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    Property profile & analytics

    400 Commonwealth Ave Ste 3b Boston, MA 02215-2813

    • Office Properties & Spaces
    • 1,824 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US38-1506828
    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

    • Back Bay Fit / Fitness Center / Gym
    • Brazilian Top Team Back Bay / Martial Arts School
    • Dr. Andrew McLeod / Optometrist
    • ONYX Sports Physical Therapy / Fitness Center / Gym
    • Dr. Amy Nau / Optometrist

    Property Details for 400 Commonwealth Ave Ste 3b

    Lot size
    0.04 lot acres
    Property size
    1,824 SF
    Zone code
    CC
    Property type
    Office Properties & Spaces
    APN
    CBOS W:05 P:03809 S:302
    APU
    CBOSW05P03809S302

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $450,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $600,000
      Retail
      $555,000
      Mixed-Use
      $500,000
      Hospitality
      $485,000
      Educational
      $525,000
      Residential Income
      $510,000
      Energy
      $580,000
      Income-Based Land
      $580,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0911
    Latitude
    42.3485
    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
    $13,926
    $0.00
    $551,100
    $551,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $300,000
      379 SF

      464 Commonwealth Ave, Unit 24B

      CONDOMINIUM OFFICES • 379 SF
      464 Commonwealth Ave, Boston, MA 02215-2701
      View Details
    • Value Estimation
      $325,000
      1,766 SF

      390 Commonwealth Ave, Unit D2B2

      CONDOMINIUM OFFICES • 1,766 SF
      390 Commonwealth Ave, Boston, MA 02215-2804
      View Details
    • Value Estimation
      $300,000
      352 SF

      464 Commonwealth Ave Ste 24a

      CONDOMINIUM OFFICES • 352 SF
      464 Commonwealth Ave Ste 24a, Boston, MA 02215-2734
      View Details
    • Value Estimation
      $295,000
      293 SF

      464 Commonwealth Ave, Unit 17

      CONDOMINIUM OFFICES • 293 SF
      464 Commonwealth Ave, Boston, MA 02215-2701
      View Details
    • Value Estimation by Request
      41,232 SF

      1050 Commonwealth Ave

      Life science properties • 41,232 SF
      1050 Commonwealth Ave, Boston, MA 02215
      View Details
    • Value Estimation
      $965,000
      1,124 SF

      25 Bay State Rd Ste, Unit 2

      CONDOMINIUM OFFICES • 1,124 SF
      25 Bay State Rd Ste, Boston, MA 02215-2108
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,536 SF

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      Turn-key office suite in Boston's prestigious Somerset building.
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      Street-level commercial condo in prime location, ideal for retail/office.
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      Office space in the heart of Kenmore Square.
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    • $27 SF/Yr
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      Boston Office/Flex Space for Lease

      Versatile Office Space, Prime Location
      1050 Commonwealth Ave, Boston, MA 02215
      View Details
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    400 Commonwealth Ave Ste 3b
    Boston, MA 02215-2813
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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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