Property profile

398 Riverside Ave Medford, MA 02155

OFF-MARKET
Warehouses
Property ID
US38-1832316
112,540 SF 3.07 ac lot Built 1961
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 112,540 SF
Lot 3.07 ac (133,729 SF)
APN MEDF M:P-14 B:0071
UPID US38-1832316

Cap rate & NOI

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

Location

398 Riverside Ave Medford, MA 02155
Medford metro Census 339802 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
$22.37M
Comparable Approach Comparable
by Request
Blend (final) Blend
$28.77M

Owner & transaction history

since 2021
Last sale
$29.3M
5 recorded transactions
2021
$29.3M
2012
Price N/A
2001
Price N/A
1989
Price N/A
1988
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $32.7M +99.6%
Auto repair, garage $31.7M +93.5%
Neighborhood: shopping center $31.2M +90.5%

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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