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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Specialty properties
475 Bedford St, Lexington, MA 02420-1428
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1443515
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1965
Total area
71,040 SF
Lot
9 ac (392,040 SF)
Zoning code
RO
APN
LEXI M:0084 L:00085A
UPID
US38-1443515
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
-
Lexington Tennis Club Sports School Sports Field & Court
-
Stick2it Physical Therapy and Wellness Physician
-
Swim Angelfish at YMCA of Newton Swimming School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.03M
Owner & transaction history
Cresset Lexington LLC · 19 yrs held
Cresset Lexington LLC
since 2007
7 recorded transactions
Zoning & alternative use
RO · Lexington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$14 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$167,198
Tax year 2024
Assessed value
$6,909,000
Assessed 2024
Previous assessed
$7,885,000
-12.4% YoY
Effective rate
2.42%
On assessed value
Assessed land
$3,341,000
Assessed improvement
$3,568,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
1
Total area
71,040 SF
Lot
9 ac (392,040 SF)
Zoning code
RO
APN
LEXI M:0084 L:00085A
UPID
US38-1443515
Jurisdiction
LEXINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RO · Lexington, MA
Zoning RO · permitted uses
RO · Lexington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
1
Lot
9 ac
Current owner
From public records · entity-resolved
Cresset Lexington LLC
Entity
Mailing address
120 WATER ST STE #200, BOSTON, MA 02109-4251
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2017
—
Cressett Lexington LLC
—
Deed
related
$7,500,000 · Radius Bank
Feb 26, 2007
$9,655,000
Cresset Lexington LLC
Apca Lexington LLC
Grant Deed
$7,665,000 · Citigroup Global Markets
Feb 27, 2004
$7,640,643
Apca Lexington LLC
Hdc Rlest LLC
Grant Deed
$5,218,000 · Sovereign Bank
Jul 13, 2000
—
Hdc Re LLC
—
Deed Of Trust
related
$6,350,000 · Sovereign Bank
May 22, 2000
—
Hdc Re LLC
—
Deed Of Trust
related
$7,380,719 · Fleet National Bank
Apr 28, 1999
$6,500,000
Lexington Club INC
Parker Mills INC
Grant Deed
—
Apr 28, 1999
—
Lexington Club INC
—
Deed Of Trust
related
$5,525,000 · Fleet National Bank
Oct 10, 1996
—
Parker Mills INC
—
Deed Of Trust
related
$4,800,000 · Thomas M Sykes
Aug 28, 1987
—
Parker Mills INC
—
Deed Of Trust
related
$1,400,000 · Bristol County Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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