Property profile

500 EDGEWATER DR Wakefield, MA 1880

OFF-MARKET
Office Building
Property ID
US38-0440265
149,500 SF 4.35 ac lot Built 1987
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Property summary

AI-generated overview

The property consists of Class A office space in Wakefield, Massachusetts, with a total area of 5,753 square feet. It is located within the Edgewater office campus, an amenity-oriented business park that includes two fitness centers, a community garden, walking trails, outdoor seating, two cafeterias, on-site security, a game room, a conference center, and garage parking. The campus setting is near five ponds and is surrounded by Reedy Meadow, a 1,200-acre conservation marshland, with an internal walking and running path that connects much of the office park to Market Street in nearby Lynnfield, where retail and dining options and a Lahey Health Hub are located.

Property profile

Verified
Property type Office Building
Year built 1987
Total area 149,500 SF
Lot 4.35 ac (189,486 SF)
APN WAKE M:00036W B:0040
UPID US38-0440265

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
  • Business To Business Service Financial Consultant
  • Consultant
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Financial Advisor
  • Financial Advisor

Location

500 EDGEWATER DR Wakefield, MA 1880
Wakefield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2011
Last sale
$16.8M
1 recorded transaction
2011
$16.8M
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