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Financial
Distress signals
Property profile

40 Hartwell Ave Lexington, MA 02421

OFF-MARKET
Office buildings
Property ID
US38-0652619
30,351 SF 7 ac lot Built 1969
Last sale Oct 2022 · $16,386,401
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$181k
Tax billed · 2024
Assessed value$7.49M
Assessed land$5.32M
Assessed improvement$2.17M
Effective rate2.42%

Value estimate

· Oct 2026
$15.16M
$13.64M – $16.68M
CAP approach$15.81M
Submarket $/SF estimate$10.28M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$260/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$163 – $307
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CM
The intent of this zone is to promote manufacturing uses.
General categoryINDUSTRIAL
JurisdictionLEXINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Building Supply17.7
Wholesale Shop17.4

Location

40 Hartwell Ave Lexington, MA 02421-3103
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20 Maguire, Lexington, MA 02421-3140 $89,000,000 Oct 2022 100,271 SF
12 Hartwell, Lexington, MA 02421-3113 $2,965,245 Mar 2022 33,600 SF
181 Spg, Lexington, MA 02421-8071 $191,500,000 Oct 2021 58,448 SF
1 Hartwell Pl, Lexington, MA 02421-3130 $38,660,892 Jul 2021 116,121 SF
5 Militia, Lexington, MA 02421-4716 $4,125,000 Jul 2021 14,238 SF
4 Militia, Lexington, MA 02421-4737 $4,150,000 Feb 2020 14,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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