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    Property profile & analytics

    3rd Clock Tower Dr Wellesley, MA 02481-7624

    • Parking lots & garages
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US38-1498287
    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

    • Parking lots & garages

    Property Details for 3rd Clock Tower Dr

    Lot size
    0.07 lot acres
    Zone code
    BUS
    Property type
    Parking lots & garages
    APN
    WELL M:064 R:069 S:
    APU
    WELLM064R069S

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellesley
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2729
    Latitude
    42.3131
    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
    $1,572
    $151,000
    $0.00
    $151,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $310,000
      0.08 Acres

      356th Washington St

      PARKING LOT • 0.08 Acres
      356th Washington St, Wellesley, MA 02481-6206
      View Details
    • Value Estimation
      $285,000
      0.08 Acres

      356th Washington St

      PARKING LOT • 0.08 Acres
      356th Washington St, Wellesley, MA 02481-6206
      View Details
    • Value Estimation
      $410,000
      1,362 SF

      7 Burke Ln

      PARKING LOT • 1,362 SF
      7 Burke Ln, Wellesley, MA 02481-5601
      View Details
    • Value Estimation by Request
      0.17 Acres

      212 Worcester St

      VEHICLE SALES, RENTALS • 0.17 Acres
      212 Worcester St, Wellesley, MA 02481-5432
      View Details
    • Value Estimation by Request
      0.20 Acres

      2 Washington St

      SERVICE STATION (FULL SERVICE) • 0.20 Acres
      2 Washington St, Wellesley, MA 02481-1705
      View Details
    • Value Estimation by Request
      0.28 Acres

      431 Worcester St

      SERVICE STATION (FULL SERVICE) • 0.28 Acres
      431 Worcester St, Wellesley, MA 02481-5333
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,900 SF

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      Commercial property featuring showroom, warehouse, garage, and office space.
      26 Washington St, Wellesley, MA 02481
      View Details
    • $3,750,000

      Oversized Lot in Cliff Estates

      Large lot ready for new construction in desirable Wellesley location.
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      Multi-family home with high ceilings and oversized rooms.
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    Similar Nearby for Lease

    • Contact for pricing
      1,071 SF

      Retail Space in Wellesley Hills

      Retail space with high visibility and heavy traffic.
      260-278 Washington St, Wellesley Hills, MA 02481
      View Details
    • Contact for pricing

      Retail/Bank Space Available

      2,086 SF end cap retail/bank space for lease.
      Wellesley, MA 02481
      View Details
    • Contact for pricing
      3,732 SF

      Upscale Retail Space in Wellesley

      Luxury apartment complex retail space with high visibility and accessibility.
      40 William St, Wellesley, MA 02481
      View Details
    • Contact for pricing
      2,782 SF

      Retail Space in Wellesley, MA

      2,782 SF retail space available in Wellesley, MA.
      380 Washington St, Wellesley, MA 02481
      View Details
    • Contact for pricing
      2,410 SF

      Retail Space on Linden Street

      Retail space for rent, walking distance to Linden Square.
      139 Linden St, Wellesley, MA 02481
      View Details
    • Contact for pricing
      1,065 SF

      Prime Playhouse Square Location

      Adaptable space for office, medical, or retail uses.
      386 Washington St, Wellesley, MA 02481
      View Details
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    3rd Clock Tower Dr
    Wellesley, MA 02481-7624
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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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