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    Property profile & analytics

    54 Mellen St Needham, MA 02494-1202

    • Auto shops
    • 5,454 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US38-1586029
    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

    • Mellen Street Garage / Auto Dent Removal Service / Auto Repair Shop

    Property Details for 54 Mellen St

    Year built
    1932
    Lot size
    0.19 lot acres
    Property size
    5,454 SF
    Zone code
    AS
    Property type
    Auto shops
    APN
    NEED M:063.0 B:0013 L:0000.0
    APU
    NEEDM0630B0013L00000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2344
    Latitude
    42.2918
    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
    $12,872
    $243,600
    $280,300
    $523,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,995,000
      6,500 SF

      444 Hillside Ave

      AUTO REPAIR, GARAGE • 6,500 SF
      444 Hillside Ave, Needham, MA 02494-1208
      View Details
    • Value Estimation
      $485,000
      8,900 SF

      7 Arlington Rd

      AUTO REPAIR, GARAGE • 8,900 SF
      7 Arlington Rd, Needham, MA 02494-2901
      View Details
    • Value Estimation
      $525,000
      3,030 SF

      70 Fremont St

      AUTO REPAIR, GARAGE • 3,030 SF
      70 Fremont St, Needham, MA 02494-2932
      View Details
    • Value Estimation
      $545,000
      4,940 SF

      27 Wexford St

      AUTO REPAIR, GARAGE • 4,940 SF
      27 Wexford St, Needham, MA 02494-2911
      View Details
    • Value Estimation
      $260,000
      1,400 SF

      76 Wexford St

      AUTO REPAIR, GARAGE • 1,400 SF
      76 Wexford St, Needham, MA 02494-2918
      View Details
    • Value Estimation
      $595,000
      2,160 SF

      43 Wexford St

      AUTO REPAIR, GARAGE • 2,160 SF
      43 Wexford St, Needham, MA 02494-2911
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,700 SF

      Needham Mixed-Use Redevelopment Opportunity

      4,700 SF retail/office building with redevelopment potential in Needham.
      50 Central Ave, Needham Heights, MA 02494
      View Details
    • New
      $989,900
      0.19 Acres

      Needham Residential Land Redevelopment Opportunity

      Residential land in Needham Heights, ideal for redevelopment or expansion.
      3 Crescent Rd, Needham, MA 02494
      View Details
    • $3,000,000

      Redevelopment Opportunity on Central Avenue

      Commercial land available for owner-user or redevelopment.
      40-50 Central Ave, Needham, MA 02494
      View Details
    • $899,000

      Two-Family Home in Needham Heights

      Two-family home in prime location near shops and schools.
      187 Saint Mary St, Needham, MA 02494
      View Details

    Similar Nearby for Lease

    • $10,000 /Mo

      Retail/Flex Space with Garage

      Retail/flex space with garage, suitable for various commercial uses.
      29 Franklin St, Needham, MA 02494
      View Details
    • $29 SF/Yr
      1,600 SF

      Renovated Retail Space for Lease

      First floor, renovated retail space on Newton/Needham line.
      33 Highland Ave, Needham, MA 02494
      View Details
    • Contact for pricing
      1,655 SF

      Retail Space on Highland Avenue

      Sublease retail space with high visibility and on-site parking.
      120 Highland Ave, Needham, MA 02494
      View Details
    • $3,600 /Mo
      6,500 SF

      Prime Needham Office Suites

      Modern spaces, flexible sizes, great location.
      475 Hillside Ave, Needham, MA 02494
      View Details
    • Contact for pricing
      24,458 SF

      Needham Suburban Office Space Available

      86,906 SF office building in Needham's innovation hub.
      254 2Nd Ave, Needham, MA 02494
      View Details
    • Contact for pricing
      15,521 SF

      Class A Office Space

      Class A office building in dynamic Needham Crossing business park.
      75 2Nd Ave, Needham Heights, MA 02494
      View Details

    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      1.5k
    • Avg Time on site
      14 min
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    54 Mellen St
    Needham, MA 02494-1202
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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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