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    Property profile & analytics
    OFF-MARKET Estimated value $10,235,000
    Commercial real estate

    400 Boston Post Rd, Wayland, MA 01778-1824

    44,301 SF 11.5 ac lot Built 2012
    Entity Owned ~ Est. High Equity
    Property ID
    US38-1280907
    Property summary
    AI-generated overview

    This exceptional mixed-use development, Wayland Town Center, offers a unique opportunity for businesses seeking high-visibility retail or medical office space in the affluent town of Wayland, Massachusetts. Located at 400 Boston Post Rd, 01778, this 191,448 square foot property boasts a prime location just 20 minutes west of downtown Boston, conveniently situated off Route 20 and Route 27. The center features a strong tenant mix including a Stop & Shop anchor grocer, X-Golf, The Local, Elements Massage, The Bagel Table, Btone, and Giacomo's Restaurant, along with approximately 17,000 square feet of medical office space anchored by Beth Israel Deaconess Medical Center. Currently, there are 10 spaces available, ranging from 900 to 15,000 contiguous square feet, with a total of 19,889 square feet of vacant space. The property sits on a 28.85-acre lot and offers 899 parking spaces, ensuring ample convenience for customers and employees. Benefitting from 439 feet of frontage along Route 20, the center enjoys exceptional visibility at the intersection of two major roadways. The property is zoned LC-Limited Commercial/Mixed-Use Overlay District. This vibrant center offers a compelling combination of strong demographics, ample parking, and a diverse tenant mix, making it an ideal location for businesses seeking to thrive in a successful retail market.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2012
    Construction STEEL FRAME
    Total area 44,301 SF
    Lot 11.5 ac (500,940 SF)
    Zoning code LC
    APN WAYL M:23 L:052
    UPID US38-1280907
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Peapod by Stop & Shop Take-out & Catering Grocery & Convenience Store
    • The Local Kitchen & Drinks Restaurant
    • Western Union Bank Credit Union
    • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
    • Wayland Pizza Company Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $11.25M
    Comparable Approach Comparable
    $10.37M
    Blend (final) Blend
    $10.24M
    Owner & transaction history
    Np Wayland LLC
    Np Wayland LLC
    since 2025
    7 recorded transactions
    2025
    $35.8M
    2022
    2022
    2016
    2015
    2015
    $20.0M
    2015
    $28.0M
    Zoning & alternative use
    LC · Wayland, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $12.9M +12.4%
    Auto repair, garage $12.5M +8.9%
    Neighborhood: shopping center $12.3M +7.2%
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