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    Property profile & analytics

    491 Riverside Ave Medford, MA 02155-4944

    • Commercial land
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0886059
    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

    • Panda Express / Chinese Restaurant

    Property Details for 491 Riverside Ave

    Lot size
    0.58 lot acres
    Property type
    Commercial land
    APN
    MEDF M:Q-15 B:0011
    APU
    MEDFMQ15B0011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0865
    Latitude
    42.4101
    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
    $17,992
    $1,096,400
    $0.00
    $1,096,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      Riverside Ave

      VACANT COMMERCIAL LAND • 0.06 Acres
      Riverside Ave, Medford, MA 02155
      View Details
    • Value Estimation by Request
      0.68 Acres

      Pierce Ave

      VACANT COMMERCIAL LAND • 0.68 Acres
      Pierce Ave, Medford, MA 02155
      View Details
    • Value Estimation by Request
      0.08 Acres

      Alexander Ave

      VACANT COMMERCIAL LAND • 0.08 Acres
      Alexander Ave, Medford, MA 02155
      View Details
    • Value Estimation by Request
      0.25 Acres

      Boston Ave

      VACANT COMMERCIAL LAND • 0.25 Acres
      Boston Ave, Medford, MA 02155
      View Details
    • Value Estimation by Request
      0.13 Acres

      Mystic Ave

      VACANT COMMERCIAL LAND • 0.13 Acres
      Mystic Ave, Medford, MA 02155
      View Details
    • Value Estimation by Request
      0.32 Acres

      Mystic Ave

      VACANT COMMERCIAL LAND • 0.32 Acres
      Mystic Ave, Medford, MA 02155
      View Details

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    Similar Nearby for Lease

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      Paved Land Near Downtown Boston

      1.5 acres of flat, paved land with easy access.
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      Medford Office Space For Rent

      Well-kept 2800 SF office space available on Main Street.
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    • $1,700 /Mo
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      Medford Square Office Space Available

      Spacious, sunny 500 sq ft office in Medford Square.
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      Flex Space Available For Rent

      Flex space with new features and expansion underway.
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      Medford Office Building for Rent

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      Office Sublet Near Wellington Station

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    Property Visit Statistics

    • Visits by month
      18.7k
    • Visitors by month
      15.3k
    • Avg Time on site
      20 min
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    491 Riverside Ave
    Medford, MA 02155-4944
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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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