM057B006L0008
Description
This exceptional investment opportunity presents a 16,035-square-foot, four-story office building situated on a 0.81-acre lot in Waltham, Massachusetts. The property, located at 38 & 40 Edge Hill Rd, 02451, is zoned Commercial/R3 and includes a separate 0.22-acre vacant lot. Built in 1986, the building features a single elevator, two staircases, and a sprinkler system. The interior boasts 14-foot ceilings (11 feet on levels with drop ceilings), eight restrooms (one men's and one women's per floor), and ample parking for 40 vehicles. The building is currently owner-occupied, with the current use being light manufacturing and laboratory space. The seller requires a two-year leaseback of less than 50% of the building's space, providing a potential income stream for the buyer. The property is approximately 1.5 miles from Route 95, offering convenient access to major transportation routes. This versatile property is suitable for traditional office, medical office, or creative office uses, making it an attractive investment for owner-users or investors seeking a multi-faceted opportunity in a prime Waltham location. The asking price is $3,295,000, with a price per square foot of $205.49. The building is heated by gas.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,760,000
- ML approach
- $1,695,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,332,000
Market price range: $182k - $3.57M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waltham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.26
- Latitude
- 42.3768
- 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
$54,538
$637,000
$1,996,400
$2,633,400
-
$0.00
$0.00
$0.00
