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Property profile

56 Brk Rd Needham, MA 02494

OFF-MARKET
Other office properties
Property ID
US38-0984844
4,816 SF Built 1966
Last sale Jan 2022 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 56 Brook Road is a mixed-use building with access from the I-95 corridor via Exit 19 (Rt. 128 Exit 19). Highland Avenue connects to Wexford Street, providing additional routes to the property from multiple directions.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$1.02M
Assessed improvement$1.02M
Effective rate2.46%

Value estimate

· Oct 2026
$1.36M
$1.22M – $1.49M
AI approach$1.36M
CAP approach$1.74M
Submarket $/SF estimate$2.03M

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$503/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$275 – $781
Qualifying comparables19

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant31.0
Pharmacy21.2
Nail Salon17.0

Location

56 Brk Rd Needham, MA 02494-2929
County assessor Recorded deeds · 4 transfers 19 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17 Avery, Needham, MA 02494-1359 $1,100,000 Dec 2025 6,426 SF
87 Cres, Needham, MA 02494-1437 $2,550,000 Oct 2023 8,080 SF
18 Crawford, Needham, MA 02494-2649 $1,925,000 Mar 2023 6,614 SF
426 Hunnewell, Needham, MA 02494 $1,300,000 Jul 2022 3,168 SF
295 Reservoir, Needham, MA 02494-3100 $1,350,000 Jan 2021 4,000 SF
31 Fremont, Needham, MA 02494-2909 $720,000 Jun 2019 7,126 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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