Property profile

389 Massachusetts Ave Lexington, MA 02420

OFF-MARKET
Automotive properties
Property ID
US38-1013060
12,565 SF 0.91 ac lot Built 1930
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1930
Construction CONCRETE
Total area 12,565 SF
Lot 0.91 ac (39,571 SF)
Zoning code CRS
APN LEXI M:0021 L:000012
UPID US38-1013060

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station

Location

389 Massachusetts Ave Lexington, MA 02420
Lexington metro Census 358100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k

Owner & transaction history

since 2010
2 recorded transactions
2010
Price N/A
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
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