Property profile

50 Albion St Wakefield, MA 01880

OFF-MARKET
Investment properties
Property ID
US38-1342530
3,341 SF 0.2 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 3,341 SF
Lot 0.2 ac (8,716 SF)
Zoning code B
APN WAKE M:000012 B:0081 P:000161
UPID US38-1342530

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
  • Nail Salon

Location

50 Albion St Wakefield, MA 01880-2803
Wakefield metro Census 335100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$363k
Blend (final) Blend
$625k

Owner & transaction history

since 2025
Last sale
$525,000
4 recorded transactions
2025
Price N/A
2020
Price N/A
2016
$536,000
2006
$525,000

Zoning & alternative use

B · Wakefield, MA
Zoning description

b) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $940,000 +8.9%
Neighborhood: shopping center $925,000 +7.2%
Retail stores $900,000 +4.3%

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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