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    Property profile & analytics

    507-509 Main St Waltham, MA 02452

    • Investment properties
    • 6,317 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0949061
    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

    • Investment properties

    Property Details for 507-509 Main St

    Year built
    1880
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    6,317 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WALT M:061 B:002 L:0005
    APU
    WALTM061B002L0005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.231
    Latitude
    42.3773
    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
    $0.00
    $427,500
    $938,300
    $1,365,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,060 SF

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    • Value Estimation by Request
      5,978 SF

      556-558 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,978 SF
      556-558 Main St, Waltham, MA 02452
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    • Value Estimation by Request
      5,640 SF

      80 Trapelo Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,640 SF
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    • Value Estimation by Request
      3,233 SF

      10 Park Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 3,233 SF
      10 Park Pl, Waltham, MA 02452-5517
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    • Value Estimation by Request
      1,988 SF

      616 Trapelo Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,988 SF
      616 Trapelo Rd, Waltham, MA 02452-7934
      View Details
    • Value Estimation
      $3,940,000
      0.54 Acres

      184 Lexington St, Unit 190

      OFFICE/RESIDENTIAL (MIXED USE) • 0.54 Acres
      184 Lexington St, Waltham, MA 02452-4644
      View Details

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    Similar Nearby for Lease

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      18,154 SF

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      Prime Waltham Office Space Available

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    507-509 Main St
    Waltham, MA 02452
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    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
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