Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    502 Sprague St Dedham, MA 02026-3921

    • Industrial properties
    • 5,952 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Location Intelligence
    Property ID
    US38-1189467
    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

    • Dedham TV / Television Station
    • Wynd / Television Station

    Property Details for 502 Sprague St

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.59 lot acres
    Property size
    5,952 SF
    Zone code
    LM
    Property type
    Industrial properties
    APN
    DEDH M:0158 L:0001
    APU
    DEDHM0158L0001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $685,000
      6.5%
      $585,000
      7%
      $695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $625,000
      Geo Method
      $655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $595,000
      Retail
      $560,000
      Mixed-Use
      $685,000
      Hospitality
      $535,000
      Educational
      $620,000
      Residential Income
      $680,000
      Energy
      $560,000
      Income-Based Land
      $580,000
      Food Service
      $635,000

    Location Insight

    • Map
    • Local Demand
    City
    Dedham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1403
    Latitude
    42.2332
    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
    $20,406
    $364,000
    $424,500
    $788,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      4,000 SF

      20 Clf Way

      CONDOMINIUMS (INDUSTRIAL) • 4,000 SF
      20 Clf Way, Dedham, MA 02026-2993
      View Details
    • Value Estimation
      $280,000
      0.39 Acres

      242 Milton St

      HEAVY INDUSTRIAL • 0.39 Acres
      242 Milton St, Dedham, MA 02026-2904
      View Details
    • Value Estimation
      $265,000
      1,875 SF

      200 Milton St, Unit 1

      CONDOMINIUMS (INDUSTRIAL) • 1,875 SF
      200 Milton St, Dedham, MA 02026-2902
      View Details
    • Value Estimation
      $245,000
      1,875 SF

      206 Milton St, Unit 7

      CONDOMINIUMS (INDUSTRIAL) • 1,875 SF
      206 Milton St, Dedham, MA 02026-2902
      View Details
    • Value Estimation
      $280,000
      1,875 SF

      206 Milton St, Unit 8

      CONDOMINIUMS (INDUSTRIAL) • 1,875 SF
      206 Milton St, Dedham, MA 02026-2902
      View Details
    • Value Estimation
      $385,000
      6,000 SF

      310 Whiting Ave

      CONDOMINIUMS (INDUSTRIAL) • 6,000 SF
      310 Whiting Ave, Dedham, MA 02026
      View Details

    Similar Nearby for Sale

    • $1,650,000
      3,756 SF

      Renovated Industrial Building in Dedham

      Renovated 3,756 SF industrial building on 0.31-acre lot for sale.
      106 River St, Dedham, MA 02026
      View Details
    • Contact for pricing
      1,750 SF

      Dedham Commercial Condominiums For Sale

      Two adjoining commercial condominiums totaling 3,250 square feet in Dedham.
      27 River St, Dedham, MA 02026
      View Details
    • $615,000

      Commercial Condo For Sale

      Garage/warehouse with small office, suitable for various businesses.
      1 Business 1, Dedham, MA 02026
      View Details
    • Contact for pricing
      1,500 SF

      Dedham Commercial Condominiums For Sale

      Two adjoining commercial condominiums totaling 3,250 square feet in Dedham.
      29 River St, Dedham, MA 02026
      View Details
    • $409,000
      2,183 SF

      Dedham Multifamily Income Opportunity

      Two homes on a large corner lot, ideal for extended family.
      2 Leominster Rd, Dedham, MA 02026
      View Details
    • $2,900,000

      Versatile Land Parcel in Dedham

      Over 11 acres of land with development potential.
      1133 High St, Dedham, MA 02026
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,090 SF

      Dedham Retail Center: Prime Location

      High-traffic retail space available in Dedham, MA.
      870-890 Providence Hwy, Dedham, MA 02026
      View Details
    • $1,500 /Mo
      800 SF

      Prime Dedham Office Space Available

      Bright office suites in a convenient Dedham location for rent.
      515 Providence Hwy, Dedham, MA 02026
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in CVS Anchored Center

      Retail spaces available in busy, highly visible Dedham plaza.
      234-270 Bussey St, Dedham, MA 02026
      View Details
    • $1,200 /Mo

      Office and Retail Space Available

      Office and retail spaces for lease starting 01/01/2026.
      4 Pearl St, Dedham, MA 02026
      View Details
    • Contact for pricing
      6,250 SF

      Retail Space on Route 1

      Retail space available in Dedham, co-tenants include major retailers.
      270 Providence Hwy, Dedham, MA 02026
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Route 1

      Retail space with high visibility on a busy corridor.
      456 Providence Hwy, Dedham, MA 02026
      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.
    502 Sprague St
    Dedham, MA 02026-3921
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.