495 Old Connecticut Path Framingham, MA 01701
Property profile & analytics
495 Old Connecticut Path Framingham, MA 01701
- Office buildings
- 12,618 SF
- 0.68 lot acres
Property ID
US38-1899547
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.
Location Intelligence
Current Use by Public Records
- Partner Engineering and Science, Inc. / Environmental Consultant / Engineer
- New Dover Associates, Inc. / Real Estate Agency
- Technical Staffing Associates / Employment Agency
Property Details for 495 Old Connecticut Path
- Year built
- 1981
- Construction
- STEEL FRAME
- Lot size
- 0.68 lot acres
- Property size
- 12,618 SF
- Zone code
- M
- Property type
- Office buildings
- APN
- FRAM M:072 B:58 L:2712 U:000
- APU
- FRAMM072B58L2712U000
Description
This exceptional three-story office building, situated at 495 Old Connecticut Path in Framingham, MA, presents a compelling investment opportunity. The 12,670 square foot brick and steel structure boasts a desirable location with prominent exterior signage potential. The building features an attractive design with a generous window line, ensuring ample natural light throughout. Efficient floor plans and a passenger elevator enhance functionality and tenant convenience. Ample parking is available for tenants and visitors. Currently, the building is 33.77% leased to three separate tenants, each with separately metered utilities. A significant portion of the building, totaling 8,392 square feet, is available for an owner-occupant, providing immediate potential for increased revenue and utilization. The property sits on a 0.68-acre lot. The building's design and layout are well-suited for conversion into office condominiums, offering a flexible and potentially lucrative future development path. This property offers a blend of immediate income potential and long-term growth opportunities in a highly desirable Framingham location. The asking price is $3,800,000. This is a rare opportunity to acquire a well-maintained, multi-tenant office building with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,085,000
Market price range: $226k - $2.32M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3926
- Latitude
- 42.312
- 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
$40,288
$425,100
$1,160,400
$1,585,500
-
$0.00
$0.00
$0.00
