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    Property profile & analytics

    39 Central Ave Needham, MA 02494-2913

    • Investment properties
    • 6,208 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US38-0846249
    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

    • Investment properties

    Property Details for 39 Central Ave

    Lot size
    0.09 lot acres
    Property size
    6,208 SF
    Zone code
    NB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEED M:081.0 B:0014 L:0000.0
    APU
    NEEDM0810B0014L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $345,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $355,000
      Mixed-Use
      $305,000
      Hospitality
      $330,000
      Educational
      $330,000
      Residential Income
      $345,000
      Energy
      $270,000
      Income-Based Land
      $305,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2286
    Latitude
    42.3116
    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
    $0.00
    $266,000
    $285,800
    $551,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,160 SF

      206 A St

      OFFICE/RESIDENTIAL (MIXED USE) • 20,160 SF
      206 A St, Needham, MA 02494-2807
      View Details
    • Value Estimation by Request
      15,249 SF

      238 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 15,249 SF
      238 Highland Ave, Needham, MA 02494-3029
      View Details
    • Value Estimation by Request
      3,360 SF

      471 Hunnewell St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,360 SF
      471 Hunnewell St, Needham, MA 02494-1351
      View Details
    • Value Estimation by Request
      160,742 SF

      100 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 160,742 SF
      100 Ww St, Needham, MA 02494-1380
      View Details
    • Value Estimation
      $350,000
      1,440 SF

      254 Hillside Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,440 SF
      254 Hillside Ave, Needham, MA 02494-1301
      View Details
    • Value Estimation by Request
      23,376 SF

      1000 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 23,376 SF
      1000 Highland Ave, Needham, MA 02494-1262
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,700 SF

      Needham Mixed-Use Redevelopment Opportunity

      4,700 SF retail/office building with redevelopment potential in Needham.
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    • $3,000,000

      Redevelopment Opportunity on Central Avenue

      Commercial land available for owner-user or redevelopment.
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    • New
      $989,900
      0.19 Acres

      Needham Residential Land Redevelopment Opportunity

      Residential land in Needham Heights, ideal for redevelopment or expansion.
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      Two-Family Home in Needham Heights

      Two-family home in prime location near shops and schools.
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    Similar Nearby for Lease

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      8,126 SF

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      8,126 SF flex space for lease in Needham Heights.
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    • Contact for pricing
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    • $29 SF/Yr
      1,600 SF

      Renovated Retail Space for Lease

      First floor, renovated retail space on Newton/Needham line.
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    • Contact for pricing
      1,468 SF

      Needham Heights Office Space Available

      Office space for rent with convenient highway access.
      197 1St Ave, Needham Heights, MA 02494
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    • Contact for pricing
      45,200 SF

      Needham Flex Space: I-95 Access

      Modern flex space, I-95 access, 7,000-42,000 SF.
      60 Kendrick St, Needham, MA 02494
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    • Contact for pricing
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      Needham Office Space Available

      Office space available for rent in Needham, Massachusetts.
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      View Details
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    39 Central Ave
    Needham, MA 02494-2913
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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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