Technical
Financial
Distress signals
Property profile

468 Great Rd Acton, MA 01720

OFF-MARKET
Office Spaces
Property ID
US38-1042029
14,304 SF 1.33 ac lot Built 1998
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story office building, situated on a 2.87-acre lot in Acton, MA, offers a blend of functionality and elegance. Built in 1998, the 14,845 square foot building boasts a distinctive foyer bathed in natural light, creating a welcoming atmosphere. Currently, there is 2,500 square feet of vacant space available, including one contiguous 1,378 square foot suite, ideal for a variety of businesses. The property is zoned for business use and features 65 convenient parking spaces, ensuring ample accommodation for tenants and their clients. The building is equipped with elevators and a modern HVAC system, enhancing both accessibility and comfort. Fire safety is prioritized with a comprehensive sprinkler system throughout. Its strategic location provides easy access to major transportation arteries, including Route 2 and I-495, offering seamless connectivity for commuters. The building's proximity to local amenities further enhances its appeal, making it a desirable location for businesses seeking a convenient and well-connected workspace. This property presents a unique opportunity for businesses seeking a well-maintained, spacious, and conveniently located office space in a thriving community. The building's features, combined with its prime location, make it an attractive investment opportunity.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1998
Total area 14,304 SF
Lot 1.33 ac (57,935 SF)
APN ACTO M:00C4 B:0021 L:0005
UPID US38-1042029

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Commercial Cleaning Service House Cleaning Service
  • Pension Office Business Administration Service
  • Accounting Firm
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice

Location

468 Great Rd Acton, MA 01720-4187
Acton metro Census 363103 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.24M
Blend (final) Blend
$3.16M

Owner & transaction history

since 2007
7 recorded transactions
2009
Price N/A
2007
$2.1M
2006
Price N/A
2004
$1.5M
2004
Price N/A
2001
Price N/A
1999
$1.7M

Zoning & alternative use

Top alternative use upside
Restaurant $4.2M +134.9%
Auto repair, garage $4.0M +127.7%
Neighborhood: shopping center $4.0M +124.2%

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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