Financial
Distress signals
Property profile

460 Hillside Ave Needham, MA 02494

OFF-MARKET
Industrial properties
Property ID
US38-0409950
39,328 SF 0.94 ac lot Built 1925
Last sale Jan 2008 · $4,200,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,000-square-foot industrial property, located at 460 Hillside Avenue in Needham, Massachusetts, 02494, presents a unique opportunity for businesses seeking versatile space. Classified as both flex and warehouse space, this multi-tenant building offers a single available unit ideal for a variety of uses. The property boasts one loading dock, providing convenient access for loading and unloading goods. Its strategic location in Needham, MA makes it easily accessible,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$98k
Tax billed · 2024
Assessed value$3.98M
Assessed land$567k
Assessed improvement$3.41M
Effective rate2.46%

Value estimate

· Sep 2026
$5.46M
$4.91M – $6.00M
CAP approach$6.44M
Sales comparison$6.29M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$103 – $222
Qualifying comparables6

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?
I
The purpose of this district I is to promote Institutional uses.
General categoryCIVIC_INSTITUTIONAL
JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon10.4
Clothing Store9.3
Law Firm9.2

Location

460 Hillside Ave Needham, MA 02494-1279
County assessor Recorded deeds · 8 transfers 6 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 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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