Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5 Watson St Natick, MA 01760

    • Parking lots & garages
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1861458
    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

    • OptiTrust Insurance LLC / Insurance Agency

    Property Details for 5 Watson St

    Lot size
    0.28 lot acres
    Zone code
    RSA
    Property type
    Parking lots & garages
    APN
    NATI M:00000041 P:0000105C
    APU
    NATIM00000041P0000105C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Natick
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3781
    Latitude
    42.2818
    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
    $1,525
    $110,700
    $13,700
    $124,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      15 Morgan Dr, Unit PS39

      RESIDENTIAL PARKING GARAGE
      15 Morgan Dr, Natick, MA 01760-4293
      View Details
    • Value Estimation by Request

      13 Morgan Dr, Unit PS29

      RESIDENTIAL PARKING GARAGE
      13 Morgan Dr, Natick, MA 01760-4380
      View Details
    • Value Estimation by Request

      11 Morgan Dr, Unit PS1

      RESIDENTIAL PARKING GARAGE
      11 Morgan Dr, Natick, MA 01760-4377
      View Details
    • Value Estimation by Request

      17 Morgan Dr, Unit PS25

      RESIDENTIAL PARKING GARAGE
      17 Morgan Dr, Natick, MA 01760-4290
      View Details
    • Value Estimation by Request

      9 Morgan Dr, Unit PS32

      RESIDENTIAL PARKING GARAGE
      9 Morgan Dr, Natick, MA 01760-4289
      View Details
    • Value Estimation by Request
      0.64 Acres

      161 Central St

      PARKING LOT • 0.64 Acres
      161 Central St, Natick, MA 01760
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,422 SF

      Downtown Natick Retail Opportunity

      Retail space in a newly developed mixed-use building.
      21 Summer St, Natick, MA 01760
      View Details
    • $1,300,000

      Natick Center Redevelopment Opportunity

      Two-family house plus detached commercial/retail building in Natick Center.
      49 Summer St, Natick, MA 01760
      View Details
    • Contact for pricing
      89,500 SF

      Downtown Natick Mixed-Use Building

      Street-level retail/restaurant space in a newly developed mixed-use building.
      45 East Central St, Natick, MA 01760
      View Details
    • $7,200,000
      3.00 Acres

      South Natick Center Investment Opportunity

      Historic 3-Acre Commercial Property
      21 Eliot St, Natick, MA 01760
      View Details
    • $1,470,000
      1,732 SF

      Natick Warehouse with Route 9 Visibility

      1,732 SF building with two drive-in doors and visibility.
      206 Worcester St, Natick, MA 01760
      View Details
    • $899,000

      Well-Maintained Two-Family Corner Lot

      Two-family property near Natick Center, ideal for investors/owner-occupants.
      40 Morse St, Natick, MA 01760
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      54,893 SF

      Natick Retail Spaces Available

      Prime Natick location, multiple units.
      1290 Worcester St, Natick, MA 01760
      View Details
    • Contact for pricing
      202 SF

      Retail Space in Natick, MA

      202 SF retail space available for rent in Natick.
      1-23 Main St, Natick, MA 01760
      View Details
    • Contact for pricing
      1,686 SF

      Retail/Flex Space in Downtown Natick

      Ground-up retail/flex opportunity near Natick Common.
      1 S Main St, Natick, MA 01760
      View Details
    • Contact for pricing
      3,765 SF

      Natick Center Retail/Office Space

      3,765 SF space in Natick Center near retailers/restaurants.
      12 Washington St, Natick, MA 01760
      View Details
    • Contact for pricing
      3,202 SF

      Retail Space in Sherwood Plaza

      Retail space available in a high-traffic shopping center.
      1272 Worcester St, Natick, MA 01760
      View Details
    • Contact for pricing
      194,558 SF

      Retail Space in Natick, MA

      Large retail property available for lease in Natick.
      1245 Worcester St, Natick, MA 01760
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Watson St
    Natick, MA 01760
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.